Westgold Resources Ltd Reports Strong Fiscal Q4 Performance
Westgold Resources Limited, an Australian gold mining company listed on the ASX All Markets, has reported a robust fiscal Q4 performance for the year ending June 2025. The company announced a production of 88,022 ounces of gold in the fourth quarter, marking a significant achievement in its operational goals.
Record Output in FY25
In a further highlight, Westgold Resources reported record gold production for the fiscal year 2025. The company, which focuses its operations in Western Australia, has demonstrated a strong performance throughout the year, culminating in a substantial increase in output. This achievement underscores Westgold’s operational efficiency and its ability to capitalize on its mining projects.
Financial Highlights
The company’s financial performance has been equally impressive. Westgold Resources reported a $132 million treasury build in Q4 FY25, reflecting strong cash flow management and financial health. This increase in treasury reserves positions the company well for future investments and operational expansions.
Feasibility Study for Lady Julie Project
In addition to its operational successes, Westgold Resources has confirmed the robust economics of its Lady Julie gold project through a feasibility study. The study outlines a viable standalone development pathway, further enhancing the company’s asset portfolio and future growth prospects.
Upcoming Investor Engagement
Westgold Resources is set to engage with investors at the Noosa Mining Conference, scheduled for July 23-25, 2025. The company will present its achievements and future plans, providing insights into its strategic direction and growth initiatives.
Market Position and Outlook
As of July 21, 2025, Westgold Resources’ share price closed at AUD 2.86, with a market capitalization of AUD 2.58 billion. The company’s price-to-earnings ratio stands at 22.02, reflecting investor confidence in its growth trajectory. With a 52-week high of AUD 3.38 and a low of AUD 2.21, the company has shown resilience in a fluctuating market environment.
Westgold Resources continues to focus on expanding its operations and enhancing shareholder value, positioning itself as a leading player in the Australian gold mining sector.