Australia's Westgold Resources gains on profit turnaround

Westgold Resources

29/02/2024 02:40

** Shares of Westgold Resources  WGX.AX  rise as much as
3.5% to A$1.915, set for their best day since Feb. 15, if gains
holds 
    ** The gold miner reports a turnaround to HY net profit
attributable of A$43.8 million ($28.5 million) from a loss of
A$11.1 million; declares an interim dividend of 1 AU cent per
share  
    ** Stock has fallen 15.1% so far this year, as of last close


($1 = 1.5363 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))