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Westgold Resources
(Sydney:WGX)
Westgold Resources (WGX) vs. iShares MSCI Australia ETF (EWA)
Westgold Resources Business Overview & Revenue Model
Westgold Resources Earnings Call Summary
Westgold Resources Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.36B | 1.36B | 716.47M | 654.37M | 647.58M | 571.17M |
| Gross Profit | 234.75M | 234.75M | 156.98M | 21.65M | 25.87M | 114.99M |
| EBITDA | 498.15M | 498.15M | 279.25M | 170.22M | 34.49M | 252.37M |
| Net Income | 34.75M | 34.75M | 95.23M | 10.00M | -111.12M | 76.75M |
Balance Sheet | ||||||
| Total Assets | 3.21B | 3.21B | 1.05B | 854.94M | 869.41M | 928.24M |
| Cash, Cash Equivalents and Short-Term Investments | 240.25M | 240.25M | 236.04M | 176.41M | 182.70M | 150.68M |
| Total Debt | 147.26M | 147.26M | 54.61M | 27.49M | 42.96M | 45.08M |
| Total Liabilities | 1.24B | 1.24B | 360.70M | 256.60M | 281.64M | 320.88M |
| Stockholders Equity | 1.97B | 1.97B | 691.80M | 598.34M | 587.77M | 607.36M |
Cash Flow | ||||||
| Free Cash Flow | 63.45M | 63.44M | 78.65M | 8.89M | -26.61M | 20.14M |
| Operating Cash Flow | 357.04M | 357.04M | 351.74M | 168.43M | 179.86M | 249.14M |
| Investing Cash Flow | -352.47M | -352.47M | -265.64M | -158.07M | -201.01M | -213.81M |
| Financing Cash Flow | -112.00K | -112.00K | -26.47M | -16.65M | 53.17M | -22.22M |
Westgold Resources Technical Analysis
Westgold Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $6.62B | 8.15 | 28.58% | 2.39% | 36.34% | 110.55% | |
76 Outperform | AU$4.82B | 20.40 | 13.09% | ― | 130.98% | ― | |
75 Outperform | $3.47B | 10.48 | 26.84% | ― | 23.87% | 92.57% | |
73 Outperform | $3.50B | 37.86 | 14.25% | ― | 17.59% | 0.98% | |
70 Outperform | $5.39B | 148.31 | 2.43% | 0.53% | 89.86% | -81.65% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Westgold Resources Corporate Events
Westgold Resources Limited announced a change in the director’s interest, with Hon. Cheryl Edwardes AO acquiring 3,992 fully paid ordinary shares through an on-market trade, increasing her total holdings to 22,005 shares. This transaction, executed at $5.00 per share, reflects a strategic move within the company’s leadership, potentially impacting stakeholder confidence and market perception of the company’s governance and future direction.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$6.60 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Limited has announced a daily update regarding its on-market buy-back program, with a total of 25,000 ordinary fully paid securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
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.
Westgold Resources Limited has announced a change in its registered office and principal place of business to Level 13, 200 St Georges Terrace, Perth, Western Australia. This strategic move is part of the company’s ongoing efforts to streamline operations and enhance its corporate presence, potentially impacting its operational efficiency and stakeholder engagement.
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.
Westgold Resources Limited announced that it will release its September 2025 Quarterly Report on October 28, 2025. The company’s executive team, including the Managing Director & CEO, CFO, and COO, will present the results via a webcast, followed by a Q&A session, providing stakeholders with insights into the company’s recent performance and future outlook.
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.
Westgold Resources Limited has released its Annual Report for 2025, highlighting its position as a top gold producer in Australia. The report outlines the company’s financial results, annual outputs, corporate activities, and operational details, showcasing its strategic focus on expanding its mining operations and processing capabilities in key gold-producing regions. This announcement reinforces Westgold’s strong industry positioning and commitment to growth, which is likely to have positive implications for its stakeholders.
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.
Westgold Resources Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms that the company has adhered to the ASX Corporate Governance Council’s recommendations throughout the reporting period, ensuring transparency and accountability in its management practices. This announcement underscores Westgold’s commitment to maintaining high standards of corporate governance, which is crucial for investor confidence and the company’s reputation in the industry.
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.
Westgold Resources Limited has announced its upcoming Annual General Meeting, scheduled for November 21, 2025, at the Conference Centre in Perth, Western Australia. The agenda includes reviewing the company’s financial report for the year ended June 30, 2025, and voting on resolutions such as adopting the Remuneration Report and re-electing Cheryl Edwardes AO as a Director. The outcomes of these resolutions could influence the company’s governance and compensation strategies, impacting shareholder satisfaction and corporate policy.
