WGX westgold resources limited.

1.35%

$2.93

Wgx highest monthly close is around 2.65 so almost there. Seeing...

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Hollowpits

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31/03/24

10:08

Post #: 73128287
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Originally posted by speculator101 ↑

What a time for a mid tier producer to be heavily investing in it's internal growth projects, whilst also being fully unhedged and selling into record high spot prices. Whilst this won't be a particularly impressive quarter due to the rain events and issues with the plants, the spot price is basically going to save the day. The June Q is hopefully where things are going to get exciting with early ore from Great Fingall and WGX focus on increasing ounces from all of their U/G projects in the near term.

Hopefully WGX will also start providing some colour on their exploration programs (just a matter of whether they want to update the market before the quarterly).

I still think WGX should also not be resting on it's laurels in regards to corporate action. The exploration end of the sector is still massively undervalued and as such... the large amount of capital they have available should be being used to it's fullest capacity. WGX should even be looking at acquisitions that might reduce their future tax payments (as they are running out of capitalized losses).

I believe WGX is just a few cents off its all time highs.... then Blue Sky for this resurrect phoenix!

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Wgx highest monthly close is around 2.65 so almost there.
Seeing gold prices breaking to all times highs there s no ceiling to how high this run can get to especially with the gold co s highly leveraged to gold prices. Wgx is almost at the same point breaking to all time highs

WGX Price at posting: $2.62 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $2.93		Change -0.040(1.35%)		Mkt cap ! $2.763B

Open	High	Low	Value	Volume
$2.94	$2.98	$2.93	$33.24M	11.34M

Buyers (Bids)

No.	Vol.	Price($)
7	663107	$2.93

Sellers (Offers)

Price($)	Vol.	No.
$2.94	369285	3

View Market Depth

No.	Vol.	Price($)
7	663107	2.930
15	758324	2.920
7	164579	2.910
7	87258	2.900
5	161098	2.890

Price($)	Vol.	No.
2.940	369285	3
2.950	20105	4
2.960	125590	3
2.970	72664	4
2.980	29432	3

Last trade - 16.10pm 20/06/2025 (20 minute delay)

WGX (ASX) Chart

Wgx highest monthly close is around 2.65 so almost there. Seeing...

Novo flags antimony and gold in the Pilbara – but does it need to step back?

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Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

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Buyers (Bids)

Sellers (Offers)

Featured News

Wgx highest monthly close is around 2.65 so almost there. Seeing...

Top Stories

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Everest Metals approved to join US defence consortium as rubidium play

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

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Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

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AML3D opens new facility in Ohio as US Defence strategy bears fruit

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News