Westgold Resources (WGX.AX) Stock Price
Westgold Resources Price
Revenue has compounded at 58.4% per year over the past 19 years to 2.44 B AUD. Earnings per share have grown at 19.0% per year over the last 12 years. Westgold Resources's net margin stands at 18.2%, up from -17.2% several years earlier. Westgold Resources currently offers a dividend yield of about 0.60%. The payout ratio is around 47% of earnings. The dividend has grown at 8.4% per year over the past 5 years. Analysts set a median price target of 8.52 AUD, implying 70.2% above the current price. Of 9 analysts, 8 rate the stock a buy — an overall Buy consensus.
Westgold Resources stock price
Westgold Resources business model & stock analysis
Frequently asked questions about Westgold Resources
The business model of Westgold Resources Ltd focuses on gold exploration, development, production, and sale. As a leading Australian gold mining company, Westgold Resources Ltd actively operates four gold projects located in Western Australia. They utilize modern mining techniques and state-of-the-art technology to extract gold from their mining operations. With a strong track record of successful gold production and a commitment to sustainable mining practices, Westgold Resources Ltd strives to optimize shareholder value by efficiently leveraging their expertise and resources in the gold mining industry.
Westgold Resources Ltd is primarily active in the mining and exploration industry.
The main competitors of Westgold Resources Ltd in the market are Newmont Corporation, Evolution Mining Limited, and Northern Star Resources Limited.
Westgold Resources Ltd is an Australian gold mining company, founded in 1987. With its headquarters in Western Australia, the company is primarily engaged in exploration, development, and production of gold. Westgold Resources Ltd operates several projects, including the Meekatharra Gold Operation, Cue Gold Operation, and Fortnum Gold Project. Over the years, the company has shown significant growth and profitability, positioning itself as a prominent player in the gold mining industry. Westgold Resources Ltd continues to focus on optimizing its mining operations, implementing sustainable practices, and maximizing shareholder value.
Westgold Resources Ltd has achieved several significant milestones. The company successfully expanded its operations and acquired three major projects, including the Higginsville Gold Operations, Fortnum Gold Project, and Cue Gold Operations. It has strengthened its position in the gold mining industry by increasing its reserves and resources, demonstrating its commitment to long-term growth and profitability. Westgold Resources Ltd has also demonstrated operational excellence by consistently achieving production targets and optimizing its processing plants. Furthermore, the company has maintained strong financial performance and has effectively managed costs. These milestones highlight Westgold Resources Ltd's continuous growth and success in the mining sector.
Westgold Resources Ltd is primarily present in Western Australia.
Westgold Resources Ltd represents a strong commitment to responsible mining practices and sustainable development. The company adheres to high standards of safety, environmental stewardship, and community engagement. Westgold Resources aims to create value for its stakeholders through efficient operations, strategic growth, and maximizing the potential of its mineral resources. With a focus on operational excellence and delivering consistent results, Westgold Resources is dedicated to creating long-term value and sustainable returns for shareholders.
Analysts currently set an average price target of 8.70 AUD for the Westgold Resources stock (median: 8.52 AUD), implying +73.8 % versus the latest price. The consensus is based on 9 analyst ratings.
9 analysts currently rate the Westgold Resources stock: 8 recommend buying, 1 holding and 0 selling.
Converted at the current exchange rate, the Westgold Resources share trades at 3.12 EUR (5.01 AUD).
The Westgold Resources share (WGX.AX) is listed on 6 stock exchanges, including: SIX (Zürich) (0W2.SW), ASX (WGX.AX), Frankfurt (0W2.F), München (0W2.MU), Düsseldorf (0W2.DU).
Westgold Resources Ltd is an Australian company primarily engaged in the gold and copper industry. The company's business model is based on exploration, development, and production of high-quality gold and copper resources in Australia. The company operates several mines in Western Australia, including the Cue Gold Operations, the South Kalgoorlie Operations, and the Meekatharra Gold Operations. The Cue Gold Operations are the flagship project of the company and encompass several underground and open pits containing high-grade gold deposits. Westgold Resources Ltd also has a copper mine called Tuckabianna near the town of Meekatharra in Western Australia. The mine produces both copper concentrates and gold bars. The company also has a pipeline of exploration projects aimed at supporting future growth. These include projects such as the Big Bell Underground and the Central Murchison Gold Projects. Westgold Resources Ltd is also a major player in Australian gold production. The company produces several hundred thousand ounces of gold each year and is among the top 10 gold producers in Australia. The products of Westgold Resources Ltd are gold bars and copper concentrates. The company also produces other products such as silver bars, which are a by-product of gold production. The business model of Westgold Resources Ltd is based on a strong operating platform, superior technology, and an experienced management team. In recent years, the company has expanded its production capacity to meet the increasing demand for gold and copper. Westgold Resources Ltd aims to optimize its resources and increase profitability. The company is working to reduce its production costs and maximize its production performance to provide stable returns to its shareholders. The company also has a sustainable business strategy aimed at minimizing the environmental impact of its mining operations and maximizing the social and economic benefits to local communities. In summary, Westgold Resources Ltd is a leading Australian company in the gold and copper industry. The company has a diversified portfolio of operating and exploration projects, as well as a strong operating platform and experienced management team. With its sustainable business strategy, the company is well-positioned for the future.
The revenue of Westgold Resources is 2.44 B AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of Westgold Resources is 443.45 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Westgold Resources is currently 10.82. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Westgold Resources stock.
The price-to-sales ratio (P/S) of Westgold Resources is currently 1.97. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Westgold Resources stock.
The Eulerpool Quality Score for Westgold Resources is 6/10.
The ISIN of Westgold Resources is AU000000WGX6. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Westgold Resources is A2DGZ7. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Westgold Resources is WGX.AX. The ticker symbol is used to trade Westgold Resources shares on the stock exchange.
Westgold Resources stock
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All fundamentals and in-depth analysis of Westgold Resources
Our stock analysis for Westgold Resources stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Westgold Resources. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.