Have you been holding WGX stock for awhile?
Don't want to persuade you from your reality. But I just want to give you some facts - in December 2016:
Westgold share price hit a bottom of $1.41 a share, and
Northern Star hit a bottom of $2.95 a share.
Westgold at that time was compared more like Saracen, and Saracen hit a bottom of 91c.
Don't quote me, but for approximates:
Westgold was producing 240k in gold production,
Northern Star around 700k, and
Saracen around 300k
Management is a testament to how the company revinests their capital and drive shareholder return. So it's 3 and half years later now:
Northern Star is now forecasted to produce 1.15m ounces and its share price closed at $10.72 (29.85% down from it's 52 week high of $15.28)
Saracen is now forecasted to produce 500k+ ounces and it's share prices closed at $2.97 (37.5% down from it's 52 week high of $4.75)
Westgold is now forecasted to produce 300k ounces and it's share price closed at $1.625 (36.7% down from it's 52 week high of $2.52)
So in 3 and half years:
Northern star delivered share price return of 262% and while increasing gold production profile by 450k ounces
Saracen delivered share price return of 226% and while increasing gold production profile by 200k ounces
While, Westgold delivered a share price return of 15.8% while increasing gold production profile of between 30k to 50k
It seems the barrier must be quite low on what is considered good management these days.
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WGX
westgold resources limited.
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$3.08

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Last
$3.08 |
Change
0.180(6.21%) |
Mkt cap ! $2.906B |
Open | High | Low | Value | Volume |
$2.99 | $3.10 | $2.97 | $23.80M | 7.799M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 27725 | $3.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.08 | 6997 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 3.050 |
1 | 330 | 3.030 |
1 | 6660 | 3.000 |
1 | 3300 | 2.970 |
1 | 2000 | 2.950 |
Price($) | Vol. | No. |
---|---|---|
3.080 | 6997 | 1 |
3.090 | 5950 | 1 |
3.100 | 138981 | 7 |
3.110 | 16000 | 1 |
3.130 | 2638 | 2 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
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WGX (ASX) Chart |