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WGX · ASX

Westgold Resources Ltd (ASX:WGX)

AU$2.88

 -0.02 (-0.69%)
ASX:Live
06/09/2024 04:10:33 PM
Short Sold <-1 over the month HALO Small HALO Price Momentum HALO Ords HALO MQV SMALL +10
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

WGX Overview

WGX Health Scores

Short Term

Mean Reversion

Neutral

Trend

Very Weak

Event

Neutral

Halo Model

MQV

Very Weak

GARP

Very Weak

MQV Small

Very Weak

Valuation

Value

Consensus

Momentum

Price

Very Weak

Earnings

Very Weak

Growth

Earnings

Weak

Dividends

Very Weak

Quality

Capital Efficiency

Very Weak

Balance Sheet

Weak

About WGX

Telephone

Address

Description

Westgold Resources Ltd. engages in the exploration of mineral properties. It focuses on exploring gold, copper, and lead-zinc deposits. The company operates through the following geographical segments: Bryah, Murchison, and Other. The Bryah segment consists of mining, treatment, exploration, and development of gold assets in Bryah. The Murchison segment consists of mining, treatment, exploration, and development of gold assets in Murchison. The Other segment refers to exploration and development of other mineral assets and contract mining services. Westgold Resources was founded in July 1987 and is headquartered in West Perth, Australia.

WGX Price Chart

Key Stats

Market Cap

AU$2.59B

PE

14.80

EV/EBITDA

8.7

Dividends Overview

DIV Yield

.8%

Franking

100%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 1.54 - 3.08

Trade Value (12mth)

AU$2,205,867.00

1 week

-4.61%

1 month

-0.34%

YTD

36.15%

1 year

76.83%

All time high

3.08

Key Fundamentals

EPS 3 yr Growth

10.70%

EBITDA Margin

37.40%

Operating Cashflow

$352m

Free Cash Flow Return

52.80%

ROIC

14.30%

Interest Coverage

122.30

Quick Ratio

1.40

Other Data

Shares on Issue (Fully Dilluted)

482m

HALO Sector

Next Company Report Date

27-Aug-25

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

2.64

WGX Announcements

Latest Announcements

Date Announcements

06 September 24

Change in substantial holding

×

Change in substantial holding

05 September 24

Mining Commences at South Junction

×

Mining Commences at South Junction

05 September 24

Units on Issue Disclosure - August 2024 (GHH-AU)

×

Units on Issue Disclosure - August 2024 (GHH-AU)

