Westgold Resources’ (ASX:WGX) FY25 production guidance reaffirmed at 330,000–350,000 ounces

Tue 06 May 25, 04:35 AM | Team Kalkine

Image source: Shutterstock

Highlights

Westgold added AUD 80 million to its cash, bullion, and liquid investments in Q3FY25, reaching total liquidity of ~AUD 480 million .

Q3FY25 revenue stood at AUD 363 million from sales of 78,398 ounces at an average price of AUD 4,630/oz.

Beta Hunt and Bluebird-South Junction upgrades on track; Beta Hunt improvements to support 2Mtpa output into FY26.

WGX’s revenue surged 72% YoY to AUD 624 million in 1HFY25, but the company posted an AUD 27.6 million net loss due to acquisition-related costs.

Westgold Resources Limited (ASX:WGX) is a gold explorer and miner with a focus on the Murchison and Southern Goldfields regions. The company is demonstrating operational momentum and strategic clarity as it navigates FY25 and looks ahead to FY26.

Financial Position of WGX Amid High Gold Prices

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