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The latest announcement is out from West African Resources Ltd ( (AU:WAF) ).
West African Resources Limited has requested a trading halt on its securities as it prepares to announce a significant development involving the Burkina Faso government’s interest in acquiring an additional 35% stake in its subsidiary, Kiaka SA. This move could have substantial implications for the company’s operations and market positioning, as it involves the ownership of the Kiaka gold project.
The most recent analyst rating on (AU:WAF) stock is a Buy with a A$3.40 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 a company operating in the mining industry, primarily focused on gold exploration and production. It is known for its projects in West Africa, including the recently constructed Kiaka gold project.
Average Trading Volume: 5,361,619
Technical Sentiment Signal: Buy
Current Market Cap: A$3.31B
See more data about WAF stock on TipRanks’ Stock Analysis page.