02 September 24

Change in substantial holding

×

Change in substantial holding

29 August 24

2024 Annual General Meeting - Key Dates

×

2024 Annual General Meeting - Key Dates

29 August 24

Appendix 4E

×

Appendix 4E

29 August 24

30 June 2024 Annual Financial Report

×

30 June 2024 Annual Financial Report

29 August 24

Management Discussion and Analysis Q4 2024

×

Management Discussion and Analysis Q4 2024

29 August 24

FY24 Financial Results significant growth across key metrics

×

FY24 Financial Results significant growth across key metrics

29 August 24

FY24 Full Year Results Presentation

×

FY24 Full Year Results Presentation

28 August 24

Becoming a substantial holder from MS

×

Becoming a substantial holder from MS

28 August 24

Change in substantial holding from MUFG

×

Change in substantial holding from MUFG

27 August 24

Becoming a substantial holder from MUFG

×

Becoming a substantial holder from MUFG

26 August 24

Investor Update Webcast - FY24 Financial Results

×

Investor Update Webcast - FY24 Financial Results

26 August 24

Ceasing to be a substantial holder from MUFG

×

Ceasing to be a substantial holder from MUFG

26 August 24

Becoming a substantial holder

×

Becoming a substantial holder

23 August 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

22 August 24

Change in substantial holding from MUFG

×

Change in substantial holding from MUFG

22 August 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

21 August 24

Outstanding Drill Results From Fletcher Zone At Beta Hunt

×

Outstanding Drill Results From Fletcher Zone At Beta Hunt

21 August 24

Ceasing to be a substantial holder from MS

×

Ceasing to be a substantial holder from MS

20 August 24

Change in substantial holding

×

Change in substantial holding

16 August 24

Becoming a substantial holder from MS

×

Becoming a substantial holder from MS

16 August 24

Becoming a substantial holder from MUFG

×

Becoming a substantial holder from MUFG

16 August 24

Westgold Declares Maiden South Junction Ore Reserve- Updated

×

Westgold Declares Maiden South Junction Ore Reserve- Updated

WGX Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock -0.25 0.02 0.20 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock -0.25 0.02 0.20 Lock Lock Lock
     Growth % Lock Lock Lock Lock -239.4 108.3 853.1 Lock Lock Lock
     PE X Lock Lock Lock Lock 7.3 42.1 14.8 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 1.8 3.3 8.7 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.45 0.35 0.59 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.03 0.06 0.20 Lock Lock Lock
     Growth % Lock Lock Lock Lock -24.1 -21.6 67.7 Lock Lock Lock
     Yield % Lock Lock Lock Lock -2.8 4.1 8.5 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.9 0.7 0.8 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 11 Lock Lock Lock
BPS $ Lock Lock Lock Lock 1.24 1.26 1.46 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.24 1.26 1.46 Lock Lock Lock
     Growth % Lock Lock Lock Lock -13.4 1.8 15.6 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 439 475 481 Lock Lock Lock
Basic m Lock Lock Lock Lock 439 474 474 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 648 657 716 Lock Lock Lock
     Growth % Lock Lock Lock Lock 13.4 1.4 9.1 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 12 17 27 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 26 24 154 Lock Lock Lock
     Growth % Lock Lock Lock Lock -77.5 -7.5 544.2 Lock Lock Lock
     Margin % Lock Lock Lock Lock 4.0 3.6 21.5 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 96 96 78 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 211 163 268 Lock Lock Lock
     Growth % Lock Lock Lock Lock -14.7 -22.8 65.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 32.5 24.7 37.4 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 194 155 140 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 16 8 128 Lock Lock Lock
     Growth % Lock Lock Lock Lock -84.5 -51.9 1,514.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 2.5 1.2 17.9 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock -160 14 137 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock -49 4 42 Lock Lock Lock
Net Income $m Lock Lock Lock Lock -111 10 95 Lock Lock Lock
     Growth % Lock Lock Lock Lock -244.8 109.0 852.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock -17.2 1.5 13.3 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 180 168 352 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 206 160 273 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -201 -158 -266 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 53 -17 -26 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -8 28 103 Lock Lock Lock
     Growth % Lock Lock Lock Lock -124.5 430.1 271.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock -0.0 0.0 0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 183 176 236 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 869 857 1,085 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 20 12 31 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -140 -149 -181 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 282 258 393 Lock Lock Lock
Equity $m Lock Lock Lock Lock 588 598 692 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 608 610 723 Lock Lock Lock
     Growth % Lock Lock Lock Lock -3.4 0.3 18.6 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock -12.8 1.2 8.8 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -18.9 1.7 13.8 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 2.6 1.3 18.7 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock -18.0 1.6 14.3 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 29.1 27.7 52.8 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 418.5 96.4 122.3 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.7 -0.9 -0.7 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -23.8 -24.9 -26.2 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 2.4 2.6 1.7 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.6 1.8 1.4 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 62.3 63.8 72.7 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 145.1 157.4 188.9 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 88.8 94.0 104.6 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 8.0 7.1 7.3 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 3.8 3.9 5.2 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 7.4 4.5 9.5 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.7 0.8 0.7 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.7 0.8 0.7 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock -24.7 2.1 19.1 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock -18.4 1.6 12.6 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 0.0 28.3 30.5 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock -12.8 1.2 8.8 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.5 1.4 1.6 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock -18.9 1.7 13.8 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 88.8 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -18.9 1.7 12.2 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 45.6 51.6 50.1 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 4.1 3.9 3.5 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 49.7 55.5 53.6 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 25.5 22.2 32.2 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 24.1 33.3 21.4 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

.8%

Franking Level

100%

DPSg

N/A

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

2.64%

Value ($M)

76

Prior Change

-0.30%

7 Day Change

-1.20%

1 Month Change

-5.40%

3 Month Change

-7.30%

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WGX Shortsell

Frequently Asked Questions

The current share price of Westgold Resources Ltd (WGX:ASX) is AU$2.88.
The 52-week high share price for Westgold Resources Ltd (WGX:ASX) is AU$3.08.
The 52-week low share price for Westgold Resources Ltd (WGX:ASX)? is AU$1.54.
The current TTM dividend payout for Westgold Resources Ltd (WGX:ASX) is 0.80.
The last dividend payment of Westgold Resources Ltd (WGX:ASX) is AU$0.01.
Westgold Resources Ltd (WGX:ASX) has a franking level of 100.0%.
Westgold Resources Ltd (WGX:ASX) is classified in the Mining.
The current P/E ratio for Westgold Resources Ltd (WGX:ASX) is 14.80.