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Westgold Resources Limited is a gold business based in Australia. Westgold Resources shares (WGX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Westgold Resources has a trailing 12-month revenue of around $492.3 million..
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Since the stock market crash in March caused by coronavirus, Westgold Resources 's share price has had significant positive movement.
Its last market close was $2.84, which is 15.49% up on its pre-crash value of $2.4 and 135.68% up on the lowest point reached during the March crash when the shares fell as low as $1.205.
If you had bought $1,000 worth of Westgold Resources shares at the start of February 2020, those shares would have been worth $739.43 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,333.32.
52-week range | $1.205 - $2.98 |
---|---|
50-day moving average | $2.5994 |
200-day moving average | $2.454 |
Target price | $2.05 |
PE ratio | 27.907 |
Dividend yield | N/A (0%) |
Earnings per share (TTM) | $0.086 |
Standard brokerage - Australian shares
Competitive broker fees on Australian and international shares
Important: Share trading carries risk of capital loss.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the close of A$2.84 on 2020-10-22
1 week (2021-01-12) | 14.06% |
---|---|
1 month (2020-12-18) | 6.77% |
3 months (2020-10-19) | 0% |
6 months (2020-07-17) | 25.66% |
1 year (2020-01-17) | 22.41% |
---|---|
2 years (2019-01-18) | 203.74% |
3 years (2018-01-19) | 71.60% |
5 years (2016-01-15) | N/A |
Valuing Westgold Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Westgold Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Westgold Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 28x. In other words, Westgold Resources shares trade at around 28x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Westgold Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $154.1 million (£0.0 million).
The EBITDA is a measure of a Westgold Resources 's overall financial performance and is widely used to measure a its profitability.
Revenue TTM | $492.3 million |
---|---|
Operating margin TTM | 4.32% |
Gross profit TTM | $29.5 million |
Return on assets TTM | 1.85% |
Return on equity TTM | 7.17% |
Profit margin | 7.03% |
Book value | 1.242 |
Market capitalisation | $1 billion |
TTM: trailing 12 months
We're not expecting Westgold Resources to pay a dividend over the next 12 months.
Westgold Resources 's shares were split on a 6:5 basis on 13 September 2017. So if you had owned 5 shares the day before before the split, the next day you'd have owned 6 shares. This wouldn't directly have changed the overall worth of your Westgold Resources shares – just the quantity. However, indirectly, the new 16.7% lower share price could have impacted the market appetite for Westgold Resources shares which in turn could have impacted Westgold Resources 's share price.
Over the last 12 months, Westgold Resources 's shares have ranged in value from as little as $1.205 up to $2.98. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Westgold Resources 's is 0.1855. This would suggest that Westgold Resources 's shares are less volatile than average (for this exchange).
Westgold Resources Limited engages in the exploration, development, mining, and treatment of gold assets primarily in Western Australia. The company's assets include the Meekatharra Gold Operations, Fortnum Gold Operations, and Cue Gold Operations that comprise approximately 350 mining titles covering an area of 124,000 hectares in the Central Murchison region. It also provides contract mining services. Westgold Resources Limited is headquartered in Perth, Australia.
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