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Westgold Resources ( (AU:WGX) ) has shared an announcement.
Westgold Resources Limited has announced its FY26 guidance, projecting an increase in group mine and milling outputs, which is expected to deliver improved free cash flow. The company plans to invest significantly in its Bluebird-South Junction and Great Fingall mines, with a production target of 345,000 to 385,000 ounces at an all-in sustaining cost (AISC) of $2,600 to $2,900 per ounce. Westgold is leveraging its expanded scale to optimize operations, aiming for enhanced shareholder returns and a robust balance sheet, with a clear path to organic growth.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$3.20 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 optimizing its largest mines and mills to enhance free cash flow. It operates primarily in the gold mining industry, with a market focus on increasing production and efficiency through strategic investments in its mining operations.
Average Trading Volume: 5,298,748
Technical Sentiment Signal: Buy
Current Market Cap: A$2.49B
See more insights into WGX stock on TipRanks’ Stock Analysis page.