WGX Shares Westgold Resources Limited
ASX · ASXLast in our picks 2026-10-26 — not in the current list; analysis below is from that screen
Gold exposure, strong broker conviction, and substantial target upside supported by rising production potential.
Future value: $7.36 (+48.60%) · 6-12 months · analyst consensus
Signal breakdown
- ▸JP Morgan reiterated Buy and raised target
- ▾Below 50-day MA (-12.45%)
- ▸~49% upside to price target
Is WGX a buy right now?
Trend: WGX is trading below the 50-day average (-11.57%), RSI 49 — neutral momentum, with a 3-month return of +8.75%.
Valuation & quality: Westgold Resources Limited trades on a trailing P/E of 10.1, forward P/E 6.8, price-to-book 1.97; fundamentals show net margin 18.2%, return on equity 20.1%, revenue growth 61.9% year on year.
Analyst consensus: 7 analysts have a mean 12-month price target of A$7.35 (+47.9% vs the last close; range A$6.08 – A$9.22), consensus rating “strong buy”.
Income: trailing dividend yield 2.09%.
Our screen: BUY (score 3) — Gold exposure, strong broker conviction, and substantial target upside supported by rising production potential.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -18.80% | -14.90% | -4.10% | -8.40% | +0.60% | +34.70% | -16.20% | -6.90% |
Fundamentals
Analyst price target
Technical signals
About Westgold Resources Limited
Westgold Resources Limited engages in the exploration, development, and operation of gold mines in Western Australia. The company operates Murchison and Southern Goldfields that covers 2,500 square kilometers in Western Australia. Westgold Resources Limited was incorporated in 1987 and is based in Perth, Australia.
Sector: Basic Materials · Industry: Gold · Australia · 1,744 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.