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West African Resources Ltd ( (AU:WAF) ) has provided an announcement.
West African Resources Limited has announced its decision to align with the 2024 Burkina Faso Mining Code by increasing the State’s free-carried equity interest in its mining projects from 10% to 15%. This change follows discussions with various stakeholders and does not affect the company’s 2025 gold production guidance or the construction schedule of the Kiaka project, which remains on track.
The most recent analyst rating on (AU:WAF) stock is a Buy with a A$2.00 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 in Burkina Faso. The company focuses on gold production and has three operating projects: Sanbrado, Kiaka, and Toega.
Average Trading Volume: 4,333,151
Technical Sentiment Signal: Buy
Current Market Cap: A$3.17B
For an in-depth examination of WAF stock, go to TipRanks’ Stock Analysis page.