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Westgold Resources Issues New Performance Rights as Part of Employee Incentive Scheme

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Westgold Resources Issues New Performance Rights as Part of Employee Incentive Scheme

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An announcement from Westgold Resources ( (AU:WGX) ) is now available.

Westgold Resources Limited announced the issuance of unquoted equity securities in the form of performance rights, totaling 1,034,903 units, which are set to expire on June 30, 2030. This move is part of an employee incentive scheme and reflects the company’s strategic efforts to enhance employee engagement and align their interests with the company’s long-term goals.

The most recent analyst rating on (AU:WGX) stock is a Buy with a A$7.40 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. The company is listed on the Australian Securities Exchange under the code WGX and is known for its significant contributions to the gold mining sector in Australia.

Average Trading Volume: 4,886,609

Technical Sentiment Signal: Buy

Current Market Cap: A$5.76B

For a thorough assessment of WGX stock, go to TipRanks’ Stock Analysis page.

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