Added to YB: 2026-03-02
Pitch date: 2026-02-26
WGR.AX [bullish]
Western Gold Resources Limited
+5%
current return
Author Info
No bio for this author
Company Info
Western Gold Resources Limited engages in the exploration and evaluation of mineral resources in Australia and Sweden.
Market Cap
AUD 58.5M
Pitch Price
AUD 0.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
-29.28
P/E
-14.57
EV/Sales
986.19
Sector
Metals and Mining
Category
value
Western Gold Resources, why this is my biggest position
WGR.AX: Aussie gold explorer transitioning to producer. Gold Duke Project: 277k oz resource, 14-month Stage 1 targeting 11.8-15.9k oz production starting early 2026. NPV A$241M at $3,500/oz gold, A$415M at $5,000/oz vs A$58M market cap. Toll milling deal cuts capex to A$5M. Underground potential at Joyners Find (3m @ 22g/t from 84m). 23k meters drilling approved for Stage 2 & brownfields expansion along 25km strike. Multiple high-grade targets could extend mine life beyond initial 14 months.
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