Westgold Resources Ltd traded at 7.16 this Wednesday February 4th, increasing 0.20 or 2.87 percent since the previous trading session. Looking back, over the last four weeks, Westgold Resources gained 11.01 percent. Over the last 12 months, its price rose by 195.87 percent. Looking ahead, we forecast Westgold Resources Ltd to be priced at 7.21 by the end of this quarter and at 6.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
Westgold Resources Limited is a mid-tier gold producer and international gold company. The Company is engaged in the exploration, development and operation of gold mines, primarily in Western Australia. Its segments include Murchison, and Southern Goldfields. The Company owns and operates all of its underground and open pit mines. Its operations include Murchison Operations, Meekatharra Gold Operations (MGO), Cue Gold Operations (CGO), Bryah Operations, Higginsville Gold Operations, Spargos Gold Mine, Beta Hunt Mine, and Lakewood Gold Mill. The Murchison Operations are located around the regional towns of Meekatharra and Cue in the mid-west region of Western Australia and incorporate the Meekatharra and Cue Gold Operations. MGO is located around the regional town of Meekatharra and encompasses assets, including the historic gold mining centers of Meekatharra North, Paddy’s Flat, Yaloginda, Nannine and Reedy’s. CGO is located around the regional town of Cue.