In a report released today, Hugo Nicolaci from Goldman Sachs maintained a Buy rating on Westgold Resources, with a price target of A$6.35. The company’s shares closed last Friday at $3.50.
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Nicolaci covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Genesis Minerals Limited, and Greatland Resources. According to TipRanks, Nicolaci has an average return of 22.6% and a 69.23% success rate on recommended stocks.
In addition to Goldman Sachs, Westgold Resources also received a Buy from Petra Capital’s David Brennan in a report issued on October 7. However, on October 2, TR | OpenAI – 4o reiterated a Hold rating on Westgold Resources (Other OTC: WGXRF).
WGXRF market cap is currently $3.28B and has a P/E ratio of 140.00.
Read More on WGXRF:
Disclaimer & DisclosureReport an Issue
- Westgold Resources Releases Mineral Resource and Ore Reserve Estimates
- Westgold Resources Unveils Ambitious 3-Year Growth Plan
- Westgold Resources to Present 3-Year Outlook
- Westgold Resources Releases Investor Presentation Highlighting Strategic Direction
- New Murchison Gold Begins Production at Crown Prince Mine
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