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Westgold Resources ( (AU:WGX) ) just unveiled an update.
Westgold Resources Limited reported an increase in gold production for the second quarter of fiscal year 2025, achieving 80,886 ounces, up from 77,369 ounces in the previous quarter. The company is progressing with infrastructure upgrades at its Bluebird and Beta-Hunt mines, aiming to enhance mine outputs, and anticipates further production increases in the second half of FY25. Westgold’s liquidity stands at $402 million, ensuring robust financial support for ongoing and future operations, including developments at the Great Fingall mine.
More about Westgold Resources
Westgold Resources Limited operates in the mining industry, primarily focusing on gold production. The company is based in Perth, Western Australia, and has expanded its operations following a merger with Karora Resources in 2024.
YTD Price Performance: -5.91%
Average Trading Volume: 77,503
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.67B
Find detailed analytics on WGX stock on TipRanks’ Stock Analysis page.
