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Westgold Resources ( (AU:WGX) ) has provided an update.
Westgold Resources has disclosed a change in the shareholding of non-executive director Hon. Cheryl Edwardes AO, who increased her direct holding in the company. She acquired 3,791 fully paid ordinary shares via an on-market trade at $5.2599 per share, lifting her stake from 22,005 to 25,796 shares.
The transaction, which involved no share disposals or associated contracts, indicates a modest vote of confidence from the director in Westgold’s prospects. The company also confirmed that the trade did not occur during a closed period requiring prior written clearance under its trading policy.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$6.00 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
More about Westgold Resources
Westgold Resources Limited is an Australian mining company focused on the production of gold through the operation and development of gold projects. The company is listed on the ASX and its activities centre on owning, operating, and expanding gold assets within Australia’s resource sector.
Average Trading Volume: 5,089,105
Technical Sentiment Signal: Buy
Current Market Cap: A$5.31B
See more insights into WGX stock on TipRanks’ Stock Analysis page.