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.

Company Guidance

In the third quarter of fiscal year 2025, Westgold Resources maintained consistent gold production with 80,107 ounces, achieving a revenue of $363 million at a realized price of $4,630 per ounce. The company reported a record operational cash build of $107 million before investing $74 million in growth and exploration. Despite a temporary increase in costs, Westgold sustained an impressive all-in sustaining cost margin of $1,800 per ounce, with costs amounting to $29 per ounce. The company's financial position was robust, ending the quarter with $232 million in cash, bullion, and liquid investments, marking an $80 million increase from the previous quarter. Westgold also secured $482 million in available liquidity, considering the undrawn capacity of its corporate facility. The quarter saw strategic divestments, including the sale of the high-cost Lakewood Mill for $85 million, comprising $70 million in cash and $15 million in script. Additionally, the company's total injury frequency rate dropped by 8% to 6.27 injuries per million hours worked, underscoring their commitment to safety. Looking ahead, Westgold reaffirmed its fiscal year 2025 guidance, anticipating significant production increases in Q4 from key projects like Beta Hunt and Bluebird-South Junction, while also working on infrastructure upgrades to enhance productivity and cost-efficiency.

Record Operational Cash Build

Westgold generated a record operational cash build of $107 million before investing $74 million in growth and exploration. The company ended the quarter with a cash bullion and liquids position of $232 million, $80 million higher than the prior quarter.

Safety Improvements

The total injury frequency rate decreased by 8% to 6.27 injuries per million hours worked.

Divestment of High-Cost Mill

Westgold divested the high-cost Lakewood Mill for a total consideration of $85 million, comprising $70 million in cash and $15 million in script.

Consistent Gold Production and Revenue

Westgold produced 80,107 ounces of gold at an all-in sustaining cost of $29 per ounce, generating $363 million in revenue at a realized price of $4,630 per ounce.

Positive Financial Position

Westgold closed the quarter with $482 million of available liquidity, including $232 million in cash bullion and liquid investments and $250 million of undrawn capacity in the corporate facility.

Notable Exploration Achievements

The Fletcher zone within Beta Hunt is progressing well, and the company is on track to produce a maiden resource for Fletcher during the quarter.

Cost Reduction Initiatives

Southern Goldfields saw a reduction in all-in sustaining costs, and the company continues to target further cost reductions across operations.

Westgold Resources (WGXRF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

WGXRF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 14, 2025	2026 (Q1)	- / -	0.018	―	―	―
Aug 28, 2025	2025 (Q4)	0.07 / <0.01	0.072	-98.17% (-0.07)	―
May 12, 2025	2025 (Q3)	- / 0.06	0.04	48.33% (+0.02)	―	―
Feb 13, 2025	2025 (Q2)	-1.92 / -0.03	0.061	-155.91% (-0.10)	―	―
Nov 14, 2024	2025 (Q1)	- / 0.02	0.03	-37.78% (-0.01)	―	―
Aug 28, 2024	2024 (Q4)	- / 0.07	0.03	142.22% (+0.04)
Feb 28, 2024	2024 (Q2)	- / 0.06	-1.549	103.96% (+1.61)		―
Aug 23, 2023	2023 (Q4)	- / 0.03	-0.198	115.00% (+0.23)
Feb 23, 2023	2023 (Q2)	- / -1.55	0.031	-5100.00% (-1.58)	―	―
Aug 25, 2022	2022 (Q4)	- / -0.20	0.045	-534.78% (-0.24)	―	―

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

WGXRF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 28, 2025	$2.28	$2.29	+0.44%
May 12, 2025	$1.76	$1.66	-5.68%
Feb 13, 2025	$1.56	$1.55	-0.64%
Nov 14, 2024	$1.69	$1.74	+2.96%

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.

FAQ

When does Westgold Resources Ltd (WGXRF) report earnings?

Westgold Resources Ltd (WGXRF) is schdueled to report earning on Nov 14, 2025, TBA (Confirmed).

What is Westgold Resources Ltd (WGXRF) earnings time?

Westgold Resources Ltd (WGXRF) earnings time is at Nov 14, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

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