Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Westgold Resources ( (AU:WGX) ) just unveiled an update.
Westgold Resources director David Kelly has increased his indirect shareholding in the company via the DN & MB Kelly Superfund account. On 24 March 2026, the fund acquired 10,000 fully paid ordinary shares in an on-market trade at $5.27 per share, lifting its holding from 20,000 to 30,000 shares.
The change in Kelly’s interest signals a higher personal financial exposure to Westgold’s equity and may be read by investors as a vote of confidence in the company’s prospects. The transaction involved no disposals and did not occur during a closed trading period, underscoring that it was a routine on-market purchase under normal trading conditions.
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 gold mining company focused on exploring, developing and operating gold assets. The company’s primary products are fully paid ordinary shares listed on the ASX, reflecting investor exposure to its gold production and related activities.
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.