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WGX - Westgold Resources Share Price

A$2.04 0.1  2.8%

Last Trade - 5:10am

Sector
Basic Materials
Size
Mid Cap
Market Cap £474.1m
Enterprise Value £405.8m
Revenue £318.5m
Position in Universe 307th / 1835
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -17.5%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -33.4%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
232.8 304.7 307 276.8 418.3 492.3 642.8 713.3 +16.2%
-26.5 -99.1 +7,470 +1.6 +272.7 +32.5
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 31 December 2020, WestgoldResources Ltd revenues increased 32% to A$301.8M. Netincome increased from A$9.7M to A$47.5M. Revenues reflectCue Gold Operations segment increase of 43% to A$99.8M,Meekatharra Gold operations segment increase of 31% toA$126.9M, Fortnum Gold Project segment increase of 23% toA$75.1M. Net income benefited from Cue Gold Operationssegment income totaling A$26.7M vs. loss of A$9.9M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Westgold Resources Limited is engaged in exploration of minerals. The principal activity of the Company is operating gold mines in Australia. The Company’s projects include Central Murchison Gold Project (CMGP), South Kalgoorlie Operations (SKO), Fortnum Gold Project (FGP), Tuckabianna Project and Rover Project. The CMGP is located in the Murchison Goldfields of Western Australia around the regional towns of Cue and Meekatharra. SKO includes the HBJ underground mine, a number of open pits and the Jubilee Mill. The FGP is located in the western Bryah Basin approximately 150 kilometers northwest of Meekatharra with approximately 1 million tone-per-annum carbon-in-leach (CIL). The Rover Project is a postulated undercover repetition of the prolific Tennant Creek goldfield located 80 kilometers to the north-east.

Directors
Last Annual June 30th, 2020
Last Interim December 31st, 2020
Incorporated July 27, 1987
Public Since December 6, 2016
No. of Shareholders: 6,282
No. of Employees: 934
Sector Basic Materials
Industry Metals & Mining
Index S&P/ASX All Ordinaries , S&P/ASX 200 , S&P/ASX 300 , ASX Small Ordinaries ,
Exchange Australian Stock Exchange - SEATS
Shares in Issue 423,855,270
Free Float (0.0%)
Eligible for
ISAs
SIPPs
WGX Share Price Performance
Share Price
Bid - Ask
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Avg Volume
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Latest News for WGX
Upcoming Events for WGX
Frequently Asked Questions for Westgold Resources
What is the Westgold Resources share price?

As of 5:10am, shares in Westgold Resources are trading at A$2.04, giving the company a market capitalisation of £474.1m. This share price information is delayed by 15 minutes.

How has the Westgold Resources share price performed this year?

Shares in Westgold Resources are currently trading at A$2.04 and the price has moved by -12.56% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Westgold Resources price has moved by -16.43% over the past year.

What are the analyst and broker recommendations for Westgold Resources?

Of the analysts with advisory recommendations for Westgold Resources, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Westgold Resources is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Westgold Resources next release its financial results?

Westgold Resources is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Westgold Resources dividend yield?

Westgold Resources does not currently pay a dividend.

Does Westgold Resources pay a dividend?

Westgold Resources does not currently pay a dividend.

When does Westgold Resources next pay dividends?

Westgold Resources does not currently pay a dividend.

How do I buy Westgold Resources shares?

To buy shares in Westgold Resources you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Westgold Resources?

Shares in Westgold Resources are currently trading at A$2.04, giving the company a market capitalisation of £474.1m.

Where are Westgold Resources shares listed? Where are Westgold Resources shares listed?

Here are the trading details for Westgold Resources:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: WGX
What kind of share is Westgold Resources?

Based on an overall assessment of its quality, value and momentum, Westgold Resources is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Westgold Resources share price forecast 2021?

Shares in Westgold Resources are currently priced at A$2.04. At that level they are trading at 53.65% discount to the analyst consensus target price of 0.00.

Analysts covering Westgold Resources currently have a consensus Earnings Per Share (EPS) forecast of 0.246 for the next financial year.

How can I tell whether the Westgold Resources share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Westgold Resources. Over the past six months, the relative strength of its shares against the market has been -15.71%. At the current price of A$2.04, shares in Westgold Resources are trading at -16.51% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Westgold Resources PE Ratio?

The Westgold Resources PE ratio based on its reported earnings over the past 12 months is 11.63. The shares are currently trading at A$2.04.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Westgold Resources?

Westgold Resources's management team is headed by:

Peter Cook - CHM
Peter Schwann - NID
Fiona Van Maanen - NID
Debra Fullarton - CEO
Anthony Buckingham - EXO
Peter Storey - GMG
Phillip Wilding - GMG
Lisa Smith - GCN
Wayne Bramwell - NID
Who are the major shareholders of Westgold Resources?

Here are the top five shareholders of Westgold Resources based on the size of their shareholding:

Van Eck Associates Corporation Investment Advisor/Hedge Fund
Percentage owned: 10.76% (45.6m shares)
LF Ruffer Gold Fund Mutual Fund
Percentage owned: 9.58% (40.6m shares)
Ruffer LLP Investment Advisor/Hedge Fund
Percentage owned: 9.1% (38.6m shares)
VanEck Vectors Gold Miners ETF Mutual Fund
Percentage owned: 5.71% (24.2m shares)
Invesco Advisers, Inc. Investment Advisor
Percentage owned: 5.01% (21.2m shares)
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