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.
Westgold Resources Limited has updated its NI 43-101 compliant technical reports for several of its gold operations in Western Australia, including Beta Hunt, Higginsville, Meekatharra, Fortnum, and Cue. These updates are in line with the company’s previous mineral resource estimates and ore reserves announcement, with no material differences noted. The reports were prepared by qualified persons within the company, ensuring compliance with regulatory standards, and are available on the company’s website and SEDAR+.
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.
Westgold Resources Limited has released its mineral resource and ore reserve estimates, highlighting the inherent uncertainties and subjective judgments involved in such estimations. The company emphasizes that these estimates are subject to change based on various factors, including gold price fluctuations, drilling results, and potential changes in mine plans, which could impact the economic viability and operational strategies of the company.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$5.95 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources has announced a 3-Year Outlook plan to increase its annual gold production to 470,000 ounces by FY28, while reducing all-in sustaining costs. This plan is supported by existing ore reserves and processing hubs, and is fully funded by the company’s balance sheet and forecast cash flow. The strategy includes expanding processing capacity at key sites and optimizing operations to enhance margins, with potential growth opportunities being explored but not yet included in the current plan.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$5.95 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Limited has announced that it will present its 3-Year Outlook via a webcast on October 1, 2025. This presentation, led by key executives, aims to provide insights into the company’s future plans and strategies, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$5.95 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Limited has released an investor presentation dated 15 September 2025, which provides a summary of the company’s current activities and strategic direction. The presentation is intended for informational purposes and does not constitute an offer for securities. It includes forward-looking statements that reflect management’s expectations but warns of potential risks and uncertainties that could impact future performance.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$4.60 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
New Murchison Gold Limited has commenced production at the Crown Prince Gold Mine, marking its transition from an explorer to a gold producer. The first batch of gold-bearing ore is being processed at Westgold Resources’ facility, with plans to ramp up production to 40,000 tonnes per month. This collaboration with Westgold highlights a capital-efficient model for cooperation between major mining companies and junior explorers, enhancing NMG’s industry positioning and growth potential.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Limited announced a change in the director’s interest, specifically involving Wayne Bramwell. The change involved the exercise of 323,596 vested performance rights into fully paid ordinary shares, resulting in an increase in the number of shares held. This adjustment reflects the company’s ongoing management of executive incentives and shareholdings, which could impact stakeholder perceptions of leadership alignment with shareholder interests.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Limited has announced the quotation of 992,326 ordinary fully paid securities on the Australian Securities Exchange, effective from September 2, 2025. This move is part of the company’s strategy to enhance its market presence and liquidity, potentially impacting its operational capabilities and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Limited has announced a substantial increase in its Mineral Resource Estimate and Ore Reserves as of June 2025, with a 24% growth in gold resources to 16.3 million ounces and a 5% increase in ore reserves to 3.5 million ounces. This growth is attributed to significant investments in exploration and resource development, including a $43 million investment in FY25. The company plans to continue its focus on organic growth and resource conversion, aiming to sustain its operations and generate long-term cash flow over a 10-year reserve life.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Ltd, a prominent ASX200 gold producer, operates primarily in Western Australia, focusing on exploration, development, and operation of gold mines. The company recently expanded its portfolio through a merger with Karora Resources, enhancing its position in the Southern Goldfields and Murchison regions.
Westgold Resources Limited has announced that its Annual General Meeting will take place on November 21, 2025, in Perth, Western Australia. The company has outlined key dates for director nominations and will provide further details in an upcoming notice. This meeting is significant for stakeholders as it will address important governance issues and potentially influence the company’s strategic direction.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$5.25 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Limited announced record financial results for FY25, with a 90% increase in revenue to $1,360 million and an 84% rise in adjusted EBITDA to $498 million, despite a decrease in net profit due to one-off transaction costs. The company’s strategic acquisition of Southern Goldfields contributed significantly to its record gold production of 326,000 ounces, supporting a robust financial performance and enabling increased dividends and a potential share buy-back program.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$5.25 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
Westgold Resources Limited has declared a final dividend of 3 cents per share for FY25 and announced an on-market share buy-back program of up to 5% of its ordinary shares over the next 12 months. This move is part of an enhanced capital management strategy, reflecting the company’s confidence in its ability to generate future cash flows and increase shareholder value. The company achieved record gold production in FY25 and plans to enhance its dividend policy in FY26, indicating a strong financial position and commitment to shareholder returns.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$5.25 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.