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Westgold Resources ASX:WGX Stock Report

Last Price

AU$2.51

Market Cap

AU$1.2b

7D

6.8%

1Y

79.3%

Updated

26 Jun, 2024

Data

Company Financials +

Westgold Resources Limited

ASX:WGX Stock Report

Market Cap: AU$1.2b

WGX Stock Overview

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

WGX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance3/6
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$2.51
52 Week HighAU$2.77
52 Week LowAU$1.35
Beta0.75
11 Month Change15.67%
3 Month Change-4.20%
1 Year Change79.29%
33 Year Change33.51%
5 Year Change36.78%
Change since IPO45.93%

Recent News & Updates

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

Recent updates

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
7D6.8%-0.3%0.2%
1Y79.3%-8.3%8.9%

Return vs Industry: WGX exceeded the Australian Metals and Mining industry which returned -7.6% over the past year.

Return vs Market: WGX exceeded the Australian Market which returned 10.7% over the past year.

Price Volatility

Is WGX's price volatile compared to industry and market?
WGX volatility
WGX Average Weekly Movement7.9%
Metals and Mining Industry Average Movement11.5%
Market Average Movement8.3%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market3.2%

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

Volatility Over Time: WGX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a1,300Wayne Bramwellwww.westgold.com.au

Westgold Resources Limited engages in the exploration, operation, development, mining, and treatment of gold assets primarily in Western Australia. 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 is based in Perth, Australia.

Westgold Resources Limited Fundamentals Summary

How do Westgold Resources's earnings and revenue compare to its market cap?
WGX fundamental statistics
Market capAU$1.22b
Earnings (TTM)AU$61.12m
Revenue (TTM)AU$690.68m

19.4x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WGX income statement (TTM)
RevenueAU$690.68m
Cost of RevenueAU$591.05m
Gross ProfitAU$99.63m
Other ExpensesAU$38.51m
EarningsAU$61.12m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin14.42%
Net Profit Margin8.85%
Debt/Equity Ratio0%

How did WGX perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

8%

Payout Ratio
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