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Toronto Stock Exchange · Basic Materials

Invest in Westgold Resources stock from India

Indian and foreign residents can buy Westgold Resources (WGX) shares directly through Paasa.

By Paasa · Updated

Westgold Resources at a glance

Price
CA$5.37+CA$0.25 (4.88%)
Market cap
CA$5.07B
Day range
CA$5.22 – CA$5.38
P/E
11.36
Dividend yield
1.87%
Volume
80.83K
1 month
-16.22%
6 months
+2.68%
YTD
-6.93%
1 year
+32.92%
5 years
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Live chart and statistics

Westgold Resources statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueA$2.4BA$1.4BA$716.5MA$654.4MA$647.6M
Gross profitA$874.9MA$237.0MA$199.9MA$74.8MA$92.0M
Operating incomeA$765.8MA$229.4MA$129.4MA$5.4MA$14.2M
Net incomeA$442.8MA$35.1MA$95.2MA$10.0M−A$111.1M
Earnings per shareA$0.47A$0.04A$0.13A$0.02−A$0.25
EBITDAA$1.1BA$503.0MA$185.5MA$69.4M−A$93.0M
Total assetsA$3.8BA$3.2BA$1.1BA$813.3MA$827.2M
Total debtA$138.8MA$148.7MA$75.9MA$41.6MA$63.3M
Cash and short-term investmentsA$733.7MA$242.6MA$236.0MA$176.4MA$182.7M
Shareholders' equityA$2.4BA$2.0BA$691.8MA$598.3MA$587.8M
Operating cash flowA$963.0MA$360.5MA$351.7MA$168.4MA$179.9M
Free cash flowA$582.7MA$64.1MA$78.7MA$8.9M−A$26.6M
Capital expenditure−A$380.2M−A$296.4M−A$273.1M−A$159.5M−A$206.5M

Fiscal years as reported, the latest ending 30 Jun 2026. Figures in AUD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
DPM MetalsDPM.TOCA$63.48CA$13.37B
Perseus MiningPRU.TOCA$6.46CA$8.57B
K92 MiningKNT.TOCA$28.16CA$6.90B
Torex Gold ResourcesTXG.TOCA$69.68CA$6.50B
Centerra GoldCG.TOCA$31.25CA$6.11B
NGEx MineralsNGEX.TOCA$24.97CA$5.41B
Orla MiningOLA.TOCA$13.46CA$5.05B
Sandstorm GoldSSL.TOCA$16.15CA$4.73B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Westgold Resources from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.

  3. Step 3

    Search WGX and buy

    Find Westgold Resources by name or by its ticker, WGX, and place your order.

Why invest in Westgold Resources from India

What Westgold Resources does

Westgold Resources Limited is an Australian company primarily engaged in the exploration, development, extraction, and processing of gold and other mineral resources, predominantly located in Western Australia. The company's operations are divided into key segments, including Bryah Operations, Murchison Operations, and additional ventures. Westgold Resources operates in the Gold industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Westgold Resources stock from India?

Yes. Indian residents and NRIs can buy Westgold Resources (WGX) shares directly through Paasa. Westgold Resources is listed on the Toronto Stock Exchange, in the Gold industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Westgold Resources dividends taxed for Indian investors?

Westgold Resources trades on the Toronto Stock Exchange but is domiciled in Australia, so any withholding on its dividends follows that country's rules rather than those of Canada. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Westgold Resources shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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