Ord Minnett keeps AUD 7.50 target for Westgold Resources stock
Published on 10/15/2026 at 21:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and valuation
- Ord Minnett analyst Paul Kaner set an AUD 7.50 target on October 14, 2026.
- UBS maintained an AUD 9.25 target on October 9, 2026.
- Westgold Resources stock costs EUR 3.05 at Lang & Schwarz on October 15, 2026 at 9:48 p.m. CEST.
- Westgold Resources carried a market capitalization of AUD 4.6 billion as of October 15, 2026.
Ord Minnett analyst Paul Kaner maintained a Buy rating on Westgold Resources and set an AUD 7.50 price target on October 14, 2026, according to Markets Insider. That target stood 54.32 percent above the ASX price of AUD 4.86 on October 15, 2026. At Lang & Schwarz, Westgold Resources stock was trading at EUR 3.05 on October 15, 2026 at 9:48 p.m. CEST.
UBS target reaches AUD 9.25
UBS maintained a Buy rating and an AUD 9.25 price target on October 9, 2026, as reported by Markets Insider. Measured against the same AUD 4.86 ASX price, the UBS target was 90.33 percent higher. The two dated targets give investors a clear spread of published valuation assumptions without changing the current euro quotation.
Gold reserves anchor operations
Westgold Resources operates gold assets in Western Australia and reported ore reserves of 4.1 million ounces as of June 30, 2026. The figure appears on the Westgold Resources website. Its operating footprint covers more than 2,500 square kilometers, while the company website also identifies four processing hubs.
Price position and valuation
The ASX quote was AUD 4.86 on October 15, 2026, down 2.21 percent from AUD 4.97, with a 52-week range of AUD 4.24 to AUD 8.16. Westgold Resources had a market capitalization of AUD 4.6 billion and a P/E ratio of 10.57 on the same date. The euro quotation remained the relevant price for German investors, while the Australian figures provide the home-market context.
Comparison with peers
Westgold Resources (ASX, AUD): P/E 10.57, market capitalization AUD 4.6 billion
Bellevue Gold (ASX, AUD): minus 3.50 percent, P/E 293.62, market capitalization AUD 2.1 billion
Regis Resources (ASX, AUD): minus 3.11 percent, P/E 7.29, market capitalization AUD 5.2 billion
Targets and trading context
The next useful comparison is between the published analyst targets and the company's operating base. The AUD 7.50 Ord Minnett target is 54.32 percent above the ASX price, while the AUD 9.25 UBS target is 90.33 percent higher. The targets are dated October 14 and October 9, 2026, respectively.
At Lang & Schwarz, the stock was trading at EUR 3.05 on October 15, 2026 at 9:48 p.m. CEST. The quote was in after-hours trading for the German market perspective.
The further course of trading is shown by the continuously updated real-time quote of Westgold Resources stock.
Westgold Resources stock at a glance
- Company: Westgold Resources Limited
- ISIN: AU000000WGX6
- Ticker: WGX
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 15, 2026, 9:48 p.m. CEST): EUR 3.05
- Market capitalization: AUD 4.6 billion (as of October 15, 2026)
- Sector / Industry: Basic Materials / Gold
Market context: Market report S&P/ASX 200.
