Want to see AU:WAF full AI Analyst Report?
WAF Stock Chart & Stats
AU$2.80
AU$0.14(5.00%)
At close: 4:00 PM EDT
AU$2.80
AU$0.14(5.00%)
Day’s Range― - ―
52-Week RangeAU$2.51 - AU$3.97
Previous CloseN/A
Volume2.42M
Average Volume (3M)9.26M
Market Cap
AU$3.98B
Enterprise ValueAU$3.34K
Total Cash (Recent Filing)AU$592.00M
Total Debt (Recent Filing)AU$453.10M
Price to Earnings (P/E)6.2
Beta1.05
Next Earnings
Aug 31, 2026EPS Estimate
0.97Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.54
Shares Outstanding1,143,753,000
10 Day Avg. Volume9,733,267
30 Day Avg. Volume9,255,588
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)1.99
Price to Sales (P/S)2.23
P/FCF Ratio11.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$4.70Price Target Upside67.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.85
Revenue Forecast (FY)AU$2.92B
Bulls Say, Bears Say
Bulls Say
Strong Revenue Growth & ProfitabilitySustained high revenue growth and healthy margins imply robust earnings power and reinvestment capacity. Over a multi‑month horizon this underpins ability to fund development, service debt and expand operations, reducing structural risk versus weaker margin peers if production holds.
Low Cost Per Ounce (AISC)Relatively low AISC creates a durable competitive margin buffer versus peers, supporting profitability through commodity cycles. This cost advantage enhances cash‑generation potential and funds capex and exploration without immediate dependence on external financing when prices moderate.
Exploration Upside & Reserve ExtensionMeaningful high‑grade drill results and open‑ended mineralisation support potential reserve growth and longer mine life. That structural resource upside can raise future production optionality, spread fixed costs and improve long‑term cash flows if converted into reserves and successfully developed.
Bears Say
Volatile Free Cash Flow & Heavy CapexIntermittent negative free cash flow and large near‑term capex reduce financial flexibility and increase reliance on operating performance or funding. Persisting volatility can constrain dividends, buybacks or rapid debt reduction and raises execution risk if gold prices or grades weaken.
Operational Power Risk At KiakaDependence on temporary diesel generation and the need to deliver an HFO plant create sustained operating cost and execution risk. Higher fuel costs and complexity erode margins and raise the chance of production disruption until a reliable, lower‑cost power solution is in place.
Political/royalty Uncertainty In Burkina FasoUnresolved government negotiations create sovereign and fiscal risk that can structurally change project economics via higher royalties or equity claims. This long‑lived uncertainty can deter reinvestment, complicate long‑term planning and materially reduce future free cash generation.
West African Resources Ltd News
WAF FAQ
What was West African Resources Ltd’s price range in the past 12 months?
West African Resources Ltd lowest share price was AU$2.51 and its highest was AU$3.97 in the past 12 months.
What is West African Resources Ltd’s market cap?
West African Resources Ltd’s market cap is AU$3.98B.
When is West African Resources Ltd’s upcoming earnings report date?
West African Resources Ltd’s upcoming earnings report date is Aug 31, 2026 which is in 16 days.
How were West African Resources Ltd’s earnings last quarter?
West African Resources Ltd released its earnings results on Mar 16, 2026. The company reported AU$0.253 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is West African Resources Ltd overvalued?
According to Wall Street analysts West African Resources Ltd’s price is currently Undervalued.
Does West African Resources Ltd pay dividends?
West African Resources Ltd does not currently pay dividends.
What is West African Resources Ltd’s EPS estimate?
West African Resources Ltd’s EPS estimate is 0.97.
How many shares outstanding does West African Resources Ltd have?
West African Resources Ltd has 1,143,753,000 shares outstanding.
What happened to West African Resources Ltd’s price movement after its last earnings report?
West African Resources Ltd reported an EPS of AU$0.253 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 5.755%.
Which hedge fund is a major shareholder of West African Resources Ltd?
Currently, no hedge funds are holding shares in AU:WAF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
West African Resources Ltd Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$4.70 (67.86% Upside)
AU$4.70 (67.86% Upside)
Blogger Sentiment
Bullish
AU:WAF Sentiment 72%
Sector Average 64%
Sector Average 64%
Insider Transactions
Sold Shares
Worth AU$391.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
87.30%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
48.14%
Trailing 12-Months
Company Description
West African Resources Ltd
West African Resources Limited engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. The company has 85% interests in the Sanbrado Gold and Kiaka Gold projects located in Burkina Faso. It also holds interests in the Toega Gold Project located in Burkina Faso. The company was incorporated in 2006 and is based in Subiaco, Australia.
WAF Stock 12 Month Forecast
Average Price Target
AU$4.70
▲(67.86% Upside)
Technical Analysis
Perseus Mining
―
Resolute Mining
―
Regis Resources Limited
―
Westgold Resources
―
Orezone Gold Corporation Registered Shs
―






