Westgold Resources Limited
WGX.AXBasic MaterialsASXGold · Last scanned May 29, 2026
Scan Results
Daily timeframeWestgold Resources Limited engages in the exploration, development, and operation of gold mines in Western Australia. The $4.89B market capitalization puts WGX.AX squarely in mid-cap range for its industry. It operates Murchison and Southern Goldfields that covers 3,200 square kilometers in Western Australia.
Market Cap
$4.89B
Beta
1.25
P/E (TTM)
19.19
P/E (Fwd)
4.87
EPS (TTM)
$0.27
EPS (Fwd)
$1.06
ROE
12.5%
ROA
9.7%
Cash
$524.6M
Total Debt
$161.3M
Free CF
$352.0M
52W Change
60.2%
Annual Financials
Cash vs Debt
Westgold Resources Limited holds $524.6M in cash against $161.3M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $352.0M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 12.5% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 9.7% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $571.2M (2021) to $716.5M (2024), reflecting a 25% increase over the period.
With cash comfortably exceeding debt, WGX.AX has financial flexibility that may help navigate uncertain periods. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Westgold Resources Limited and its sector.