How to buy Westgold Resources shares | WGX historical share price and analysis
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How to buy Westgold Resources shares

Own Westgold Resources shares in just a few minutes.

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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 $565.2 million.

How to buy shares in Westgold Resources

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Westgold Resources . Find the share by name or ticker symbol: WGX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Westgold Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Westgold Resources . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

What's in this guide?

  1. Westgold Resources key stats
  2. Compare share trading platforms
  3. Is Westgold Resources stock a buy or sell?
  4. Westgold Resources performance over time
  5. Are Westgold Resources shares over-valued?
  6. Westgold Resources 's financials
  7. How volatile are Westgold Resources shares?
  8. Does Westgold Resources pay a dividend?
  9. Have Westgold Resources shares ever split?
  10. Other common questions

Westgold Resources share price

Use our graph to track the performance of WGX stocks over time.

Westgold Resources shares at a glance

Information last updated 2021-03-26.
52-week range$1.685 - $2.98
50-day moving average $2.069
200-day moving average $2.4128
Target price$2.05
PE ratio 12.1143
Dividend yield N/A (0%)
Earnings per share (TTM) $0.175

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
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Bell Direct Share Trading
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Bell Direct Share Trading
AUD $15
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Exclusive: New customers who open an account with Bell Direct through Finder will pay no brokerage fees on the first five stock or ETF trades until April 30, 2021 (T&Cs apply).
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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IG Share Trading
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IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
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Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
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CMC Markets Stockbroking
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CMC Markets Stockbroking
AUD $11 or 0.1%
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ASX shares, Global shares, mFunds, ETFs
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Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
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Westpac Online Investing Account
Westpac Online Investing Account
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USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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Is it a good time to buy Westgold Resources stock?

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.

Technical Analysis of Westgold Resources Limited by TradingView

Is Westgold Resources under- or over-valued?

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 P/E ratio

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 12x. In other words, Westgold Resources shares trade at around 12x 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

Westgold Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $288.3 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.

Westgold Resources financials

Revenue TTM $565.2 million
Operating margin TTM 15.09%
Gross profit TTM $29.5 million
Return on assets TTM 7%
Return on equity TTM 14.05%
Profit margin 12.81%
Book value 1.363
Market capitalisation $898.6 million

TTM: trailing 12 months

Westgold Resources share dividends

We're not expecting Westgold Resources to pay a dividend over the next 12 months.

Have Westgold Resources 's shares ever split?

Westgold Resources 's shares were split on a 6:5 basis on 12 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.

Westgold Resources share price volatility

Over the last 12 months, Westgold Resources 's shares have ranged in value from as little as $1.685 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 0.1838. This would suggest that Westgold Resources 's shares are less volatile than average (for this exchange).

Westgold Resources overview

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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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