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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$3.97
Previous CloseN/A
Volume2.42M
Average Volume (3M)4.47M
Market Cap
AU$4.40B
Enterprise ValueAU$3.34K
Total Cash (Recent Filing)AU$592.00M
Total Debt (Recent Filing)AU$453.10M
Price to Earnings (P/E)7.1
Beta1.02
Next Earnings
Mar 24, 2027EPS Estimate
0.39Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.54
Shares Outstanding1,143,753,000
10 Day Avg. Volume4,799,146
30 Day Avg. Volume4,467,401
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$4.70Price Target Upside23.68% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.85
Revenue Forecast (FY)AU$2.95B
Bulls Say, Bears Say
Bulls Say
Accelerating Production And RevenueSharp revenue growth alongside more than 300,000 ounces of 2025 production indicates stronger operating scale. Kiaka's ramp-up adds a second material source of output, supporting a broader production base over the next several months.
Low Operating Cost BaseA relatively low AISC provides substantial operating-cost headroom and supports resilient margins when production performs as planned. This cost position can strengthen cash generation and help fund mine development, debt reduction and exploration.
Growth Pipeline And Exploration UpsideToega and continued drilling create potential to extend mine life and increase future output beyond the current operating base. Mineralization open at depth and planned reserve recalculation could improve the company's long-term resource profile.
Bears Say
Kiaka Power Reliability RiskUnreliable grid power can constrain Kiaka throughput, increase fuel and maintenance costs, and complicate ramp-up execution. Until the planned HFO solution and grid stability are established, power remains a structural risk to cost and production consistency.
Burkina Faso Ownership And Royalty UncertaintyUnresolved ownership and fiscal negotiations create sovereign and governance uncertainty around Kiaka's economics. A higher government share or revised royalties could reduce WAF's attributable cash flow and weaken returns from its largest growth asset.
Volatile Free Cash Flow And High Capital NeedsHistorically uneven free cash flow and significant spending on Kiaka, Toega and debt service reduce financial flexibility. The company may need sustained operating performance to fund growth while avoiding higher leverage during weaker gold or production periods.
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$3.97 in the past 12 months.
What is West African Resources Ltd’s market cap?
West African Resources Ltd’s market cap is AU$4.40B.
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 198 days.
How were West African Resources Ltd’s earnings last quarter?
West African Resources Ltd released its earnings results on Aug 31, 2026. The company reported AU$0.97 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 does not currently pay dividends.
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 1,143,753,000 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$0.97 in its last earnings report. Following the earnings report the stock price went down -4.337%.
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$4.70 (23.68% Upside)
AU$4.70 (23.68% Upside)
Blogger Sentiment
Bullish
AU:WAF Sentiment 79%
Sector Average 61%
Sector Average 61%
Insider Transactions
Sold Shares
Worth AU$391.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.19%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
48.14%
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$4.70
▲(23.68% Upside)
Technical Analysis
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