
Westgold Resources beats annual guidance with 387,354 ounces
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- FY26 gold production exceeded company guidance at 387,354 ounces.
- Quarterly underlying cash build reached $233 million while maintaining zero debt.
- Divestment of non-core assets completed ahead of August financial results and updated outlook.
Westgold Resources (ASX:WGX) produced 387,354 ounces of gold in FY26 to surpass its annual guidance range.
The miner maintained full-year all-in sustaining costs within target levels at $2,841 per ounce.
During the fourth quarter, the business generated $233 million in underlying cash build before growth investments.
Westgold completed its non-core divestments after selling the Peak Hill and Chalice gold projects during the year.
The business stated that it remains debt-free and fully unhedged while continuing its share buyback programme.
Following the announcement, the Westgold Resources share price was down at $4.57.
The company stated that full-year financial results and updated multi-year guidance will be released in August.