West African Resources Posts A$567m Profit as Kiaka Ramp-Up Boosts 2025 Results

West African Resources Ltd ( (AU:WAF) ) has provided an announcement.

West African Resources reported a strong 2025 financial performance, generating A$1.54 billion in revenue, A$808 million profit before tax, and A$567 million net profit after tax. The company produced 300,383 ounces of gold at an all-in sustaining cost of US$1,488 per ounce, sold 280,065 ounces at an average price of US$3,525 per ounce, and ended the year with A$584 million in cash, 27,095 ounces of unsold bullion, and net assets of A$1.76 billion.

Operationally, West African Resources met key objectives including on-budget construction and ramp-up of the Kiaka gold production centre, continued high-margin output from Sanbrado, and the rollout of an owner-mining model for open pits, all while recording no significant health or safety incidents. Management highlighted that the combination of two large, long-life production centres and heavy exploration spend in 2025 positions the company for stronger revenue and cash flows and an updated reserves, resources, and 10-year production target, reinforcing its growth profile in the gold mining sector.

The most recent analyst rating on (AU:WAF) stock is a Buy with a A$5.00 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 Ltd is an unhedged gold mining company listed on the ASX, focused on large, long-life gold production in West Africa. Its key operations include the Sanbrado mine and the newly constructed Kiaka gold production centre, with the group pursuing an owner-mining model for its open pit operations to enhance margins and operational control.

YTD Price Performance: -5.67%

Average Trading Volume: 9,061,413

Technical Sentiment Signal: Buy

Current Market Cap: A$3.23B

For detailed information about WAF stock, go to TipRanks’ Stock Analysis page.