company background image
WAF logo

West African Resources ASX:WAF Stock Report

Last Price

AU$1.30

Market Cap

AU$1.3b

7D

-2.3%

1Y

30.2%

Updated

25 Apr, 2024

Data

Company Financials +

West African Resources Limited

ASX:WAF Stock Report

Market Cap: AU$1.3b

WAF Stock Overview

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

WAF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends0/6

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$1.30
52 Week HighAU$1.43
52 Week LowAU$0.66
Beta1.05
1 Month Change14.10%
3 Month Change37.77%
1 Year Change30.15%
3 Year Change31.47%
5 Year Change338.98%
Change since IPO439.58%

Recent News & Updates

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

Recent updates

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
7D-2.3%-0.7%0.4%
1Y30.2%-1.7%6.0%

Return vs Industry: WAF exceeded the Australian Metals and Mining industry which returned -1.3% over the past year.

Return vs Market: WAF exceeded the Australian Market which returned 5.7% over the past year.

Price Volatility

Is WAF's price volatile compared to industry and market?
WAF volatility
WAF Average Weekly Movement7.9%
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

Stable Share Price: WAF's share price has been volatile over the past 3 months.

Volatility Over Time: WAF's weekly volatility (8%) 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$1.33b
Earnings (TTM)AU$146.87m
Revenue (TTM)AU$661.23m

9.1x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAF income statement (TTM)
RevenueAU$661.23m
Cost of RevenueAU$390.87m
Gross ProfitAU$270.35m
Other ExpensesAU$123.48m
EarningsAU$146.87m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin40.89%
Net Profit Margin22.21%
Debt/Equity Ratio16.2%

How did WAF perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.