company background image
WAF

West African Resources ASX:WAF Stock Report

Last Price

AU$1.14

Market Cap

AU$1.2b

7D

-13.0%

1Y

7.0%

Updated

29 Jan, 2023

Data

Company Financials +

West African Resources Limited

ASX:WAF Stock Report

Mkt Cap: AU$1.2b

WAF Stock Overview

West African Resources Limited engages in the acquisition, exploration, and development of gold projects in West Africa.

WAF fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

My Notes

New

Notes are coming soon

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$1.14
52 Week HighAU$1.44
52 Week LowAU$0.94
Beta0.90
1 Month Change-2.98%
3 Month Change9.62%
1 Year Change7.04%
3 Year Change140.00%
5 Year Change165.12%
Change since IPO375.00%

Recent News & Updates

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

Recent updates

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
7D-13.0%0.4%0.6%
1Y7.0%9.3%3.5%

Return vs Industry: WAF underperformed the Australian Metals and Mining industry which returned 9.3% over the past year.

Return vs Market: WAF exceeded the Australian Market which returned 3.5% over the past year.

Price Volatility

Is WAF's price volatile compared to industry and market?
WAF volatility
WAF Average Weekly Movement7.5%
Metals and Mining Industry Average Movement10.4%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.7%
10% least volatile stocks in AU Market3.5%

Stable Share Price: WAF is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: WAF's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aRichard Hydehttps://www.westafricanresources.com

West African Resources Limited engages in the acquisition, exploration, and development of gold projects in West Africa. The company has 90% interests in the Sanbrado Gold Project covering an area of 116 square kilometers located in Burkina Faso; and Kiaka gold project located in Burkina Faso. It also holds 100% 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$1.17b
Earnings (TTM)AU$218.50m
Revenue (TTM)AU$767.69m

5.3x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WAF income statement (TTM)
RevenueAU$767.69m
Cost of RevenueAU$326.35m
Gross ProfitAU$441.34m
Other ExpensesAU$222.84m
EarningsAU$218.50m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.21
Gross Margin57.49%
Net Profit Margin28.46%
Debt/Equity Ratio12.2%

How did WAF perform over the long term?

See historical performance and comparison