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PERTH, Western Australia, Aug. 28, 2024 /CNW/ - Westgold Resources Limited (ASX: WGX) (TSX: WGX) (OTCQX: WGXRF) (Westgold or the Company) is pleased to report the highlights of its financial results for the full year ended 30 June 2024 (FY24).
Highlights for FY24
852% increase in Net Profit After Tax – to $95M
760% increase in free cash flow to $86M – post $273M investment in growth capex and exploration
EBITDA of $271M – generated at a competitive EBITDA margin of 38%
Unhedged position drives 9% revenue growth – lifts to $716M
Cash, bullion & liquids1 up 37% – to $263M
2.25cps dividends declared – represents a 12% free cash flow payout ratio
PERTH, Western Australia, Aug. 29, 2024 /CNW/ - Westgold Resources Limited (ASX: WGX) (TSX: WGX) (OTCQX: WGXRF) – Westgold or the Company) announces that its Annual General Meeting will be held on Thursday, 28 November 2024 at 12.00pm (WST) at the Conference Centre, Exchange Tower, Level 8, 2 The Esplanade, Perth, Western Australia.
In accordance with ASX Listing Rule 14.3 and clause 6.1(p) of the Company's Constitution, a valid nomination for the position of Director may be received by the Company not less than 35 business days before the date of the annual general meeting (being Thursday, 10 October 2024).
PERTH, Australia, Aug. 26, 2024 /CNW/ - Westgold Resources Limited (ASX: WGX) (TSX: WGX) (OTCQX: WGXRF) (Westgold or the Company) will lodge its FY24 Financial Results with the ASX pre-market open on Thursday, 29 August 2024.
The Company advises that Wayne Bramwell (Managing Director and Chief Executive Officer) and Tommy Heng (Chief Financial Officer) will present the results and be available to answer questions via webcast on Thursday, 29 August 2024 at 8:30am AWST / 10:30am AEST.
To listen to the Webcast live, please click on the link below and register your details:
Bluebird-South Junction expands to 1.2Mtpa run rate from Q3 FY25
PERTH, Australia and TORONTO, Aug. 16, 2024 /CNW/ - Westgold Resources Limited (ASX: WGX) (TSX: WGX) (OTCQX: WGXRF) – Westgold or the Company) is pleased to present the maiden Ore Reserve for its South Junction mine. South Junction is a part of a broader Bluebird - South Junction mining complex which is becoming the primary ore source for the Bluebird processing hub at Meekatharra with a 1.2Mtpa run rate targeted from Q3, FY25.
Highlights