Westgold Resources (AU:WGX) has released an update.
Westgold Resources Limited has announced a record gold production of 77,369 ounces in the first quarter of FY25 following a $1.4 billion merger with Karora Resources, projecting confidence in meeting their full-year production guidance. The company’s strong financial position is highlighted by $203 million in available funds, ensuring liquidity for ongoing capital investments. With production set to increase in the latter half of the year, Westgold is poised to continue breaking production records and enhancing asset value.
For further insights into AU:WGX stock, check out TipRanks’ Stock Analysis page.
