Westgold Resources stock gained 0.77 percent on October 6, 2026

Published on 10/07/2026 at 05:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Westgold Resources stock carries a fully franked 10-cent dividend payable on October 8, 2026. FY2026 revenue rose 79 percent to AUD 2.441 billion.

Westgold Resources, AU000000WGX6, Illustration mit AI erstellt.

Westgold Resources stock (ISIN AU000000WGX6) gained 0.77 percent to AUD 5.210 on the ASX on October 6, 2026. The move comes before the company's fully franked FY2026 dividend payment of AUD 0.10 per share on October 8, 2026, while its latest annual figures show a sharp increase in earnings.

Dividend payment sets the next date

According to Intelligent Investor, Westgold's 10-cent dividend is fully franked and payable on October 8, 2026. The payment is 400 percent above the minimum annual commitment of 2 cents per share, giving the capital-return policy a material role in the stock's near-term investor narrative.

The same source lists a market capitalization of AUD 4,904 million and a price range of AUD 4.35 to AUD 8.05 over 52 weeks. At AUD 5.210, the stock stood 35.28 percent below that 52-week high on October 6, 2026.

FY2026 earnings reset the base

ScanX News reported that fiscal 2026 revenue rose 79 percent year over year to AUD 2,441 million, while underlying net profit after tax increased 452 percent to AUD 480 million. Underlying EBITDA reached AUD 1,104 million, and the EBITDA margin expanded to 45 percent from 37 percent.

The operating comparison is also notable: gold production rose 19 percent to 387,354 ounces in FY2026, while the achieved gold price increased 42 percent to AUD 6,238 per ounce. All-in sustaining costs rose 7 percent to AUD 2,841 per ounce, leaving the earnings improvement more dependent on realized gold prices and higher output than on cost reduction alone.

Analysts see further valuation room

Investing.com shows a Buy consensus based on seven analysts. The average 12-month target is AUD 7.201, with a high of AUD 9.06599713 and a low of AUD 6.11764706; the average target lies 38.2 percent above the October 6 price.

For the operating outlook, Business Insider reported on October 2, 2026, that Macquarie maintained a Buy rating with an AUD 6.80 target, while RBC retained a Buy rating with an AUD 6.00 target on September 22, 2026. The range of targets highlights the importance of production delivery and gold-price sensitivity in the valuation.

Westgold Resources stock remains below its high

Westgold Resources stock was last at AUD 5.210 on the ASX on October 6, 2026, with a market capitalization of AUD 4,904 million. The combination of a 10-cent dividend, FY2026 revenue growth of 79 percent and a price 35.28 percent below the 52-week high defines the current investor debate.