Westgold Resources Future Growth

Future criteria checks 5/6

Westgold Resources is forecast to grow earnings and revenue by 35.2% and 18.3% per annum respectively. EPS is expected to grow by 24.5% per annum. Return on equity is forecast to be 27.9% in 3 years.

Key information

35.2%

Earnings growth rate

24.5%

EPS growth rate

Metals and Mining earnings growth	41.3%
Revenue growth rate	18.3%
Future return on equity	27.9%
Analyst coverage	Low
Last updated	18 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:WGX - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	1,782	442	434	693	4
6/30/2026	1,813	473	420	740	4
6/30/2025	1,541	359	215	577	4
9/30/2024	806	95	10	321	N/A
6/30/2024	716	95	79	352	N/A
3/31/2024	691	61	71	277	N/A
12/31/2023	701	65	89	277	N/A
9/30/2023	679	37	47	221	N/A
6/30/2023	657	10	9	168	N/A
3/31/2023	643	-73	-24	148	N/A
12/31/2022	653	-142	-35	146	N/A
9/30/2022	650	-127	-31	163	N/A
6/30/2022	648	-111	-27	180	N/A
3/31/2022	614	-31	-30	188	N/A
12/31/2021	580	49	-34	196	N/A
9/30/2021	576	63	-7	223	N/A
6/30/2021	571	77	20	249	N/A
3/31/2021	568	75	27	245	N/A
12/31/2020	565	72	34	241	N/A
9/30/2020	529	54	5	198	N/A
6/30/2020	492	35	-23	156	N/A
12/31/2019	454	34	-17	133	N/A
9/30/2019	436	24	-38	107	N/A
6/30/2019	418	13	-59	81	N/A
12/31/2018	290	-39	-164	-3	N/A
9/30/2018	283	-36	-160	6	N/A
6/30/2018	277	-32	N/A	15	N/A
12/31/2017	281	-10	N/A	47	N/A
9/30/2017	294	-2	N/A	61	N/A
6/30/2017	307	6	N/A	76	N/A
3/31/2017	423	4	N/A	84	N/A
12/31/2016	401	-7	N/A	92	N/A
9/30/2016	353	-14	N/A	71	N/A
6/30/2016	305	-21	N/A	50	N/A
6/30/2015	233	14	N/A	70	N/A
6/30/2014	161	24	N/A	66	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WGX's forecast earnings growth (35.2% per year) is above the savings rate (2.3%).

Earnings vs Market: WGX's earnings (35.2% per year) are forecast to grow faster than the Canadian market (16.4% per year).

High Growth Earnings: WGX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WGX's revenue (18.3% per year) is forecast to grow faster than the Canadian market (7% per year).

High Growth Revenue: WGX's revenue (18.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WGX's Return on Equity is forecast to be high in 3 years time (27.9%)

Westgold Resources Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Westgold Resources Limited Provides Production Guidance for the Fiscal Year 2025

Recent updates

Westgold Resources Limited Provides Update on Resource Development Drilling Program Under the Lake Cowan Project At Higginsville

First quarter 2025 earnings released: EPS: AU$0.028 (vs AU$0.046 in 1Q 2024)

Westgold Resources Limited Provides Update on the Re-Evaluation of the Company's Fortnum Project in the Murchison

Westgold Resources Limited Provides an Update from Ongoing Resource Development Drilling at Its Bluebird-South Junction Mining Complex in Meekatharra, Western Australia

Westgold Resources Limited to Report Q1, 2025 Results on Oct 31, 2024

Investor sentiment improves as stock rises 18%

Westgold Resources Limited Appoints Aaron Rankine as Chief Operating Officer, Effective 20 January 2025

Westgold Resources Limited Provides Production Guidance for the Fiscal Year 2025

Westgold Resources Limited Provides Update in Relation to Recent Mining Activities At the Western Flanks Orebody At Beta Hunt

Westgold Resources Limited Commences Mining At South Junction

High number of new directors

Full year 2024 earnings released: EPS: AU$0.20 (vs AU$0.021 in FY 2023)

Westgold Resources Limited, Annual General Meeting, Nov 28, 2024

Westgold Resources Limited to Report Fiscal Year 2024 Results on Aug 29, 2024

Westgold Resources Limited Provides an Overview of the Beta Hunt Mine and Update in Relation to the Ongoing Stage 3 Resource Definition Drilling Program

Westgold Resources Limited Presents the Maiden Ore Reserve for Its South Junction Mine

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies