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Westgold Resources (AU:WGX)
ASX:WGX
Earnings Data
Report Date
Aug 27, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
-2.92Last Year’s EPS
0.09Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: 1.21%
|Next Earnings Date:Aug 27, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a company undergoing significant transformation with a major merger and expansion. While the financial position is strong and production records are being set, challenges exist in terms of integrating new operations and managing increased safety incidents. Overall, the sentiment is cautiously optimistic with a focus on future growth and operational improvements.Company Guidance
During the Q1 FY '25 earnings call for Westgold Resources (WGX.AX), the company provided optimistic guidance following a transformative quarter marked by a $1.4 billion merger with Karora Resources. Westgold achieved a record gold production of 77,369 ounces, and despite the merger costs of $153 million, they maintained a strong cash position over $100 million, without drawing on their debt facilities. The company anticipates full-year production guidance of 400,000 to 420,000 ounces at an all-in sustaining cost of $2,000 to $2,300 per ounce. They reported an increased female workforce participation from 12.5% to 14.6% and a total recordable injury frequency rate of 7.37 injuries per million hours worked. The leadership emphasized their strategy to enhance operational efficiency and capitalize on growth opportunities, projecting significant contributions from the Polar Star Lode and the Beta Hunt Fletcher zone in the second half of FY '25.Transformational Merger and Expansion
Completed a $1.4 billion merger with Karora Resources, doubling the business in scale. Commenced trading on the TSX and joined the S&P/ASX 200, integrating operations to deliver the highest gold production yet at 77,000 ounces.
Strong Financial Position
Opened the quarter with $263 million in cash, bullion, and liquid investments. Closed the quarter with over $100 million without drawing down on the debt facility, remaining unhedged and debt-free.
Record Gold Production
Achieved record gold production of 77,369 ounces during the quarter.
Increased Workforce Diversity
Female participation in the workforce increased from 12.5% to 14.6%.
Exploration and Growth Opportunities
Invested $14 million in exploration. South Junction and Beta Hunt Fletcher zone identified as key growth opportunities.
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AU:WGX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AU:WGX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | AU$2.47 | AU$2.53 | +2.43% |
| Nov 14, 2024 | AU$2.67 | AU$2.71 | +1.50% |
| Aug 28, 2024 | AU$2.92 | AU$2.88 | -1.37% |
| Feb 28, 2024 | AU$1.83 | AU$1.94 | +5.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Westgold Resources (AU:WGX) report earnings?
Westgold Resources (AU:WGX) is schdueled to report earning on Aug 27, 2025, TBA Not Confirmed.
What is Westgold Resources (AU:WGX) earnings time?
Westgold Resources (AU:WGX) earnings time is at Aug 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Westgold Resources stock?
The P/E ratio of Westgold Resources is N/A.
What is AU:WGX EPS forecast?
AU:WGX EPS forecast for the fiscal quarter 2025 (Q4) is -2.92.
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