What drove the WGX.AX stock jump after hours on 21 Jan 2026?

WGX.AX stock rose after Q2 FY26 results showed a **33.00%** production increase and a record cash build, improving near‑term cash flow expectations and prompting higher trading volume.

How does Westgold’s valuation look after the Q2 update for WGX.AX stock?

Valuation remains rich with a trailing PE of **171.75** and PB **3.08**; the premium reflects market expectations for earnings growth that must be sustained to justify the multiple.

What are Meyka AI’s price forecasts for WGX.AX stock?

Meyka AI projects a short‑term/base target **A$8.60**, a yearly projection **A$7.40**, and a 3‑year target **A$11.60**. Forecasts are model‑based and not guarantees.

Should investors buy WGX.AX stock after the Q2 results?

Meyka AI assigns a **B (62.59)** grade and suggests HOLD. Investors should weigh improved production and cash against high PE and gold price risk before adding exposure.

AU Stocks

WGX.AX Westgold (ASX) up 8.14% to A$7.51 after hours 21 Jan 2026: earnings lift

ByDanny Kontos January 21, 2026January 21, 2026

WGX.AX stock led the after‑hours move after Westgold Resources Limited posted Q2 FY26 results that showed a 33% rise in production and a record cash build, sending the share price to A$7.505 (up 8.14% intraday). The earnings presentation and call flagged stronger operating cash flow and higher output from Central Murchison assets, pushing volume to 4,834,421 shares traded. We break down the Q2 drivers, valuation metrics such as PE 171.75 and EPS A$0.04, and what the update means for price targets and near‑term trading on the ASX