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Westgold Resources Ltd
ASX:WGX

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Westgold Resources Ltd
ASX:WGX
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Price: 6.81 AUD -1.59%
Market Cap: AU$6.4B

Operating Margin

13.4%
Current
Declining
by 0.8%
vs 3-y average of 14.2%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
13.4%
=
Operating Income
AU$181.9m
/
Revenue
AU$1.4B

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
13.4%
=
Operating Income
AU$181.9m
/
Revenue
AU$1.4B

Peer Comparison

Country Company Market Cap Operating
Margin
AU
Westgold Resources Ltd
ASX:WGX
6.5B AUD
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RU
Polyus PJSC
LSE:PLZL
70.4T USD
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ZA
Gold Fields Ltd
JSE:GFI
764B ZAR
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ZA
Harmony Gold Mining Company Ltd
JSE:HAR
216B ZAR
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CN
Zijin Mining Group Co Ltd
SSE:601899
986B CNY
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US
Newmont Corporation
NYSE:NEM
118B USD
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AU
Greatland Gold PLC
ASX:GGP
158.9B AUD
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CA
Agnico Eagle Mines Ltd
TSX:AEM
130.6B CAD
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CA
Barrick Gold Corp
TSX:ABX
102B CAD
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CA
Barrick Mining Corp
F:ABR0
63.6B EUR
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HK
Zijin Gold International Co Ltd
HKEX:2259
565.7B HKD
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Market Distribution

Higher than 81% of companies in Australia
Percentile
81th
Based on 3 951 companies
81th percentile
13.4%
Low
-14 949 200% — -526.4%
Typical Range
-526.4% — 6.1%
High
6.1% — 145 596.9%
Distribution Statistics
Australia
Min -14 949 200%
30th Percentile -526.4%
Median -25.2%
70th Percentile 6.1%
Max 145 596.9%

Westgold Resources Ltd
Glance View

Market Cap
6.4B AUD
Industry
Metals & Mining

In the vast, mineral-rich expanse of Western Australia's outback, Westgold Resources Ltd. has carved out its niche as a formidable player in the gold mining industry. Known for its strategic foresight, Westgold operates several gold mines in the renowned Eastern Goldfields region, an area celebrated for its abundant mineral deposits. The company's primary operations are consolidated within the Murchison and Bryah Basin regions, where they have honed extraction techniques to maximize efficiency and output. By leveraging cutting-edge technology and environmentally conscious practices, Westgold prides itself on steadily increasing production while minimizing impact, highlighting a balance that appeals to both investors and environmentalists alike. Central to Westgold's business model is the full-spectrum approach to mining operations. Unlike companies that solely focus on extraction, Westgold manages its entire supply chain, from exploration and development through to mining and processing. This holistic grasp allows the company to control costs better and maintain quality assurance throughout the production cycle. The gold extracted from their operations is processed into bullion, which is then sold on the global market, subject to price fluctuations influenced by a myriad of global economic factors. Through this comprehensive management, Westgold Resources not only ensures a steady revenue stream but also positions itself as a resilient entity capable of weathering the cyclical nature of the commodities market.

WGX Intrinsic Value
HIDDEN
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
13.4%
=
Operating Income
AU$181.9m
/
Revenue
AU$1.4B
What is Westgold Resources Ltd's current Operating Margin?

The current Operating Margin for Westgold Resources Ltd is 13.4%, which is below its 3-year median of 14.2%.

How has Operating Margin changed over time?

Over the last 3 years, Westgold Resources Ltd’s Operating Margin has increased from 4.3% to 13.4%. During this period, it reached a low of -2.5% on Dec 31, 2022 and a high of 18.8% on Sep 30, 2024.

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