company background image
WGX logo

Westgold Resources ASX:WGX Stock Report

Last Price

AU$2.81

Market Cap

AU$2.6b

7D

5.2%

1Y

40.5%

Updated

21 Nov, 2024

Data

Company Financials +

Westgold Resources Limited

ASX:WGX Stock Report

Market Cap: AU$2.6b

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
Valuation4/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Westgold Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Westgold Resources
Historical stock prices
Current Share PriceAU$2.81
52 Week HighAU$3.36
52 Week LowAU$1.80
Beta0.74
11 Month Change-14.59%
3 Month Change-5.39%
1 Year Change40.50%
33 Year Change35.75%
5 Year Change39.11%
Change since IPO63.37%

Recent News & Updates

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

Recent updates

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

Here's Why I Think Westgold Resources (ASX:WGX) Is An Interesting Stock

Oct 09
Here's Why I Think Westgold Resources (ASX:WGX) Is An Interesting Stock

Can You Imagine How Westgold Resources' (ASX:WGX) Shareholders Feel About The 64% Share Price Increase?

Dec 09
Can You Imagine How Westgold Resources' (ASX:WGX) Shareholders Feel About The 64% Share Price Increase?

Should Weakness in Westgold Resources Limited's (ASX:WGX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Nov 24
Should Weakness in Westgold Resources Limited's (ASX:WGX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Shareholder Returns

WGXAU Metals and MiningAU Market
7D5.2%-0.9%1.5%
1Y40.5%-12.8%17.2%

Return vs Industry: WGX exceeded the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: WGX exceeded the Australian Market which returned 17.2% over the past year.

Price Volatility

Is WGX's price volatile compared to industry and market?
WGX volatility
WGX Average Weekly Movement7.0%
Metals and Mining Industry Average Movement10.9%
Market Average Movement8.6%
10% most volatile stocks in AU Market17.3%
10% least volatile stocks in AU Market3.4%

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$2.62b
Earnings (TTM)AU$94.59m
Revenue (TTM)AU$806.15m

28.0x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WGX income statement (TTM)
RevenueAU$806.15m
Cost of RevenueAU$626.10m
Gross ProfitAU$180.05m
Other ExpensesAU$85.45m
EarningsAU$94.59m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin22.33%
Net Profit Margin11.73%
Debt/Equity Ratio0%

How did WGX perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

13%

Payout Ratio