WGX has been positioning itself for "better times" for some time. Selling under-performing assets, refurbishing plants, buying owning operating equipment to reduce further AISC, draining Big Bell and clearing the decks for higher production/processing of better quality ores. IMO this stock will climb steadily in the next 24 months (yes 24) as the fruits of their labour and investment come to bear. IMO this is a very good stock to be in all-be-it a good stock to trade also (if you are that way inclined) as it re-positions itself with associated volatility.
I'm in and staying in. Wish I had more to invest at this prices.
Ann: CY 2018 Gold Production Guidance Update, page-25
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Last
$2.50 |
Change
0.010(0.40%) |
Mkt cap ! $2.357B | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.53 | $2.44 | $9.956M | 3.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10207 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 7047 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WGX (ASX) Chart |