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The latest announcement is out from Westgold Resources ( (AU:WGX) ).
Westgold Resources Limited has released its mineral resource and ore reserve estimates, highlighting the inherent uncertainties and subjective judgments involved in such estimations. The company emphasizes that these estimates are subject to change based on various factors, including gold price fluctuations, drilling results, and potential changes in mine plans, which could impact the economic viability and operational strategies of the company.
The most recent analyst rating on (AU:WGX) stock is a Buy with a A$5.95 price target. To see the full list of analyst forecasts on Westgold Resources stock, see the AU:WGX Stock Forecast page.
More about Westgold Resources
Westgold Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources, particularly gold. The company is involved in the estimation and reporting of mineral resources and ore reserves, adhering to the JORC Code and Canadian NI 43-101 standards.
Average Trading Volume: 5,027,798
Technical Sentiment Signal: Buy
Current Market Cap: A$4.2B
For a thorough assessment of WGX stock, go to TipRanks’ Stock Analysis page.