WESTGOLD RESOURCES LIMITED (WGX)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

WGX

WGX - WESTGOLD RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.29
Index: ASX200 | ASX300 | ALL-ORDS

Westgold Resources is an Australian gold producer and explorer with several mining and processing operations in Western Australia. It has been listed since 2016.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.44

29 Aug
2025

0.030

OPEN

$3.50

0.88%

HIGH

$3.50

5,971,514

LOW

$3.33

TARGET
$3.65

+0.10 change from previous day

 6.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . ADT . ALK . AMI . ASL . AUC . AUE . BC8 . BEZ . BGL . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . EMR . EVN . EVR . FFM . FFM . GGP . GMD . GOR . GPR . HGO . HRZ . IGO . KCN . KGL . MAU . MEI . MEK . MM8 . MML . NEM . NST . NVA . OBM . PDI . PNR . PRU . RMS . RRL . RSG . RXL . RXR . SBM . SMI . STM . STN . SVL . TBR . TCG . TRE . TTM . USL . VAU . WAF . WIA . WMX .
FNARENA'S MARKET CONSENSUS FORECASTS
WGX: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 3.9 47.0 xxx
DPS (cps) xxx 3.0 5.1 xxx
EPS Growth xxx - 80.9% 100.0% xxx
DPS Growth xxx 33.3% 68.3% xxx
PE Ratio xxx N/A 7.3 xxx
Dividend Yield xxx N/A 1.5% xxx
Div Pay Ratio(%) xxx 77.9% 10.7% xxx

Dividend yield today if purchased 3 years ago: 3.19%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.87

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 11/07 - ex-div 1.25c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx3.9
DPS All xxxxxxxxxxxxxxx3.0
Sales/Revenue xxxxxxxxxxxxxxx1,360.3 M
Book Value Per Share xxxxxxxxxxxxxxx208.8
Net Operating Cash Flow xxxxxxxxxxxxxxx357.0 M
Net Profit Margin xxxxxxxxxxxxxxx2.55 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx2.61 %
Return on Invested Capital xxxxxxxxxxxxxxx2.54 %
Return on Assets xxxxxxxxxxxxxxx1.62 %
Return on Equity xxxxxxxxxxxxxxx2.61 %
Return on Total Capital xxxxxxxxxxxxxxx12.24 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx100.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx100 M
Long Term Debt xxxxxxxxxxxxxxx47 M
Total Debt xxxxxxxxxxxxxxx147 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx240 M
Price To Book Value xxxxxxxxxxxxxxx1.37

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx293.6 M
Capex % of Sales xxxxxxxxxxxxxxx21.58 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,131 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx54 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx46 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

08/08/2025

1

Buy

$3.50

1.74%

Westgold Resources' FY26 production guidance of 345-385koz fell short of Ord Minnett's estimate but was in line with the consensus. The guidance includes 15-30koz of purchased ore.

The cost and capex guidance broadly met the broker's forecasts, though capex outlook was above the consensus estimate.

The broker has an improved production outlook for FY27-28, with FY28 forecast 31% higher than FY26 estimate.

EPS forecast for FY25 cut on lower gold sales. Buy. Target price $3.50.

FORECAST
Ord Minnett forecasts a full year FY26 dividend of 6.50 cents and EPS of 45.30 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Petra Capital

26/06/2025

1

Buy

$4.74

37.79%

Petra Capital highlights Westgold Resources' acquisition of Karora Resources has paid dividends, with an initial mineral resource estimate for the Fletcher zone at the Beta Hunt mine. The 31Mt resource is effectively a doubling of the resource.

The broker notes there is potential for the resource to triple to 90Mt, with the company now doing an accelerated drilling program.

Buy. Target price $4.74, incorporating the increased resource.

FORECAST
Petra Capital forecasts a full year FY26 dividend of 10.00 cents and EPS of 59.80 cents.
Access Extra Coverage Research History >

WGX STOCK CHART

FNArena News on WGX

1
FNArena Corporate Results Monitor – 29-08-2025

Aug 29 2025 - Australia
2
Australian Broker Call *Extra* Edition – Aug 14, 2025

Aug 14 2025 - Daily Market Reports
3
Rudi’s View: Aussie Broadband, oOh!media, Paladin Energy, Seek, Xero & More

Jul 17 2025 - Rudi's View
4
Rudi’s View: Gold stocks & Miners, DigiCo, Pinnacle & More

Jul 10 2025 - Rudi's View
5
In Case You Missed It – BC Extra Upgrades & Downgrades – 27-06-25

Jun 27 2025 - Weekly Reports

Latest Gold & Silver News

1
Trend Remains Positive For Newmont Corp

Aug 19 2025 - Technicals
2
Aurelia Metals’ Shift To Copper Excites

Jul 11 2025 - Commodities
3
Plenty Of Potential For Greatland Resources

Jul 04 2025 - Commodities
4
Evolution’s Pullback An Opportunity?

Jul 01 2025 - Technicals
5
Silver Is On the Move

Jun 10 2025 - Technicals
6
De Grey Offsets Northern Star’s Production Doubt

May 05 2025 - Commodities
7
Evolution Mining Outperforming, Too Much

Apr 17 2025 - Australia
8
Favourite ASX-Gold Exposures

Apr 09 2025 - Commodities
9
The Risk For Gold Heading Into A Tariff Storm

Mar 26 2025 - Technicals
10
Northern Star Has Broken Out

Mar 18 2025 - Technicals