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WGX · ASX

Westgold Resources Ltd (ASX:WGX)

AU$2.56

 -0.06 (-2.29%)
ASX:Live
26/07/2024 04:10:15 PM
Hammer Bearish HALO Small HALO Ords HALO MQV SMALL HALO MQV +7
Consensus Score
/10
Recommend
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Target Price
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WGX Overview

WGX Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Weak

GARP

Very Weak

MQV Small

Very Weak

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Neutral

Growth

Earnings

Very Weak

Dividends

Very Strong

Quality

Capital Efficiency

Weak

Balance Sheet

Weak

About WGX

Website

Westgold Resources Ltd

Telephone

61.8.9462.3400

Address

Level 6 200 Street Georges Terrace Perth, Western Australia (WA) 6000

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$1.29B

PE

42.10

EV/EBITDA

3.3

Dividends Overview

DIV Yield

.7%

Franking

100%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 1.35 - 2.79

Trade Value (12mth)

AU$1,586,416.00

1 week

-1.87%

1 month

4.38%

YTD

23%

1 year

53.22%

All time high

2.98

Key Fundamentals

EPS 3 yr Growth

-75.600%

EBITDA Margin

24.80%

Operating Cashflow

$168m

Free Cash Flow Return

27.70%

ROIC

1.60%

Interest Coverage

96.40

Quick Ratio

1.80

Other Data

Shares on Issue (Fully Dilluted)

480m

HALO Sector

Mining

Next Company Report Date

28-Aug-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

9.36

WGX Announcements

Latest Announcements

Date Announcements

25 July 24

Court Approves Plan of Arrangement

×

Court Approves Plan of Arrangement

23 July 24

Change in substantial holding

×

Change in substantial holding

22 July 24

Karora Shareholders Vote In Favour of Westgold Transaction

×

Karora Shareholders Vote In Favour of Westgold Transaction

18 July 24

Corporate Update

×

Corporate Update

18 July 24

FIRB Approval Received

×

FIRB Approval Received

17 July 24

Becoming a substantial holder

×

Becoming a substantial holder

16 July 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

15 July 24

Glass Lewis Recommends Karora Shareholders Vote For Merger

×

Glass Lewis Recommends Karora Shareholders Vote For Merger

12 July 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

12 July 24

Becoming a substantial holder

×

Becoming a substantial holder

12 July 24

Change in substantial holding

×

Change in substantial holding

09 July 24

ISS Recommends Karora Shareholders Vote For Merger

×

ISS Recommends Karora Shareholders Vote For Merger

08 July 24

TOV: WGX Panel Accepts Undertaking & Declines to Make Dec

×

TOV: WGX Panel Accepts Undertaking & Declines to Make Dec

08 July 24

Takeovers Panel Declines to Make Declaration

×

Takeovers Panel Declines to Make Declaration

08 July 24

Estimated Annual Distribution Component Information (GHH-AU)

×

Estimated Annual Distribution Component Information (GHH-AU)

