Westgold Resources Ltd (AU:WGX)
OTHER OTC:WGX
WGX Stock Chart & Stats
AU$6.01
-AU$0.40(-13.65%)
At close: 4:00 PM EST
AU$6.01
-AU$0.40(-13.65%)
Day’s Range― - ―
52-Week RangeAU$2.51 - AU$8.16
Previous CloseN/A
Volume8.94M
Average Volume (3M)7.07M
Market Cap
AU$5.68B
Enterprise ValueAU$6.04B
Total Cash (Recent Filing)AU$520.58M
Total Debt (Recent Filing)AU$225.91M
Price to Earnings (P/E)8.0
Beta1.40
Next Earnings
May 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.46%
Share Statistics
EPS (TTM)0.33
Shares Outstanding944,831,540
10 Day Avg. Volume8,967,757
30 Day Avg. Volume7,073,537
Financial Highlights & Ratios
PEG Ratio-0.93
Price to Book (P/B)1.33
Price to Sales (P/S)1.92
P/FCF Ratio41.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$8.96Price Target Upside49.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.75
Revenue Forecast (FY)AU$2.56B
Bulls Say, Bears Say
Bulls Say
Robust Cash GenerationExceptionally strong free cash flow growth and high operating cash conversion indicate durable internal funding. This provides flexibility to fund sustaining and expansionary capex, reduce debt, or invest in exploration without reliance on external capital, strengthening resilience across commodity cycles.
Low Financial LeverageVery low leverage and a large equity base give the company financial flexibility. This conservative capital structure lowers refinancing and liquidity risks, supports funding of mining operations and projects during downturns, and preserves capacity for strategic M&A or capex.
Strong Revenue Growth & Operating MarginsSustained top-line growth alongside healthy EBIT and EBITDA margins shows scalable operations and effective cost control at the operating level. This supports reinvestment in mines and processing, underwriting longer-term production stability and reserve conversion initiatives.
Bears Say
Thin Net ProfitabilityA very low and declining net margin means most operating gains are absorbed by non-operating items, taxes or one-offs, limiting retained earnings. Over time this constrains free cash available for dividends, exploration, or buffering against lower gold prices.
Low Return On EquityA sub-2% ROE suggests the company is not generating strong returns on shareholder capital, potentially reflecting capital intensity or suboptimal project returns. Persistently low ROE can pressure capital allocation choices and investor support over the medium term.
Geographic Concentration RiskOperations concentrated in Western Australia expose the company to regional regulatory, environmental, and operational risks (permitting, labor, transport). Limited geographic diversification can amplify local disruptions and reduce optionality compared with more geographically diversified peers.
Westgold Resources News
WGX FAQ
What was Westgold Resources Ltd’s price range in the past 12 months?
Westgold Resources Ltd lowest share price was AU$2.51 and its highest was AU$8.16 in the past 12 months.
What is Westgold Resources Ltd’s market cap?
Westgold Resources Ltd’s market cap is AU$5.68B.
When is Westgold Resources Ltd’s upcoming earnings report date?
Westgold Resources Ltd’s upcoming earnings report date is May 18, 2026 which is in 40 days.
How were Westgold Resources Ltd’s earnings last quarter?
Westgold Resources Ltd released its earnings results on Feb 25, 2026. The company reported AU$0.332 earnings per share for the quarter, beating the consensus estimate of AU$0.28 by AU$0.052.
Is Westgold Resources Ltd overvalued?
According to Wall Street analysts Westgold Resources Ltd’s price is currently Undervalued.
Does Westgold Resources Ltd pay dividends?
Westgold Resources Ltd pays a Annually dividend of AU$0.03 which represents an annual dividend yield of 0.46%. See more information on Westgold Resources Ltd dividends here
What is Westgold Resources Ltd’s EPS estimate?
Westgold Resources Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Westgold Resources Ltd have?
Westgold Resources Ltd has 944,831,540 shares outstanding.
What happened to Westgold Resources Ltd’s price movement after its last earnings report?
Westgold Resources Ltd reported an EPS of AU$0.332 in its last earnings report, beating expectations of AU$0.28. Following the earnings report the stock price went down -2.305%.
Which hedge fund is a major shareholder of Westgold Resources Ltd?
Currently, no hedge funds are holding shares in AU:WGX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Westgold Resources Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$8.96 (49.06% Upside)
AU$8.96 (49.06% Upside)
Blogger Sentiment
Bullish
AU:WGX Sentiment 70%
Sector Average 67%
Sector Average 67%
Insider Transactions
Bought Shares
Worth $51.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
145.86%
12-Months-Change
Fundamentals
Return on Equity
12.35%
Trailing 12-Months
Asset Growth
26.13%
Trailing 12-Months
Company Description
Westgold Resources Ltd
Westgold Resources Limited engages in the exploration, operation, development, mining, and treatment of gold assets primarily in Western Australia. The company's assets include Bryah Operations, Murchison Operations, Meekatharra Gold Operations, and Cue Gold Operations that comprise approximately 350 mining titles covering 1,300 square kilometers in the Central Murchison region. It also provides contract mining services. Westgold Resources Limited is based in Perth, Australia.
WGX Company Deck
WGX Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call showcased strong financial performance with record cash build, safety improvements, and a solid liquidity position. However, challenges in the Murchison operations and increased temporary costs were noted. Overall, the company remains optimistic about future growth and cost reduction initiatives.View all AU:WGX earnings summariesWGX Stock 12 Month Forecast
Average Price Target
AU$8.96
▲(49.06% Upside)
Technical Analysis
West African Resources Ltd
―
Emerald Resources NL
―
―
Ramelius Resources Limited
―
Vault Minerals Limited
―
Options Prices
Currently, No data available
---