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West African Resources Ltd ( (AU:WAF) ) has shared an announcement.
West African Resources Limited reported a strong third quarter in 2025, with gold production totaling 92,721 ounces and sales of 75,892 ounces at an average price of US$3,396 per ounce. The company highlighted the performance of its Sanbrado and Kiaka operations, noting that Sanbrado produced 59,852 ounces at a sustaining cost of US$1,348 per ounce, while Kiaka contributed 32,869 ounces at a higher cost of US$1,921 per ounce. The transition of Kiaka from construction to operations phase is expected to reduce costs as full production is achieved. The company is also in discussions with the Burkina Faso government regarding potential changes in ownership of its Kiaka subsidiary.
The most recent analyst rating on (AU:WAF) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on West African Resources Ltd stock, see the AU:WAF Stock Forecast page.
More about West African Resources Ltd
West African Resources Limited is an unhedged gold mining company operating primarily in Burkina Faso. The company focuses on gold production and sales, with significant operations at its Sanbrado and Kiaka gold production centers.
YTD Price Performance: 111.85%
Average Trading Volume: 4,334,778
Technical Sentiment Signal: Buy
Current Market Cap: A$3.47B
For an in-depth examination of WAF stock, go to TipRanks’ Overview page.