08 July 24

RMS: Response to Takeovers Panel Media Release

×

RMS: Response to Takeovers Panel Media Release

04 July 24

Change in substantial holding

×

Change in substantial holding

04 July 24

Westgold builds $16M in Cash, Bullion and Liquids in Q4 FY24

×

Westgold builds $16M in Cash, Bullion and Liquids in Q4 FY24

04 July 24

Westgold Declares Second Dividend for FY24

×

Westgold Declares Second Dividend for FY24

04 July 24

Dividend/Distribution - WGX

×

Dividend/Distribution - WGX

04 July 24

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

×

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

02 July 24

South Junction Continues To Grow

×

South Junction Continues To Grow

02 July 24

Application for quotation of securities - WGX

×

Application for quotation of securities - WGX

02 July 24

Notification of cessation of securities - WGX

×

Notification of cessation of securities - WGX

02 July 24

Change of Director's Interest Notice - W. Bramwell

×

Change of Director's Interest Notice - W. Bramwell

WGX Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.18 -0.25 0.02 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.18 -0.25 0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock 109.9 -239.4 108.3 Lock Lock Lock
     PE X Lock Lock Lock Lock 9.0 7.3 42.1 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 2.4 1.8 3.3 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.59 0.45 0.35 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.08 -0.03 0.06 Lock Lock Lock
     Growth % Lock Lock Lock Lock 77.8 -24.1 -21.6 Lock Lock Lock
     Yield % Lock Lock Lock Lock 4.3 -2.8 4.1 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.0 0.9 0.7 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 1.43 1.24 1.26 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.43 1.24 1.26 Lock Lock Lock
     Growth % Lock Lock Lock Lock 15.4 -13.4 1.8 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 424 439 474 Lock Lock Lock
Basic m Lock Lock Lock Lock 423 439 474 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 571 648 654 Lock Lock Lock
     Growth % Lock Lock Lock Lock 16.0 13.4 1.0 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 11 12 17 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 115 26 22 Lock Lock Lock
     Growth % Lock Lock Lock Lock 310.1 -77.5 -16.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 20.1 4.0 3.3 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 80 96 97 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 247 211 163 Lock Lock Lock
     Growth % Lock Lock Lock Lock 52.7 -14.7 -22.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 43.2 32.5 24.8 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 140 194 155 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 106 16 8 Lock Lock Lock
     Growth % Lock Lock Lock Lock 414.7 -84.5 -51.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 18.6 2.5 1.2 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 112 -160 14 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 35 -49 4 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 77 -111 10 Lock Lock Lock
     Growth % Lock Lock Lock Lock 121.8 -244.8 109.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 13.4 -17.2 1.5 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 249 180 168 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 229 206 160 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -214 -201 -158 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -22 53 -17 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 34 -8 28 Lock Lock Lock
     Growth % Lock Lock Lock Lock 497.0 -124.5 430.1 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.1 -0.0 0.0 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 151 183 176 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 928 869 855 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 22 20 12 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -106 -140 -149 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 321 282 257 Lock Lock Lock
Equity $m Lock Lock Lock Lock 607 588 598 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 629 608 610 Lock Lock Lock
     Growth % Lock Lock Lock Lock 17.4 -3.4 0.3 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 8.3 -12.8 1.2 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 12.6 -18.9 1.7 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 17.6 2.6 1.3 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 13.2 -18.0 1.6 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 42.8 29.1 27.7 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock N/A 418.5 96.4 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.4 -0.7 -0.9 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -17.4 -23.8 -24.9 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.9 2.4 2.6 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.4 1.6 1.8 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 67.7 62.3 63.8 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 210.9 145.1 157.4 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 77.7 88.8 93.6 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 8.9 8.0 7.1 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 5.5 3.8 3.9 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 7.8 7.4 4.5 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.6 0.7 0.8 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.6 0.7 0.8 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 19.6 -24.7 2.1 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 12.1 -18.4 1.6 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 31.4 N/A 28.3 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 8.3 -12.8 1.2 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.5 1.5 1.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 12.6 -18.9 1.7 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 12.6 -18.9 1.7 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 41.2 45.6 51.6 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 4.7 4.1 3.9 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 45.9 49.7 55.5 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 30.6 25.5 22.7 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 15.3 24.1 32.8 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

.7%

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

9.36%

Value ($M)

119

Prior Change

-0.20%

7 Day Change

-0.20%

1 Month Change

-0.50%

3 Month Change

2.10%

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WGX Shortsell

Frequently Asked Questions

The current share price of Westgold Resources Ltd (WGX:ASX) is AU$2.56.
The 52-week high share price for Westgold Resources Ltd (WGX:ASX) is AU$2.79.
The 52-week low share price for Westgold Resources Ltd (WGX:ASX)? is AU$1.35.
The current TTM dividend payout for Westgold Resources Ltd (WGX:ASX) is 0.70.
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 42.10.
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