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West African Resources Corrects Gold Bullion Valuation in Quarterly Report

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West African Resources Ltd ( (AU:WAF) ) has issued an update.

West African Resources Limited announced a correction to their Quarterly Activities Report, clarifying that the unsold gold bullion at the end of Q1 was valued at US$43 million, not A$43 million as previously stated. This amendment highlights the company’s significant gold reserves, potentially impacting market perceptions and stakeholder interests.

More about West African Resources Ltd

West African Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and production in West Africa.

YTD Price Performance: 51.09%

Average Trading Volume: 14,979

Technical Sentiment Signal: Sell

Current Market Cap: $1.67B

Learn more about WAF stock on TipRanks’ Stock Analysis page.

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