WGX westgold resources limited.

0.34%

$2.97

Here ok as just how much the diddlers drop lower to create...

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Goldnumber

13,754 Posts.

704

17/02/23

18:26

Post #: 66317932
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Originally posted by speculator101: ↑

For better or worse, I continue to add to my position in WGX.
E/V of perhaps $325m.... But... that is not what makes me buy it, its because its becoming a real miner. Costs are going to keep coming down, and production is rising. Basically, what you want.
Most of the sector was down today, perhaps due to my twitter feeds being full of charts showing the USD index will bounce higher etc (gold lower).
Perhaps it will, but, I don't think much higher, then... it will continue its slow trajectory lower.

I have been pivoting slightly back from African producers to Australian ones, mainly due to political/country risk. There are risks in Australia too, but... with an economy slowing and staffing issues now fading, WGX and hopefully all W.A producers are going to face less headwinds.

One of my favorite stocks, WAF is down 31% in just a few weeks. WGX has held up better all things considered. Even PRU is down 19% 9market darling), CMM is down 24% from the recent highs. WGX is down 27%.

I am really hoping WGX is the predator in any upcoming corporate action. I think WB is doing a very good job.

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Here ok as just how much the diddlers drop lower to create larger margin gain =
Earnings per share WGX = $0.147, RMS = $0.042, SLR = $0.058
Market Cap WGX = $459.4mil, RMS = $729.2mil, SLR = $1Billion
reference =nabtrade
WGX doing measures to do better whilst others???
But WGX is infested with parasites???/
= where be that low = as always dOWNED pressure =
diddLED =

Last edited by Goldnumber: 17/02/23

WGX Price at posting: 97.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last $2.97		Change -0.010(0.34%)		Mkt cap ! $2.801B

Open	High	Low	Value	Volume
$3.01	$3.01	$2.92	$10.06M	3.391M

Buyers (Bids)

No.	Vol.	Price($)
4	90453	$2.94

Sellers (Offers)

Price($)	Vol.	No.
$2.97	33166	5

View Market Depth

No.	Vol.	Price($)
4	90453	2.940
5	57835	2.930
7	58181	2.920
5	59938	2.910
6	32988	2.900

Price($)	Vol.	No.
2.970	33166	5
2.980	131988	9
2.990	28757	2
3.000	50974	3
3.010	19414	1

Last trade - 16.10pm 19/06/2025 (20 minute delay)

WGX (ASX) Chart

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