Westgold Resources Limited (WGX) - Research

$1.445
Prices as at 15:35, 22 Apr 2019

WGX Current Share Price+

Current Price $1.445
Open $1.425
High $1.455
Low $1.415
Last Close $1.445
Volume 752778
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

WGX General Information

Westgold Resources Limited
WGX
http://www.westgold.com.au
Gold
562
389

WGX Company Overview

Business Description

Westgold Resources Limited's (WGX) key objective is to build itself as a major player in the Australian gold sector as a pure-play gold producer. Westgold currently owns four operating gold projects. All are located in the prolific gold production belts of Western Australia. Westgold has commissioned and operates four production facilities in Western Australia, the Murchison Gold Operations, Fortnum Gold Project, Higginsville Gold Operations and the recently started Cue Gold Operations.

WGX Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 0.00 14.30 0.00% 10.10 0.00 0.00% 0.0%
2019 F 0.00 -5.20 0.00% 0.00 0.00 0.00% 0.0%
2018 A -38.83 -11.40 0.00% 0.00 0.00 0.00% 0.0%

WGX Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Evolution Mining (EVN) $5,668M 0.0966 -0.1032 0.3842 21.9592 24.4868 17.6907 2.25% 2.09% 2.83%
Newcrest Mining (NCM) $19,327M 0.1059 0.3398 -0.0407 33.1750 24.7612 25.8108 1.00% 1.13% 1.20%
Northern Star Resources (NST) $5,538M 0.0211 0.3768 0.6698 27.4921 19.9677 11.9580 1.10% 1.60% 2.02%
Regis Resources (RRL) $2,473M 0.2450 -0.0448 0.2310 14.1776 14.8430 12.0574 3.29% 3.51% 4.54%
Westgold Resources (WGX) $554M 0.0000 0.0000 0.0000 0.0000 0.0000 9.9860 0.00% 0.00% 0.00%

WGX Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 1.29 0.00
Market 0.67 14.50 1.21 1.11
Sector 1.51 13.10 1.33 0.66

WGX Directors

Name Position Start Date
Mr Johannes (Steve) Stig Norregaard Executive Director 29 Dec 2016
Mr Peter Gerard Cook Managing Director 19 Mar 2007
Mr Peter John Newton Non-Executive Chairman, Non-Executive Director 6 Oct 2016
Mr Peter Bernard Schwann Non-Executive Director 2 Feb 2017
Mrs Fiona Jayne Van Maanen Non-Executive Director 6 Oct 2016
Mr Suresh Shet Non-Executive Director 19 Dec 2017

WGX Management

Name Position
DA Fullarton Chief Financial Officer
PD Hucker Chief Operating Officer - Eastern Goldfields
David Okeby Company Secretary

WGX Substantial Shareholders

Holding Name
37,276,412 (10.27%) Ruffer LLP
36,000,000 (9.91%) Golden Energy and Resources Limited
27,953,786 (7.70%) APAC Resources Ltd
18,295,379 (5.04%) Van Eck Associates Corporation

WGX Calendar of Events

Date Event
13 April 2020 Report (Quarterly)
27 February 2020 Report (Interim)
28 January 2020 Report (Quarterly)
25 October 2019 Report (Annual)
24 October 2019 Report (Quarterly)
30 August 2019 Report (Prelim)
22 July 2019 Report (Quarterly)
29 April 2019 Report (Quarterly)

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