Westgold Resources (ASX:WGX) reported Friday a loss per diluted share of AU$0.0515 for the fiscal second quarter, compared with earnings per diluted share of AU$0.0461 a year earlier.
Revenue for the three months ended Dec. 31, 2024, was AU$354.1 million, up from AU$182.9 million a year earlier. Analysts polled by Visible Alpha expected AU$349.6 million.
The mining company produced 80,886 ounces of gold during the quarter, compared with 59,238 ounces in the year-ago period.
For fiscal 2025, the company expects to produce 330,000 to 350,000 ounces of gold, supported by growth capital of an estimated AU$200 million.
The company's shares rose past 1% in recent Friday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.