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Macquarie Reaffirms Their Buy Rating on West African Resources Ltd (WFRSF)

West African Resources Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $1.12.

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The company has a one-year high of $1.15 and a one-year low of $0.57. Currently, West African Resources Ltd has an average volume of 7,897.

Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WFRSF in relation to earlier this year.

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West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group’s mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The company operates in two segments: Mining operations and Exploration.

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