Subscribe Now   -   Standard: only $199 per year   or   Premium: only $299 per year  -   Click Here

Westgold Resources Ltd

www: www.westgold.com.au   email: reception@westgold.com.au
Category: Mid-tier Producer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data

Click for
TradingView
chart

Symbol Data

Symbol Currency
ASX:WGX AUD
OTCMKTS:WGXRF USD
TSE:WGX CAD

Description

Westgold Resources Ltd are a gold focused mid-tier producer with two producing mines in Australia and USA, one mine in development in Australia and four exploration properties. Currently they produce roughly 365koz. of gold per year. They have approximately 12Moz. of gold in the reserves and resources category of which 8Moz. are in the measured and indicated category. They have a market capitalisation of ~A$3467.79M which is a rise of roughly 88% over the last two months. As of 08/13/2025 they have ~A$32M debt and ~A$236.56M cash. They have 943M shares outstanding and trade on

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 08/13/2025
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
MCap (FD): $1,843.77M $3,467.79M 08/13/2025 $1,624.02M
MCap (OS): $1,826.56M $3,435.41M 08/13/2025 $1,608.85M
Total Assets: $424.58M $422.43M 08/13/2025 $-2.15M
Total Liabilities: $150.24M $149.48M 08/13/2025 $-0.76M
Current Assets: $237.76M $236.56M 08/13/2025 $-1.20M
Current Liabilities: $70.55M $70.19M 08/13/2025 $-0.36M
Total Debt: $32.66M $32.49M 08/13/2025 $-0.17M
Cash: $237.76M $236.56M 08/13/2025 $-1.20M
Debt (Net): $-205.10M $-204.07M $1.04M
Enterprise Value: $1,638.67M $3,263.73M 06/03/2073 $1,625.06M
Cash Flow: $348.53M $688.20M never $339.67M
Cash Flow Multiple: 5.29 5.04 never -0.25
Net Debt to
Cash Flow Ratio:		 n/a n/a never 0.00
Finance within 1 year: 08/13/2025 n/a
Misc 08/13/2025
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 943,109,690 943,109,690 08/13/2025 0
Shares (FD): 952,000,000 952,000,000 08/13/2025 0
Insider Ownership: n/a n/a never n/a
Dividend (Annual): n/a n/a 09/30/2025 n/a
Company Type: Mostly Gold Mostly Gold never n/a
Group: Producer Producer never n/a
Production ETA: n/a n/a 08/13/2025 n/a
Production (Gold Eq Oz.): (guess) 
365,000		 (guess) 
365,000		 09/04/2025 0
Production (Silver Eq Oz.): (guess) 
31,955,407		 (guess) 
30,673,655		 09/04/2025 -1,281,752
Development Phase: none Producer (Single Mine) 09/04/2025 n/a
Optionality Play: none No
F
U
T
U
R
E		 % of Spot: 20
Producer: Growth Potential
 20
Producer: Growth Potential
 08/15/2024 0
Cash Flow Multiple: 15 18 09/30/2025 3.00

Resource Data

GOLD 08/13/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 3.20M 3.20M 08/13/2025 0.00M
Measured & Indicated: 8.00M 8.00M 08/13/2025 0.00M
Inferred: 4.00M 4.00M 08/13/2025 0.00M
Reserves & Resources: 12.00M 12.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 2.88M 2.88M 08/13/2025 0.00M
Measured & Indicated: 6.34M 6.34M 08/13/2025 0.00M
Inferred: 1.80M 1.80M 08/13/2025 0.00M
Reserves & Resources: 8.14M 8.14M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
365,000oz.		 (guess) 
365,000oz.		 09/04/2025 0oz.
Cash Cost: $1,650 $1,700 08/28/2025 $50.00
Extra Operating Cost: $750 $750 08/13/2025 $0.00
Total: $2,400 $2,450 08/28/2025 $50.00
Margin (Free Cash Flow): $955 (28%) $1,885 (43%) $930.61
MCap / Production (AuEq): $5,051.44 $9,500.81 $4,449.37
EV / Production (AuEq): $4,489.51 $8,941.72 $4,452.22
G
R
A
D
E		 Underground (Avg): 2.30 g/t 2.30 g/t 08/13/2025 n/a
Open Pit (Avg): n/a n/a 02/03/2024 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 09/30/2025 0.00%
F
U
T
U
R
E		 Proven & Probable: 10.00M 10.00M 08/13/2025 0.00M
Annual Production: 500,000oz. 470,000oz. 09/30/2025 -30,000oz.
Cash Cost: $1,750 $1,750 08/28/2025 $0
Extra Operating Cost: $750 $750 08/13/2025 $0
SILVER 08/13/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 08/13/2025 0.00M
Measured & Indicated: n/a n/a 08/13/2025 0.00M
Inferred: n/a n/a 08/13/2025 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 08/13/2025 0.00M
Measured & Indicated: n/a n/a 08/13/2025 0.00M
Inferred: n/a n/a 08/13/2025 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 08/13/2025 $0.00
Extra Operating Cost: n/a n/a 08/13/2025 $0.00
Total: n/a n/a 08/13/2025 $0.00
Margin (Free Cash Flow): n/a $0.00
MCap / Production (AgEq): $57.70 $113.05 $55.36
EV / Production (AgEq): $51.28 $106.40 $55.12
G
R
A
D
E		 Underground (Avg): n/a n/a 08/13/2025 n/a
Open Pit (Avg): n/a n/a 02/03/2024 n/a
Recovery Rate: n/a n/a 08/13/2025 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 08/13/2025 0.00M
Annual Production: n/a n/a 08/13/2025 n/a
Cash Cost: n/a n/a 08/13/2025 n/a
Extra Operating Cost: n/a n/a 08/13/2025 n/a

