Westgold Resources Limited

ASX:WGX Stock Report

Market Cap: AU$2.6b

Westgold Resources (WGX) Stock Overview

Engages in the exploration, operation, development, mining, and treatment of gold and other assets primarily in Western Australia. More details

WGX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health4/6
Dividends0/6

WGX Community Fair Values

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Westgold Resources Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Westgold Resources
Historical stock prices
Current Share PriceAU$2.75
52 Week HighAU$3.38
52 Week LowAU$2.21
Beta0.64
1 Month Change-9.24%
3 Month Change-6.78%
1 Year Change3.77%
3 Year Change141.23%
5 Year Change21.68%
Change since IPO59.88%

Recent News & Updates

We Think Westgold Resources (ASX:WGX) Can Stay On Top Of Its Debt

Jul 07
We Think Westgold Resources (ASX:WGX) Can Stay On Top Of Its Debt

Why Investors Shouldn't Be Surprised By Westgold Resources Limited's (ASX:WGX) 25% Share Price Surge

Jun 13
Why Investors Shouldn't Be Surprised By Westgold Resources Limited's (ASX:WGX) 25% Share Price Surge

Westgold Resources (ASX:WGX) Strong Profits May Be Masking Some Underlying Issues

May 20
Westgold Resources (ASX:WGX) Strong Profits May Be Masking Some Underlying Issues

Recent updates

We Think Westgold Resources (ASX:WGX) Can Stay On Top Of Its Debt

Jul 07
We Think Westgold Resources (ASX:WGX) Can Stay On Top Of Its Debt

Why Investors Shouldn't Be Surprised By Westgold Resources Limited's (ASX:WGX) 25% Share Price Surge

Jun 13
Why Investors Shouldn't Be Surprised By Westgold Resources Limited's (ASX:WGX) 25% Share Price Surge

Westgold Resources (ASX:WGX) Strong Profits May Be Masking Some Underlying Issues

May 20
Westgold Resources (ASX:WGX) Strong Profits May Be Masking Some Underlying Issues

Lacklustre Performance Is Driving Westgold Resources Limited's (ASX:WGX) Low P/S

Apr 25
Lacklustre Performance Is Driving Westgold Resources Limited's (ASX:WGX) Low P/S

Westgold Resources (ASX:WGX) Seems To Use Debt Quite Sensibly

Mar 13
Westgold Resources (ASX:WGX) Seems To Use Debt Quite Sensibly
author-image

Upgrades At Beta Hunt And Bluebird Mines Set To Improve Future Operational Efficiency

Post-merger operational optimization and infrastructure upgrades are expected to lower costs, boost efficiency, and support revenue growth through increased production scale.

Westgold Resources Limited (ASX:WGX) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Nov 04
Westgold Resources Limited (ASX:WGX) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

The Market Doesn't Like What It Sees From Westgold Resources Limited's (ASX:WGX) Revenues Yet

Jun 25
The Market Doesn't Like What It Sees From Westgold Resources Limited's (ASX:WGX) Revenues Yet

Investors Aren't Buying Westgold Resources Limited's (ASX:WGX) Revenues

Feb 07
Investors Aren't Buying Westgold Resources Limited's (ASX:WGX) Revenues

Shareholder Returns

WGXAU Metals and MiningAU Market
7D-3.5%-2.0%-0.04%
1Y3.8%-6.4%7.6%

Return vs Industry: WGX exceeded the Australian Metals and Mining industry which returned -6.4% over the past year.

Return vs Market: WGX underperformed the Australian Market which returned 7.6% over the past year.

Price Volatility

Is WGX's price volatile compared to industry and market?
WGX volatility
WGX Average Weekly Movement7.2%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.0%
10% most volatile stocks in AU Market18.1%
10% least volatile stocks in AU Market3.1%

Stable Share Price: WGX has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: WGX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19872,100Wayne Bramwellwww.westgold.com.au

Westgold Resources Limited engages in the exploration, operation, development, mining, and treatment of gold and other assets primarily in Western Australia. It operates through: Bryah Operations, Murchison Operations, and Other segments. The company’s assets include Bryah Operations, Murchison Operations, Meekatharra Gold Operations, and Cue Gold Operations that comprise various mining titles covering 1,300 square kilometers in the Murchison region.

Westgold Resources Limited Fundamentals Summary

How do Westgold Resources's earnings and revenue compare to its market cap?
WGX fundamental statistics
Market capAU$2.59b
Earnings (TTM)AU$103.26m
Revenue (TTM)AU$1.19b
25.1x
P/E Ratio
2.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WGX income statement (TTM)
RevenueAU$1.19b
Cost of RevenueAU$915.84m
Gross ProfitAU$278.24m
Other ExpensesAU$174.98m
EarningsAU$103.26m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin23.30%
Net Profit Margin8.65%
Debt/Equity Ratio2.5%

How did WGX perform over the long term?

See historical performance and comparison

Dividends

0.9%
Current Dividend Yield
10%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/11 14:12
End of Day Share Price 2025/07/11 00:00
Earnings2025/03/31
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Westgold Resources Limited is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim McCormackCanaccord Genuity
Hugo NicolaciGoldman Sachs
Andrew BowlerMacquarie Research