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WAF Stock Chart & Stats
AU$3.80
AU$0.14(5.00%)
At close: 4:00 PM EDT
AU$3.80
AU$0.14(5.00%)
Day’s Range― - ―
52-Week RangeAU$2.51 - AU$4.06
Previous CloseN/A
Volume2.42M
Average Volume (3M)5.16M
Market Cap
AU$3.98B
Enterprise ValueAU$2.64K
Total Cash (Recent Filing)AU$885.10M
Total Debt (Recent Filing)AU$411.20M
Price to Earnings (P/E)4.1
Beta0.88
Next Earnings
Mar 24, 2027EPS Estimate
0.39Next Dividend Ex-DateN/A
Dividend Yield5.68%
Share Statistics
EPS (TTM)0.84
Shares Outstanding1,144,953,900
10 Day Avg. Volume5,363,605
30 Day Avg. Volume5,164,466
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)1.99
Price to Sales (P/S)2.23
P/FCF Ratio11.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$4.73Price Target Upside24.56% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.67
Revenue Forecast (FY)AU$2.89B
Bulls Say, Bears Say
Bulls Say
Accelerating Revenue And ProfitabilityRapid revenue growth alongside strong gross and net margins indicates that production expansion is translating into substantial earnings. If operating performance remains sound, the stronger earnings base can support debt reduction, reinvestment and improved resilience across the next several quarters.
Kiaka Ramp-up Expands Production CapacityKiaka’s successful ramp-up adds a meaningful second production engine and reduces reliance on Sanbrado alone. Improving costs as output scales, together with planned throughput capacity above 10 Mtpa when fully powered, creates a durable platform for production growth and operating leverage.
Strong Liquidity And Improving Balance SheetMeaningful equity growth and moderate leverage provide financial capacity as the company develops Toega and completes Kiaka investment. This balance-sheet position should help WAF fund operations and reduce debt without relying solely on external financing, provided cash generation remains strong.
Bears Say
Volatile Free Cash FlowUneven free cash generation reduces the predictability of internally funded growth and capital returns. Although operating cash flow strengthened substantially in 2025, heavy reinvestment or working-capital swings can constrain flexibility, especially while Kiaka, Toega and debt obligations require continued funding.
Kiaka Power Reliability And Cost RiskUnreliable grid power can interrupt Kiaka’s throughput and make production costs more complex until diesel backup and the planned HFO solution are fully implemented. Delays or persistent instability could limit the mine’s ability to reach its stated processing capability and expected cost improvements.
Unresolved Burkina Faso Ownership And Royalty DiscussionsPotential changes to Kiaka ownership or government economics could alter WAF’s share of future cash flows and affect capital allocation decisions. The unresolved negotiations add sovereign and execution uncertainty to a core growth asset, making long-term project benefits less predictable until terms are settled.
West African Resources Ltd News
WAF FAQ
What was West African Resources Ltd’s price range in the past 12 months?
West African Resources Ltd lowest share price was AU$2.51 and its highest was AU$4.06 in the past 12 months.
What is West African Resources Ltd’s market cap?
West African Resources Ltd’s market cap is AU$3.98B.
When is West African Resources Ltd’s upcoming earnings report date?
West African Resources Ltd’s upcoming earnings report date is Mar 24, 2027 which is in 173 days.
How were West African Resources Ltd’s earnings last quarter?
West African Resources Ltd released its earnings results on Sep 09, 2026. The company reported AU$0.919 earnings per share for the quarter.
Is West African Resources Ltd overvalued?
According to Wall Street analysts West African Resources Ltd’s price is currently Undervalued.
Does West African Resources Ltd pay dividends?
West African Resources Ltd pays a Notavailable dividend of AU$0.2 which represents an annual dividend yield of 5.68%. See more information on West African Resources Ltd dividends here
What is West African Resources Ltd’s EPS estimate?
West African Resources Ltd’s EPS estimate is 0.39.
How many shares outstanding does West African Resources Ltd have?
West African Resources Ltd has 1,144,953,900 shares outstanding.
What happened to West African Resources Ltd’s price movement after its last earnings report?
West African Resources Ltd reported an EPS of AU$0.919 in its last earnings report. Following the earnings report the stock price went up 2.904%.
Which hedge fund is a major shareholder of West African Resources Ltd?
Currently, no hedge funds are holding shares in AU:WAF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
West African Resources Ltd Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$4.73 (24.56% Upside)
AU$4.73 (24.56% Upside)
Blogger Sentiment
Bullish
AU:WAF Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth AU$846.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
80.08%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
44.73%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
West African Resources Ltd
West African Resources Limited engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. The company has 85% interests in the Sanbrado Gold and Kiaka Gold projects located in Burkina Faso. It also holds interests in the Toega Gold Project located in Burkina Faso. The company was incorporated in 2006 and is based in Subiaco, Australia.
WAF Stock 12 Month Forecast
Average Price Target
AU$4.73
▲(24.56% Upside)
Technical Analysis
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