Westgold Resources Director Increases Shareholding

Westgold Resources ( (AU:WGX) ) has provided an update.

Westgold Resources Limited announced a change in the director’s interest, with Director David Kelly acquiring an additional 10,000 fully paid ordinary shares, bringing his total to 20,000 shares. This acquisition, conducted through an on-market trade at $2.745 per share, reflects a strategic move that could indicate confidence in the company’s future performance, potentially impacting shareholder perceptions and market positioning.

The most recent analyst rating on (AU:WGX) stock is a Buy with a A$2.80 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 operates in the mining industry, focusing primarily on gold production and exploration. The company is known for its operations in Western Australia, where it manages several gold mining projects, contributing significantly to the region’s mining output.

Average Trading Volume: 5,941,348

Technical Sentiment Signal: Buy

Current Market Cap: A$2.41B

Find detailed analytics on WGX stock on TipRanks’ Stock Analysis page.