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West African Resources ASX:WAF Stock Report

Last Price

AU$1.48

Market Cap

AU$1.7b

7D

7.2%

1Y

79.4%

Updated

21 Nov, 2024

Data

Company Financials +

West African Resources Limited

ASX:WAF Stock Report

Market Cap: AU$1.7b

West African Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for West African Resources
Historical stock prices
Current Share PriceAU$1.48
52 Week HighAU$1.87
52 Week LowAU$0.80
Beta1.08
11 Month Change-13.70%
3 Month Change1.02%
1 Year Change79.39%
33 Year Change13.85%
5 Year Change274.68%
Change since IPO516.67%

Recent News & Updates

The Market Lifts West African Resources Limited (ASX:WAF) Shares 28% But It Can Do More

Nov 06
The Market Lifts West African Resources Limited (ASX:WAF) Shares 28% But It Can Do More

Market Cool On West African Resources Limited's (ASX:WAF) Earnings

Sep 18
Market Cool On West African Resources Limited's (ASX:WAF) Earnings

Recent updates

The Market Lifts West African Resources Limited (ASX:WAF) Shares 28% But It Can Do More

Nov 06
The Market Lifts West African Resources Limited (ASX:WAF) Shares 28% But It Can Do More

Market Cool On West African Resources Limited's (ASX:WAF) Earnings

Sep 18
Market Cool On West African Resources Limited's (ASX:WAF) Earnings

A Look At The Fair Value Of West African Resources Limited (ASX:WAF)

Jun 28
A Look At The Fair Value Of West African Resources Limited (ASX:WAF)

Is West African Resources (ASX:WAF) A Risky Investment?

May 03
Is West African Resources (ASX:WAF) A Risky Investment?

West African Resources Limited's (ASX:WAF) Shares Leap 35% Yet They're Still Not Telling The Full Story

Apr 10
West African Resources Limited's (ASX:WAF) Shares Leap 35% Yet They're Still Not Telling The Full Story

Sentiment Still Eluding West African Resources Limited (ASX:WAF)

Feb 05
Sentiment Still Eluding West African Resources Limited (ASX:WAF)

West African Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 30
West African Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Here's Why West African Resources (ASX:WAF) Can Manage Its Debt Responsibly

Apr 14
Here's Why West African Resources (ASX:WAF) Can Manage Its Debt Responsibly

With EPS Growth And More, West African Resources (ASX:WAF) Makes An Interesting Case

Jan 13
With EPS Growth And More, West African Resources (ASX:WAF) Makes An Interesting Case

We Think West African Resources (ASX:WAF) Can Stay On Top Of Its Debt

Dec 08
We Think West African Resources (ASX:WAF) Can Stay On Top Of Its Debt

Do West African Resources' (ASX:WAF) Earnings Warrant Your Attention?

Aug 29
Do West African Resources' (ASX:WAF) Earnings Warrant Your Attention?

There's No Escaping West African Resources Limited's (ASX:WAF) Muted Earnings

Jul 29
There's No Escaping West African Resources Limited's (ASX:WAF) Muted Earnings

Should You Be Adding West African Resources (ASX:WAF) To Your Watchlist Today?

May 25
Should You Be Adding West African Resources (ASX:WAF) To Your Watchlist Today?

Is Now The Time To Put West African Resources (ASX:WAF) On Your Watchlist?

Feb 23
Is Now The Time To Put West African Resources (ASX:WAF) On Your Watchlist?

Is West African Resources (ASX:WAF) Using Too Much Debt?

Dec 16
Is West African Resources (ASX:WAF) Using Too Much Debt?

A Look At The Intrinsic Value Of West African Resources Limited (ASX:WAF)

Oct 31
A Look At The Intrinsic Value Of West African Resources Limited (ASX:WAF)

Should You Be Adding West African Resources (ASX:WAF) To Your Watchlist Today?

Sep 21
Should You Be Adding West African Resources (ASX:WAF) To Your Watchlist Today?

Why The 50% Return On Capital At West African Resources (ASX:WAF) Should Have Your Attention

Jun 18
Why The 50% Return On Capital At West African Resources (ASX:WAF) Should Have Your Attention

We Think Shareholders Will Probably Be Generous With West African Resources Limited's (ASX:WAF) CEO Compensation

May 07
We Think Shareholders Will Probably Be Generous With West African Resources Limited's (ASX:WAF) CEO Compensation

West African Resources' (ASX:WAF) Promising Earnings May Rest On Soft Foundations

Apr 02
West African Resources' (ASX:WAF) Promising Earnings May Rest On Soft Foundations

Shareholders Are Raving About How The West African Resources (ASX:WAF) Share Price Increased 829%

Feb 25
Shareholders Are Raving About How The West African Resources (ASX:WAF) Share Price Increased 829%

Shareholder Returns

WAFAU Metals and MiningAU Market
7D7.2%-0.9%1.5%
1Y79.4%-12.8%17.2%

Return vs Industry: WAF exceeded the Australian Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: WAF exceeded the Australian Market which returned 17.2% over the past year.

Price Volatility

Is WAF's price volatile compared to industry and market?
WAF volatility
WAF Average Weekly Movement8.9%
Metals and Mining Industry Average Movement10.9%
Market Average Movement8.6%
10% most volatile stocks in AU Market17.3%
10% least volatile stocks in AU Market3.4%

Stable Share Price: WAF has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: WAF's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006729Richard Hydewww.westafricanresources.com

West African Resources Limited engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. The company has 90% interests in the Sanbrado Gold Project located in Burkina Faso; and Kiaka gold project located in Burkina Faso. It also holds 100% owned exploration license in the Toega Gold Project located in Burkina Faso.

West African Resources Limited Fundamentals Summary

How do West African Resources's earnings and revenue compare to its market cap?
WAF fundamental statistics
Market capAU$1.70b
Earnings (TTM)AU$154.70m
Revenue (TTM)AU$695.96m

10.9x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAF income statement (TTM)
RevenueAU$695.96m
Cost of RevenueAU$395.58m
Gross ProfitAU$300.38m
Other ExpensesAU$145.69m
EarningsAU$154.70m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin43.16%
Net Profit Margin22.23%
Debt/Equity Ratio37.0%

How did WAF perform over the long term?

See historical performance and comparison