Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Western Gold Resources Ltd. ( (AU:WGR) ).
Western Gold Resources Limited, an ASX-listed resources company focused on gold projects, continues to expand its equity base through the issuance of new ordinary shares. The company has applied for quotation on the ASX of 1,000,000 new fully paid ordinary shares, issued on 29 January 2026 following the exercise or conversion of existing options or other convertible securities, modestly increasing its listed capital and potentially improving liquidity for shareholders.
The most recent analyst rating on (AU:WGR) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Western Gold Resources Ltd. stock, see the AU:WGR Stock Forecast page.
More about Western Gold Resources Ltd.
Western Gold Resources Limited is an Australia-listed company on the ASX under the code WGR, operating in the resources sector with a focus suggested by its name on gold exploration and development activities.
Average Trading Volume: 988,968
Technical Sentiment Signal: Buy
Current Market Cap: A$70M
For a thorough assessment of WGR stock, go to TipRanks’ Stock Analysis page.