Westgold Resources Ltd

Westgold Resources Ltd

4.88
CAD
-0.12
(-2.40%)
0.18EPS
Feb 16Next Earn

Important Dates

Westgold Resources Ltd's next confirmed earnings release is scheduled for February 16, 2027.

Earnings Date2/16/2027

Share Statistics

As of June 30, 2024, Westgold Resources Ltd has 473.62M shares outstanding.

Shares Outstanding473.62M

Financial Position

As of June 30, 2024, Westgold Resources Ltd maintains a current ratio of 1.74, meaning it holds 1.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 7.89, indicating elevated leverage, while an interest coverage ratio of 37.23 demonstrates strong ability to service its debt obligations.

Current Ratio1.74
Quick Ratio1.30
Debt / Equity7.89
Debt / EBITDA0.31
Interest Coverage37.23

Financial Efficiency

CAD

Over the twelve months ended June 30, 2024, Westgold Resources Ltd posted a return on equity (ROE) of 14.76, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 13.21 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 10.21, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 14.35, useful for judging operating efficiency across full business cycles. The company generates approximately 610,500.80 in revenue per employee across its workforce of 1,071.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 6.69 indicates how many times Westgold Resources Ltd sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)14.76
Return on Assets (ROA)10.21
Return on Invested Capital (ROIC)13.21
Return on Capital Employed (ROCE)14.35
Revenue Per Employee610,500.80
Employee Count1,071.00
Inventory Turnover6.69

Taxes

CAD

Over the twelve months ended June 30, 2024, Westgold Resources Ltd recorded 38.09M in income tax expense. That works out to an effective tax rate of 30.47, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 125.00M, leaving 86.91M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax38.09M
Effective Tax Rate30.47

Stock Price Statistics

CAD

As of the close on October 22, 2026, Westgold Resources Ltd's stock has gained approximately 5.86% over the past 52 weeks. The 50-day moving average sits at 5.58, while the 200-day moving average is 5.66.

52-Week Price Change5.86%
50-Day Moving Average5.58
200-Day Moving Average5.66

Income Statement

CAD

Over the twelve months ended June 30, 2024, Westgold Resources Ltd generated 653.85M in revenue and converted that into 86.91M in net income, yielding earnings per share of 0.18. EBITDA reached 159.00M, while operating income came in at 118.13M.

Revenue653.85M
Gross Profit182.43M
Operating Income118.13M
Pretax Income125.00M
Net Income86.91M
EBITDA159.00M
EBIT118.98M
Earnings Per Share (EPS)0.18

Balance Sheet

CAD

As of June 30, 2024, Westgold Resources Ltd holds 215.41M in cash and equivalents against 49.84M in total debt, resulting in a net debt position of -215.41M. Total book value stands at 631.33M, with working capital of 126.32M providing operational flexibility.

Cash & Cash Equivalents215.41M
Total Debt49.84M
Net Debt-215.41M
Equity (Book Value)631.33M
Book Value Per Share1.33
Working Capital126.32M

Cash Flow

CAD

These figures cover the twelve months ended June 30, 2024.

Capital Expenditures-226.71M

Margins

Over the twelve months ended June 30, 2024, Westgold Resources Ltd posted a gross margin of 27.90, reflecting its pricing power and cost economics. The operating margin of 18.07 and net profit margin of 13.29 provide insight into operational efficiency.

Gross Margin27.90
Operating Margin18.07
Pretax Margin19.12
Profit Margin13.29
EBITDA Margin24.32

Dividends & Yields

CAD

Over the twelve months ended June 30, 2024, Westgold Resources Ltd paid dividends of 0.01 per share. The dividend payout ratio of 4.97 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.

Dividend Per Share0.01
Payout Ratio4.97