Westgold Resources Aktie

Westgold Resources plans to raise annual gold production to around 500,000 ounces, which is below the consensus of 508,000 ounces, after which the stock in Sydney fell 5.5 percent. At the same time, equity markets in East Asia are mixed, weighed down by rising oil prices near $100 and geopolitical tensions in the Gulf that are stoking inflation and interest-rate concerns. Investors are focusing on upcoming US inflation data and possible Fed rate decisions. » Więcej na finanzen.net

Westgold Resources reports 2026 production of 387,000 ounces with AISC of AUD 2,841/ounce and available cash of AUD 939 million (previously AUD 575 million). Management is relying on organic growth from existing assets, advancing expansion projects at Cue, Bluebird South Junction and Beta Hunt, and foregoing hedging. Planned measures include expanding processing throughput capacity, continued drilling programs, and capital returns via dividends and share buybacks. » Więcej na de.investing.com

Westgold recorded an operational cash increase of $285m in Q3 FY26, raising cash on hand to $856m while producing 93,145 ounces. The company remains unhedged and benefited from a gold price of $7,080/oz, resulting in AISC excluding ore purchases of $2,931/oz. The board approved the Higginsville expansion project ($145m), which will increase processing capacity by 62.5% and is expected to add about 60,000 ounces of annual production. Westgold confirms it is on track to meet the FY26 guidance and expects annual production to expand to 470,000 ounces by FY28 with declining AISC. » Więcej na de.investing.com