WTGR.F Stock Overview
Westgold Resources Limited engages in the exploration, development, mining, and treatment of gold assets primarily in Western Australia.
Westgold Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.86|
|52 Week High||AU$1.74|
|52 Week Low||AU$0.86|
|1 Month Change||-15.95%|
|3 Month Change||n/a|
|1 Year Change||-44.33%|
|3 Year Change||-16.77%|
|5 Year Change||-44.69%|
|Change since IPO||-44.69%|
Recent News & Updates
|WTGR.F||US Metals and Mining||US Market|
Return vs Industry: WTGR.F underperformed the US Metals and Mining industry which returned -9% over the past year.
Return vs Market: WTGR.F underperformed the US Market which returned -18.4% over the past year.
|WTGR.F Average Weekly Movement||n/a|
|Metals and Mining Industry Average Movement||9.9%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: Insufficient data to determine WTGR.F's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine WTGR.F's volatility change over the past year.
About the Company
Westgold Resources Limited engages in the exploration, development, mining, and treatment of gold assets primarily in Western Australia. The company’s assets include the Meekatharra Gold Operations, Fortnum Gold Operations, and Cue Gold Operations that comprise approximately 350 mining titles covering an area of 1,300 square kilometers in the Central Murchison region. It also provides contract mining services.
Westgold Resources Fundamentals Summary
|WTGR.F fundamental statistics|
Is WTGR.F overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WTGR.F income statement (TTM)|
|Cost of Revenue||AU$505.69m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.10|
|Net Profit Margin||8.47%|
How did WTGR.F perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Is WTGR.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WTGR.F?
Other financial metrics that can be useful for relative valuation.
|What is WTGR.F's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does WTGR.F's PE Ratio compare to its peers?
|WTGR.F PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CMCL Caledonia Mining
GORO Gold Resource
FTCO Fortitude Gold
WTGR.F Westgold Resources
Price-To-Earnings vs Peers: WTGR.F is expensive based on its Price-To-Earnings Ratio (11.7x) compared to the peer average (10.3x).
Price to Earnings Ratio vs Industry
How does WTGR.F's PE Ratio compare vs other companies in the US Metals and Mining Industry?
Price-To-Earnings vs Industry: WTGR.F is expensive based on its Price-To-Earnings Ratio (11.7x) compared to the US Metals and Mining industry average (8.1x)
Price to Earnings Ratio vs Fair Ratio
What is WTGR.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11.7x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate WTGR.F's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of WTGR.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: WTGR.F ($0.86) is trading below our estimate of fair value ($17.4)
Significantly Below Fair Value: WTGR.F is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: WTGR.F is good value based on its PEG Ratio (0.2x)
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How is Westgold Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WTGR.F's forecast earnings growth (61.1% per year) is above the savings rate (1.9%).
Earnings vs Market: WTGR.F's earnings (61.1% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: WTGR.F's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WTGR.F's revenue (15.5% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: WTGR.F's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WTGR.F's Return on Equity is forecast to be low in 3 years time (11.4%).
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How has Westgold Resources performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WTGR.F has high quality earnings.
Growing Profit Margin: WTGR.F's current net profit margins (8.5%) are lower than last year (12.8%).
Past Earnings Growth Analysis
Earnings Trend: WTGR.F has become profitable over the past 5 years, growing earnings by 53.3% per year.
Accelerating Growth: WTGR.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WTGR.F had negative earnings growth (-32.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (94.3%).
Return on Equity
High ROE: WTGR.F's Return on Equity (7.9%) is considered low.
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How is Westgold Resources's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: WTGR.F's short term assets (A$192.5M) exceed its short term liabilities (A$114.8M).
Long Term Liabilities: WTGR.F's short term assets (A$192.5M) exceed its long term liabilities (A$182.4M).
Debt to Equity History and Analysis
Debt Level: WTGR.F is debt free.
Reducing Debt: WTGR.F had no debt 5 years ago.
Debt Coverage: WTGR.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WTGR.F has no debt, therefore coverage of interest payments is not a concern.
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What is Westgold Resources's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WTGR.F's dividend (1.65%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: WTGR.F's dividend (1.65%) is low compared to the top 25% of dividend payers in the US market (4.23%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether WTGR.F's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if WTGR.F's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), WTGR.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: WTGR.F is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wayne Bramwell (55 yo)
Mr. Wayne Christopher Bramwell, B.Sc. (Mineral Science - Extractive Metallurgy), Grad Dip Bus, M.Sc. (Mineral Economics), GAICD, serves as Managing Director of Westgold Resources Limited since May 24, 2022...
Experienced Management: WTGR.F's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: WTGR.F's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WTGR.F insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.7%.
Westgold Resources Limited's employee growth, exchange listings and data sources
- Name: Westgold Resources Limited
- Ticker: WTGR.F
- Exchange: OTCPK
- Founded: NaN
- Industry: Gold
- Sector: Materials
- Implied Market Cap: AU$575.298m
- Listing Market Cap: AU$399.596m
- Shares outstanding: 473.50m
- Website: https://www.westgold.com.au
Number of Employees
- Westgold Resources Limited
- 197 St Georges Terrace
- Level 6
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.