BUZZ-Australia's Westgold Resources hits record high on strong quarterly output

Reuters
Yesterday
BUZZ-Australia's Westgold Resources hits record high on strong quarterly output

** Shares of gold producer Westgold Resources WGX.AX rise as much as 11.2% to an all-time high of A$7.630

** Stock last up 9.2%, set for best day since October 1, if current gains hold

** WGX among top gainers on the S&P/ASX 200 benchmark index .AXJO, which is down 0.3%

** Co produces record 111,418 oz of gold in Q2, 33% higher than Q1, driven by improving output from its Murchison operations in Western Australia

** Sells 115,200 oz of gold, generating revenue of A$732 million ($492.86 million)

** WGX up 6.7% this year, as of last close, after gaining 127.6% in 2025

($1 = 1.4852 Australian dollars)

(Reporting by Himanshi Akhand in Bengaluru)

((Himanshi.Akhand@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10