Westgold Resources Ltd
ASX:WGX

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Westgold Resources Ltd
ASX:WGX
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Price: 2.81 AUD -1.4% Market Closed
Market Cap: 2.7B AUD
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Gross Margin
Westgold Resources Ltd

22.2%
Current
12%
Average
17.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.2%
=
Gross Profit
219.3m
/
Revenue
986.3m

Gross Margin Across Competitors

Country AU
Market Cap 2.7B AUD
Gross Margin
22%
Country RU
Market Cap 70.4T USD
Gross Margin
62%
Country ZA
Market Cap 232.2B Zac
Gross Margin
37%
Country ZA
Market Cap 97.9B Zac
Gross Margin
28%
Country CN
Market Cap 423.1B CNY
Gross Margin
17%
Country US
Market Cap 43.2B USD
Gross Margin
48%
Country CA
Market Cap 57.2B CAD
Gross Margin
60%
Country CA
Market Cap 38.9B CAD
Gross Margin
34%
Country CA
Market Cap 36.9B CAD
Gross Margin
60%
Country CA
Market Cap 33.3B CAD
Gross Margin
66%
Country RU
Market Cap 1.9T RUB
Gross Margin
70%
No Stocks Found

Westgold Resources Ltd
Glance View

Market Cap
2.7B AUD
Industry
Metals & Mining

In the vast, mineral-rich expanse of Western Australia's outback, Westgold Resources Ltd. has carved out its niche as a formidable player in the gold mining industry. Known for its strategic foresight, Westgold operates several gold mines in the renowned Eastern Goldfields region, an area celebrated for its abundant mineral deposits. The company's primary operations are consolidated within the Murchison and Bryah Basin regions, where they have honed extraction techniques to maximize efficiency and output. By leveraging cutting-edge technology and environmentally conscious practices, Westgold prides itself on steadily increasing production while minimizing impact, highlighting a balance that appeals to both investors and environmentalists alike. Central to Westgold's business model is the full-spectrum approach to mining operations. Unlike companies that solely focus on extraction, Westgold manages its entire supply chain, from exploration and development through to mining and processing. This holistic grasp allows the company to control costs better and maintain quality assurance throughout the production cycle. The gold extracted from their operations is processed into bullion, which is then sold on the global market, subject to price fluctuations influenced by a myriad of global economic factors. Through this comprehensive management, Westgold Resources not only ensures a steady revenue stream but also positions itself as a resilient entity capable of weathering the cyclical nature of the commodities market.

WGX Intrinsic Value
3.97 AUD
Undervaluation 29%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.2%
=
Gross Profit
219.3m
/
Revenue
986.3m
What is the Gross Margin of Westgold Resources Ltd?

Based on Westgold Resources Ltd's most recent financial statements, the company has Gross Margin of 22.2%.