- Price is above Fair Value, showing premium demand versus the model.
- Volume is elevated versus the 13-week average, confirming attention.
- Latest weekly return ranks in the strongest part of its sector group.
WGX
ASX
Week ended 07 Aug 2026
Weekly Investor Report
Westgold Resources Limited · Basic Materials · Gold
Latest close
5.67 AUD
19.9%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is -2.3% below the Trend Line and sits at 52.5% of its 52-week range. The latest completed week returned 19.9%, after a 19.1% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is expensive relative to peers. The latest news-sentiment score is 51/100.
Setup score
47
out of 100
Latest Close
5.67 AUD
7 Aug 2026
1W Return
19.9%
latest completed week
4W Return
19.1%
short-term follow-through
12W Return
7.2%
quarterly tape
Trend Breadth
61.5%
32 of 52 weeks active
Volume Ratio
1.6x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Price is below the Trend Line, which keeps downside pressure in focus.
- Activity pressure is negative, which weakens the current setup.
- Activity pressure is weak, so confirmation is not yet broad enough.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
19.9%
Latest completed week; four-week move 19.1%.
Indicator stack
34/43
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
51/100
29 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is -2.3% below the Trend Line and sits at 52.5% of its 52-week range. The latest completed week returned 19.9%, after a 19.1% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.6x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.0312-week average 0.13
12-week confirmation
Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership1/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.03Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 19.1% over four weeks, 7.2% over 12 weeks, and 85.6% over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year32
Trend breadth61.5%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-0.58Latest activity-pressure read.
Pressure change47.5%Four-week change in activity pressure.
Leadership-2.42Latest relative-leadership reading.
RS change78.7%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is expensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 30 Jun 2024
Field coverage 85%
Model confidence 25%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength45/100Blend of value, momentum, and quality. Underlying universe rank 56; rank 1 is best.
Value2/100Relative valuation strength. Underlying universe rank 99; rank 1 is best.
Quality89/100Profitability and accounting quality. Underlying universe rank 12; rank 1 is best.
Momentum97/100Medium-term price momentum. Underlying universe rank 4; rank 1 is best.
Growth97/100Revenue and earnings growth. Underlying universe rank 4; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Value-quality framework19/100Value and quality alignment from the Sharemaestro SVQF framework.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 56.3x Price divided by trailing earnings.
- Price / sales
- 7.5x Market value relative to trailing revenue.
- EV / EBITDA
- 27.9x Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 1.5% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- 27.9% Gross profit retained from each unit of revenue.
- Operating margin
- 18.1% Operating profit retained from revenue.
- Free-cash-flow margin
- 11.0% Free cash flow generated from revenue.
- Return on invested capital
- 19.0% Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 9.5% Latest one-year revenue growth.
- EPS growth
- 852.0% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 784.5% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 4/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 0.5% Cash dividends relative to market value.
- Buyback yield
- 0.0% Net share repurchases relative to market value.
- Shareholder yield
- 0.5% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- -1.0x Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment51/100
Weighted news tone is neutral across 29 relevant articles.
7 positive · 19 neutral · 3 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-30.5%Distance below the 52-week high.
13-week volatility7.5%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher13 of 2613 weeks finished lower.
Best week+19.9%Week of 7 Aug.
Worst week-14.8%Week of 20 Mar.
Latest week+19.9%Week of 7 Aug.
Shape of recent returns
Strong gains9
Modest gains4
Flat weeks0
Modest losses3
Sharp losses10
Recent vol7.5%13-week weekly-return volatility.
Base vol8.2%52-week weekly-return volatility.
Up/down split31/21Count of positive and negative weeks in the 52-week window.
Average skew6.8% / -6.3%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorAU Basic Materials
4-week rank19 / 100
Group average7.2%
Trend breadth21.0%
Trend21.0%active weekly trend signals
MD27.0%positive activity pressure
RS52.0%positive relative leadership
Four-week leaders
IndustryAU Gold
4-week rank20 / 100
Group average5.5%
Trend breadth6.0%
Trend6.0%active weekly trend signals
MD17.0%positive activity pressure
RS30.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape39/100
Trend, activity pressure, participation, and risk combine to a 39/100 tape read.
Indicator analysis10/100Latest 12-week confirmation: trend 0/12, activity pressure 0/12, relative leadership 1/12.
Activity pressure 0.03; No reversal markers Factors57/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 64 SVQF19/100Value and quality alignment from the Sharemaestro SVQF framework.
Composite rank 209.0 of 257 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment51/100Weighted news tone is neutral across 29 relevant articles.
Westgold Resources (ASX:WGX) After Its Operational Update Is The Valuation Upside Still There Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 5.67 AUD | 19.9% | 5.81 AUD | 3.48 AUD | -0.58 | -2.42 | 20.3M | Off |
| 31 Jul 2026 | 4.73 AUD | 2.4% | 5.83 AUD | 3.45 AUD | -1.10 | -15.31 | 11.3M | Off |
| 24 Jul 2026 | 4.62 AUD | 6.2% | 5.88 AUD | 3.43 AUD | -1.14 | -14.72 | 21.1M | Off |
| 17 Jul 2026 | 4.35 AUD | -8.6% | 5.95 AUD | 3.41 AUD | -1.18 | -19.37 | 11.0M | Off |
| 10 Jul 2026 | 4.76 AUD | -6.3% | 6.01 AUD | 3.40 AUD | -1.10 | -11.36 | 10.6M | Off |
| 3 Jul 2026 | 5.08 AUD | 5.2% | 6.05 AUD | 3.38 AUD | -1.19 | -5.14 | 4.4M | Off |
| 26 Jun 2026 | 4.83 AUD | -3.6% | 6.08 AUD | 3.35 AUD | -1.34 | -8.27 | 2.6M | Off |
| 19 Jun 2026 | 5.01 AUD | 5.3% | 6.12 AUD | 3.33 AUD | -1.40 | -4.88 | 10.6M | Off |
| 12 Jun 2026 | 4.76 AUD | -2.7% | 6.14 AUD | 3.31 AUD | -1.47 | -8.71 | 5.2M | Off |
| 5 Jun 2026 | 4.89 AUD | -4.7% | 6.17 AUD | 3.29 AUD | -1.40 | -3.78 | 4.2M | Off |
| 29 May 2026 | 5.13 AUD | 3.4% | 6.19 AUD | 3.26 AUD | -1.31 | 0.37 | 18.9M | Off |
| 22 May 2026 | 4.96 AUD | -6.2% | 6.20 AUD | 3.24 AUD | -1.31 | -1.38 | 21.9M | Off |
| 15 May 2026 | 5.29 AUD | -5.5% | 6.20 AUD | 3.22 AUD | -1.26 | 6.33 | 19.4M | Off |
| 8 May 2026 | 5.60 AUD | 4.5% | 6.22 AUD | 3.20 AUD | -1.18 | 12.26 | 23.7M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.