ASX:WGXMetals and Mining
Westgold Resources (ASX:WGX) Is Down 10.7% After Boosting Dividend And Reserves – Has The Bull Case Changed?
In late August 2026, Westgold Resources announced a very large, fully franked final dividend of A$0.10 per share for FY26, alongside extending its buyback plan and reporting FY26 sales of A$2,440.89 million and net income of A$443.45 million.
At the same time, the company outlined a capital-efficient Meekatharra expansion and reported a 41% uplift in gold reserves to 4.1 Moz, underscoring a materially larger production and resource base underpinned by strong liquidity.
Next, we’ll examine...