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$2456.23M which is a rise of roughly 33% over the last one months. As of 08/13/2025 they have ~A$33M debt and ~A$242.99M 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 $2,456.23M 08/13/2025 $612.46M
MCap (OS): $1,826.56M $2,433.29M 08/13/2025 $606.74M
Total Assets: $424.58M $433.91M 08/13/2025 $9.33M
Total Liabilities: $150.24M $153.54M 08/13/2025 $3.30M
Current Assets: $237.76M $242.99M 08/13/2025 $5.22M
Current Liabilities: $70.55M $72.10M 08/13/2025 $1.55M
Total Debt: $32.66M $33.38M 08/13/2025 $0.72M
Cash: $237.76M $242.99M 08/13/2025 $5.22M
Debt (Net): $-205.10M $-209.61M $-4.51M
Enterprise Value: $1,638.67M $2,246.62M 03/11/2041 $607.95M
Cash Flow: $348.53M $443.47M never $94.94M
Cash Flow Multiple: 5.29 5.54 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 09/04/2025 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) 
31,995,161
09/04/2025 39,754
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 15 08/15/2024 0.00

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%) $1,215 (33%) $260.10
MCap / Production (AuEq): $5,051.44 $6,729.40 $1,677.97
EV / Production (AuEq): $4,489.51 $6,155.13 $1,665.62
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% 09/04/2025 0.00%
F
U
T
U
R
E
Proven & Probable: 10.00M 10.00M 08/13/2025 0.00M
Annual Production: 500,000oz. 500,000oz. 08/13/2025 0oz.
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 $76.77 $19.07
EV / Production (AgEq): $51.28 $70.22 $18.94
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 0.35M
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 0.31M
Maximum Profit (Gold): $2,750.05M $3,499.14M n/a $749.09M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,750.05M $3,499.14M n/a $749.09M
Max Profit / Current MCap: 1.492 1.425 n/a -0.067
Max Profit Per Share (Gold): $2.89 $3.68 n/a $0.79
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $2.89 $3.68 n/a $0.79
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD MCap / Gold Eq.: $640.20 $852.86 n/a $212.66
FD MCap / Silver Eq.: $7.31 $9.73 n/a $2.42
FD MCap / Per Metal
as % Spot Price:
19.08% 23.27% n/a 4.19%
EV / Gold Eq.: $568.98 $780.08 n/a $211.09
EV / Silver Eq.: $6.50 $8.90 n/a $2.40
EV / Per Metal
as % Spot Price:
16.96% 21.28% n/a 4.32%
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 0.87M
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 0.69M
Maximum Profit (Gold): $6,050.12M $7,698.11M n/a $1,647.99M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $6,050.12M $7,698.11M n/a $1,647.99M
Max Profit / Current MCap: 3.281 3.134 n/a -0.147
Max Profit Per Share (Gold): $6.36 $8.09 n/a $1.73
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $6.36 $8.09 n/a $1.73
Total Free Profit Per Share: $3.39 $4.22 n/a $0.83
FD MCap / Gold Eq.: $291.00 $387.66 n/a $96.66
FD MCap / Silver Eq.: $3.32 $4.42 n/a $1.10
FD MCap / Per Metal
as % Spot Price:
8.67% 10.58% n/a 1.90%
EV / Gold Eq.: $258.63 $354.58 n/a $95.95
EV / Silver Eq.: $2.95 $4.05 n/a $1.09
EV / Per Metal
as % Spot Price:
7.71% 9.67% n/a 1.97%

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 1.31M
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 0.89M
Maximum Profit (Gold): $7,768.90M $9,885.08M n/a $2,116.17M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $7,768.90M $9,885.08M n/a $2,116.17M
Max Profit / Current MCap: 4.214 4.024 n/a -0.189
Max Profit Per Share (Gold): $8.16 $10.38 n/a $2.22
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $8.16 $10.38 n/a $2.22
Total Free Profit Per Share: $5.20 $6.52 n/a $1.32
FD MCap / Gold Eq.: $226.62 $301.90 n/a $75.28
FD MCap / Silver Eq.: $2.59 $3.44 n/a $0.86
FD MCap / Per Metal
as % Spot Price:
6.75% 8.24% n/a 1.48%
EV / Gold Eq.: $201.41 $276.13 n/a $74.72
EV / Silver Eq.: $2.30 $3.15 n/a $0.85
EV / Per Metal
as % Spot Price:
6.00% 7.53% n/a 1.53%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×