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West African Resources Ltd ( (AU:WAF) ) has provided an update.
West African Resources Limited has updated the market on the timing of an expected announcement related to a decree issued by the Burkina Faso government concerning a potential additional 25% acquisition in the share capital of its subsidiary Kiaka SA. The company stated that the detailed announcement is being finalised and is scheduled for release before the start of normal ASX trading on 21 April 2026, signalling a potentially material change in its ownership structure in Burkina Faso and an important development for investors monitoring its asset base and country risk exposure.
The most recent analyst rating on (AU:WAF) stock is a Buy with a A$6.70 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 listed on the ASX under the ticker WAF. The company operates in West Africa, with its activities including ownership and development of gold mining assets such as its subsidiary Kiaka SA in Burkina Faso.
YTD Price Performance: 17.00%
Average Trading Volume: 9,741,242
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.01B
See more data about WAF stock on TipRanks’ Stock Analysis page.