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Westgold Resources LtdWestgold Resources LtdWestgold Resources Ltd

Westgold Resources Ltd

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WGX trade ideas

Westgold Resources, WSXRWestgold Resources, a debt-free miner, has seen its earnings surge by 852% over the past year, outpacing the Metals and Mining industry. The company was recently added to the S&P/ASX 200 Index and provided an optimistic production guidance for fiscal year 2025, targeting up to 420,000 oz of gold Or 1 Billion in sales. Additionally, Westgold is accelerating drilling at its Beta Hunt mine's Fletcher Zone with three rigs on-site. Notably, net income for Q4 reached A$51.16 million compared to A$17.05 million last year.
OTC:WGXRFLong
by jdouglas020
Westgold Resources - It pays to be long following 4 down weeksWestgold Resources is down approximately 30% over the past 4-weeks. Since listing in 2016, WGX has only experienced 4 consecutive down weeks on 10 occasions. Following this & looking 4-weeks forward, WGX provided an average gain of 5.9% with a 9 from 10 win rate. Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
ASX:WGXLong
by UnknownUnicorn25462132
WGX Presents a buying opportunity Will after selling a couple of months ago, slightly too early @ $2.35, I stopped myself from FOMOing in. Today we have a high probability that WGX will start moving up again. We have a nice candle here possibly hammerhead Price sitting right on support While touching the low trend of the Linear Regression. Bottom Finder Indicator and MFI signalling oversold. What to look out for: Price closing below the Linear Regression in its upward form could bring further lower prices. But the fundamentals in this stock is pretty good. It is a good time to be in Gold stocks much more than Crypto right now
ASX:WGXLong
by GlobalTrader_
3