Shaw and Partners Keeps Their Buy Rating on West African Resources Ltd (WFRSF)

Shaw and Partners analyst Kristian Stella maintained a Buy rating on West African Resources Ltd (WFRSFResearch Report) on August 8 and set a price target of AUD1.55. The company’s shares closed last Thursday at $0.98.

According to TipRanks, Stella is ranked #6130 out of 7951 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for West African Resources Ltd with a $1.10 average price target.

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WFRSF market cap is currently $1.01B and has a P/E ratio of 5.76.

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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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