WAF Stock Overview
Engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 6/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
West African Resources Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.49 |
| 52 Week High | AU$1.87 |
| 52 Week Low | AU$0.80 |
| Beta | 1.1 |
| 1 Month Change | 0.34% |
| 3 Month Change | -12.39% |
| 1 Year Change | 53.89% |
| 3 Year Change | 13.79% |
| 5 Year Change | 245.35% |
| Change since IPO | 518.75% |
Recent News & Updates
The Market Lifts West African Resources Limited (ASX:WAF) Shares 28% But It Can Do More
Nov 06
Market Cool On West African Resources Limited's (ASX:WAF) Earnings
Sep 18Recent updates
The Market Lifts West African Resources Limited (ASX:WAF) Shares 28% But It Can Do More
Nov 06Market Cool On West African Resources Limited's (ASX:WAF) Earnings
Sep 18A Look At The Fair Value Of West African Resources Limited (ASX:WAF)
Jun 28Is West African Resources (ASX:WAF) A Risky Investment?
May 03West African Resources Limited's (ASX:WAF) Shares Leap 35% Yet They're Still Not Telling The Full Story
Apr 10Sentiment Still Eluding West African Resources Limited (ASX:WAF)
Feb 05West African Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 30Here's Why West African Resources (ASX:WAF) Can Manage Its Debt Responsibly
Apr 14With EPS Growth And More, West African Resources (ASX:WAF) Makes An Interesting Case
Jan 13We Think West African Resources (ASX:WAF) Can Stay On Top Of Its Debt
Dec 08Do West African Resources' (ASX:WAF) Earnings Warrant Your Attention?
Aug 29There's No Escaping West African Resources Limited's (ASX:WAF) Muted Earnings
Jul 29Should You Be Adding West African Resources (ASX:WAF) To Your Watchlist Today?
May 25Is Now The Time To Put West African Resources (ASX:WAF) On Your Watchlist?
Feb 23Is West African Resources (ASX:WAF) Using Too Much Debt?
Dec 16A Look At The Intrinsic Value Of West African Resources Limited (ASX:WAF)
Oct 31Should You Be Adding West African Resources (ASX:WAF) To Your Watchlist Today?
Sep 21Why The 50% Return On Capital At West African Resources (ASX:WAF) Should Have Your Attention
Jun 18We Think Shareholders Will Probably Be Generous With West African Resources Limited's (ASX:WAF) CEO Compensation
May 07West African Resources' (ASX:WAF) Promising Earnings May Rest On Soft Foundations
Apr 02Shareholders Are Raving About How The West African Resources (ASX:WAF) Share Price Increased 829%
Feb 25Shareholder Returns
| WAF | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -7.5% | -5.2% | -2.7% |
| 1Y | 53.9% | -19.5% | 6.5% |
Return vs Industry: WAF exceeded the Australian Metals and Mining industry which returned -19.5% over the past year.
Return vs Market: WAF exceeded the Australian Market which returned 6.5% over the past year.
Price Volatility
| WAF volatility | |
|---|---|
| WAF Average Weekly Movement | 8.5% |
| Metals and Mining Industry Average Movement | 10.6% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in AU Market | 16.8% |
| 10% least volatile stocks in AU Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 729 | Richard Hyde | www.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
| WAF fundamental statistics | |
|---|---|
| Market cap | AU$1.69b |
| Earnings (TTM) | AU$154.70m |
| Revenue (TTM) | AU$695.96m |
10.9x
P/E Ratio2.4x
P/S RatioIs WAF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WAF income statement (TTM) | |
|---|---|
| Revenue | AU$695.96m |
| Cost of Revenue | AU$395.58m |
| Gross Profit | AU$300.38m |
| Other Expenses | AU$145.69m |
| Earnings | AU$154.70m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 43.16% |
| Net Profit Margin | 22.23% |
| Debt/Equity Ratio | 37.0% |
How did WAF perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
West African Resources Limited is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |
| Dale Koenders | Barrenjoey Markets Pty Limited |
| Duncan Hughes | Bell Potter |