Property

Last Analysis Data  (08/13/2025)
Stage Name Owned
%		 NPV
$M		 IRR
%		 CapEx
$M		 Au Ag Cu Notes
Prod Beta Hunt
100 show
Low resources, but significant exploration potential.
Dev Spargos
100 show
150,000 oz, growing in size.
Exp Bryah
100 show
50,000 oz per year.
Exp Higginsville
100 show
Mine and mill.

1+ million oz.

Size: 200,000 ha
Exp Murchison
100 show
200,000 oz of annual production.
Exp Qiqavik
44 show
Early exploration.
Prod Carolina
44 show
Early exploration
Current Data
Stage Name Owned
%		 NPV
$M		 IRR
%		 CapEx
$M		 Au Ag Cu Notes
Prod Beta Hunt
100 show
Low resources, but significant exploration potential.
Dev Spargos
100 show
150,000 oz, growing in size.
Exp Bryah
100 show
50,000 oz per year.
Exp Higginsville
100 show
Mine and mill.

1+ million oz.

Size: 200,000 ha
Exp Murchison
100 show
200,000 oz of annual production.
Exp Qiqavik
44 show
Early exploration.
Prod Carolina
44 show
Early exploration

Profitability (by resource)

Proven &
Probable		 08/13/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 3.20M 3.20M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -11.24M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 2.88M 2.88M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -10.11M
Maximum Profit (Gold): $2,750.05M $5,430.21M n/a $2,680.16M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,750.05M $5,430.21M n/a $2,680.16M
Max Profit / Current MCap: 1.492 1.566 n/a 0.074
Max Profit Per Share (Gold): $2.89 $5.70 n/a $2.82
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.89 $5.70 n/a $2.82
Total Free Profit Per Share: $0.00 $0.10 n/a $0.10
FD MCap / Gold Eq.: $640.20 $1,204.10 n/a $563.90
FD MCap / Silver Eq.: $7.31 $14.33 n/a $7.02
FD MCap / Per Metal
as % Spot Price:		 19.08% 27.77% n/a 8.69%
EV / Gold Eq.: $568.98 $1,133.24 n/a $564.26
EV / Silver Eq.: $6.50 $13.48 n/a $6.99
EV / Per Metal
as % Spot Price:		 16.96% 26.14% n/a 9.18%
Measured &
Indicated		 08/13/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 8.00M 8.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -28.09M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 6.34M 6.34M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -22.25M
Maximum Profit (Gold): $6,050.12M $11,946.46M n/a $5,896.34M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $6,050.12M $11,946.46M n/a $5,896.34M
Max Profit / Current MCap: 3.281 3.445 n/a 0.164
Max Profit Per Share (Gold): $6.36 $12.55 n/a $6.19
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $6.36 $12.55 n/a $6.19
Total Free Profit Per Share: $3.39 $6.94 n/a $3.55
FD MCap / Gold Eq.: $291.00 $547.32 n/a $256.32
FD MCap / Silver Eq.: $3.32 $6.51 n/a $3.19
FD MCap / Per Metal
as % Spot Price:		 8.67% 12.62% n/a 3.95%
EV / Gold Eq.: $258.63 $515.11 n/a $256.48
EV / Silver Eq.: $2.95 $6.13 n/a $3.18
EV / Per Metal
as % Spot Price:		 7.71% 11.88% n/a 4.17%

Reserves &
Resources		 08/13/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 12.00M 12.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -42.14M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 8.14M 8.14M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -28.57M
Maximum Profit (Gold): $7,768.90M $15,340.35M n/a $7,571.44M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $7,768.90M $15,340.35M n/a $7,571.44M
Max Profit / Current MCap: 4.214 4.424 n/a 0.210
Max Profit Per Share (Gold): $8.16 $16.11 n/a $7.95
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $8.16 $16.11 n/a $7.95
Total Free Profit Per Share: $5.20 $10.51 n/a $5.31
FD MCap / Gold Eq.: $226.62 $426.23 n/a $199.61
FD MCap / Silver Eq.: $2.59 $5.07 n/a $2.48
FD MCap / Per Metal
as % Spot Price:		 6.75% 9.83% n/a 3.08%
EV / Gold Eq.: $201.41 $401.15 n/a $199.74
EV / Silver Eq.: $2.30 $4.77 n/a $2.47
EV / Per Metal
as % Spot Price:		 6.00% 9.25% n/a 3.25%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults