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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 in Australian Dollars. Westgold Resources has a trailing 12-month revenue of around $571.2 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $1.5561 - $2.9443 |
|---|---|
| 50-day moving average | $1.7559 |
| 200-day moving average | $1.9411 |
| Target price | $2.55 |
| PE ratio | 10.7735 |
| Dividend yield | $0.02 (1.02%) |
| Earnings per share (TTM) | $0.181 |
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 last close of A$2.02
| 1 week (2021-10-19) | 4.66% |
|---|---|
| 1 month (2021-09-24) | 24.31% |
| 3 months (2021-07-26) | 13.80% |
| 6 months (2021-04-26) | -11.40% |
| 1 year (2020-10-26) | -27.86% |
|---|---|
| 2 years (2019-10-25) | -8.18% |
| 3 years (2018-10-26) | 96.12% |
| 5 years (2016-10-22) | inf% |
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 11x. In other words, Westgold Resources shares trade at around 11x 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 $238 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 | $571.2 million |
|---|---|
| Operating margin TTM | 18.46% |
| Gross profit TTM | $115.7 million |
| Return on assets TTM | 7.95% |
| Return on equity TTM | 13.59% |
| Profit margin | 13.44% |
| Book value | 1.433 |
| Market capitalisation | $829.7 million |
TTM: trailing 12 months
Dividend payout ratio: 11.11% of net profits
Recently Westgold Resources has paid out, on average, around 11.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.23% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Westgold Resources shareholders could enjoy a 1.23% return on their shares, in the form of dividend payments. In Westgold Resources 's case, that would currently equate to about A$0.02 per share.
While Westgold Resources 's payout ratio might seem low, this can signify that Westgold Resources is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 29 September 2021 (the "ex-dividend date").
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.
Over the last 12 months, Westgold Resources 's shares have ranged in value from as little as $1.5561 up to $2.9443. 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 0.2647. 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 1,300 square kilometers in the Central Murchison region. It also provides contract mining services. Westgold Resources Limited is based in Perth, Australia.
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