Westgold Resources Limited to Issue Interim Dividend of $0.02 (ASX:WGX)

Westgold Resources Limited (ASX:WGX) declared a interim dividend on Monday, September 27th, MarketIndexAU reports. Shareholders of record on Thursday, October 14th will be given a dividend of 0.02 per share on Thursday, October 14th. This represents a yield of 1.2%. The ex-dividend date is Wednesday, September 29th.

The company has a debt-to-equity ratio of 7.42, a current ratio of 1.88 and a quick ratio of 1.34.

In related news, insider Peter Cook acquired 69,936 shares of the company’s stock in a transaction on Wednesday, June 30th. The shares were purchased at an average price of A$1.88 ($1.34) per share, for a total transaction of A$131,479.68 ($93,914.06).

Westgold Resources Company Profile

Westgold Resources Limited engages in the exploration, development, mining, and treatment of gold assets primarily in Western Australia. The company's assets include the Meekatharra Gold Operations, Fortnum Gold Operations, and Cue Gold Operations that comprise approximately 350 mining titles covering an area of 124,000 hectares in the Central Murchison region.

See Also: Cash Flow

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