Westgold Resources (WGX) Stock Price, Fundamentals & Analysis

What WGX does

Westgold Resources (WGX) is a gold mining company listed on the ASX under the ticker WGX. It operates the Murchison and Southern Goldfields projects, covering 2,500 square kilometers in Western Australia. The company explores, develops, and runs gold mines in the region.

Key numbers explained

• 5.46 AUD is the current share price, the amount you would pay for one share on the market today.
• The +0.74% price change today shows the percentage move from the previous close.
• A trailing P/E ratio of 11.6 means the share price is 11.6 times the company's last 12 months of earnings per share; a lower number can suggest the stock is priced more conservatively relative to earnings.
• The forward P/E ratio of 7.4 uses expected future earnings, giving a sense of how the market values the company ahead of results.
• 0.47 AUD is the trailing 12-month earnings per share, showing how much profit the company generated for each share outstanding.
• The dividend yield of 1.83% is the annual dividend payment expressed as a percentage of the current share price; the ex-dividend date is Sep 15, 2026.
• A beta of 1.24 indicates the stock tends to move about 24% more than the overall market, so it is more volatile than the average.
• 5.15B AUD is the market capitalization, the total value of all outstanding shares.
• The 52-week price range of 4.24 – 8.16 shows the lowest and highest traded prices over the past year, with the current price sitting closer to the lower end.
• 22.7% is the price change over the last 52 weeks, reflecting the year-on-year return.
• Revenue growth of 61.9% year over year highlights a significant increase in top-line sales.
• 18.2% profit margin and 29% operating margin show how much of each revenue dollar remains as profit after costs.
• 20.1% return on equity indicates the company generates strong returns relative to shareholders' equity.
• The debt-to-equity ratio of 5.7% shows a very low level of debt compared to equity.
• 2.44B AUD trailing 12-month revenue and a price-to-book ratio of 2.42 round out the valuation picture.

What to watch

• Gold prices, since WGX operates in the gold mining sector and its revenue is closely tied to the spot price of gold.
• Production and cost trends at the Murchison and Southern Goldfields operations, which can affect margins.
• The upcoming earnings release on Aug 28, 2026, which will provide updated financial results and guidance.
• Broader ASX market conditions and commodity sector sentiment, which can influence investor appetite for gold stocks like WGX.
• Peer companies such as Greatland Resources (GGP), Predictive Discovery (PDI), Bellevue Gold (BGL), Fletcher Building (FBU), Regis Resources (RRL), Stanmore Resources (SMR), and Redox (RDX), which operate in similar or related sectors.