Westgold Resources (ASX:WGX) has begun trading its shares on the OTCQX platform in the US under the ticker code (OTCQX:WGXRF).
The $909.35 million market capitalisation company says it has a growing North American investor base and OTCQX quotation provides investors with improved access to Westgold’s securities.
Managing Director Wayne Bramwell says the North American market has taken an interest in Westgold — an Australian gold company.
“The OTCQX quotation supports this growing interest and makes Westgold more readily accessible to a wider audience.”
According to Westgold, the OTCQX Best Market is the ‘highest’ tier of the OTC Markets Group’s platforms, on which 12,000 US and global securities trade.
Westgold Resources is a Western Australian-focused gold miner forecasting 240,000 and 260,000 ounces of gold production in FY2023.
As of 30 September 2023, the company had $217 million cash, bullion, and liquids at hand, according to its latest quarterly report.
Write to Aaliyah Rogan at Mining.com.au
Images: Westgold Resources
