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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Last
$2.95 |
Change
0.080(2.79%) |
Mkt cap ! $2.782B |
Open | High | Low | Value | Volume |
$2.94 | $2.96 | $2.89 | $12.85M | 4.390M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16421 | $2.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.96 | 37734 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16421 | 2.930 |
1 | 5186 | 2.920 |
5 | 58898 | 2.910 |
7 | 89295 | 2.900 |
2 | 173884 | 2.890 |
Price($) | Vol. | No. |
---|---|---|
2.960 | 37734 | 3 |
2.970 | 221132 | 3 |
2.980 | 46000 | 2 |
2.990 | 21587 | 4 |
3.000 | 15365 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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