Delayed reply here speculator.
WGX has been more of a trading stock based on its price behaviour, although having said that, so are many other gold stocks.
I agree that WGX is priced cheaply considering its resources and production. The company seems driven more by expansion through purchases and investments in smaller explorers than in getting its numerous mines working well but that could be a misconception on my part. PC has concentrated on building up multiple centres in a few WA regions and it seems to have been a challenge to get them all working smoothly.
Since I am an investor rather than a trader, I think I need a change in market sentiment before investing. Nevertheless, a drop in SP low enough may well tempt me back into it. I am presently holding back from new investment and so passed on the 186c reached over the past couple of weeks.
Delayed reply here speculator.WGX has been more of a trading...
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Last
$2.85 |
Change
-0.070(2.40%) |
Mkt cap ! $2.687B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.96 | $2.85 | $17.18M | 5.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 29262 | 1 |
View Market Depth
| Last trade - 16.13pm 27/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |