Westgold Resources (TSX:WGX) - Stock Price, News & Analysis

WGX Stock Overview

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

About the company

WGX fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 58% below our estimate of its fair value

Revenue is forecast to grow 44.96% per year

Became profitable this year

Risk Analysis

Shareholders have been substantially diluted in the past year

Shares are highly illiquid

Westgold Resources Limited Competitors

Centerra Gold

TSX:CG

CA$2.1b

Equinox Gold

TSX:EQX

CA$3.2b

Sandstorm Gold

TSX:SSL

CA$2.2b

Torex Gold Resources

TSX:TXG

CA$2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Westgold Resources
Historical stock prices
Current Share Price	AU$2.70
52 Week High	AU$2.75
52 Week Low	AU$2.37
Beta	0.75
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	12.50%

Recent updates

Shareholder Returns

	WGX	CA Metals and Mining	CA Market
7D	5.1%	4.6%	2.8%
1Y	n/a	15.9%	14.9%

Return vs Industry: Insufficient data to determine how WGX performed against the Canadian Metals and Mining industry.

Return vs Market: Insufficient data to determine how WGX performed against the Canadian Market.

Price Volatility

Is WGX's price volatile compared to industry and market?
WGX volatility
WGX Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	10.0%
Market Average Movement	8.0%
10% most volatile stocks in CA Market	16.8%
10% least volatile stocks in CA Market	3.1%

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

Volatility Over Time: Insufficient data to determine WGX's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	1,300	Wayne Bramwell	www.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 cap	CA$2.54b
Earnings (TTM)	CA$55.78m
Revenue (TTM)	CA$630.31m

45.5x

P/E Ratio

4.0x

P/S Ratio

Is WGX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WGX income statement (TTM)
Revenue	AU$690.68m
Cost of Revenue	AU$591.05m
Gross Profit	AU$99.63m
Other Expenses	AU$38.51m
Earnings	AU$61.12m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.065
Gross Margin	14.42%
Net Profit Margin	8.85%
Debt/Equity Ratio	0%

How did WGX perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

8%

Payout Ratio

Westgold Resources TSX:WGX Stock Report