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WAF Stock Chart & Stats
AU$3.44
AU$0.04(2.26%)
At close: 4:00 PM EST
AU$3.44
AU$0.04(2.26%)
Day’s Range― - ―
52-Week RangeAU$2.18 - AU$3.97
Previous CloseN/A
Volume2.37M
Average Volume (3M)9.26M
Market Cap
AU$3.09B
Enterprise ValueAU$3.47B
Total Cash (Recent Filing)AU$592.00M
Total Debt (Recent Filing)AU$453.10M
Price to Earnings (P/E)5.1
Beta0.91
Next Earnings
Aug 31, 2026EPS Estimate
1.02Next 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$4.73Price Target Upside37.60% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.87
Revenue Forecast (FY)AU$2.96B
Bulls Say, Bears Say
Bulls Say
Production Scale-up And DiversificationThe company has meaningfully scaled production with Sanbrado and the Kiaka ramp contributing to >300k oz in 2025. Durable higher output broadens the revenue base, creates operating scale, and reduces single-mine dependency, supporting sustainable cash generation and project funding over multi‑year horizons.
Strong Operating Cash Generation And LiquidityRobust operating cash flow and a substantial cash inventory provide durable funding for development (Toega, Kiaka optimisation) and allow management to prioritise debt reduction. This liquidity profile lowers refinancing risk and supports multi‑period capital programs without immediate reliance on capital markets.
Low Operating Costs (AISC) Supporting MarginsAISC materially below realised prices gives the business a strong margin buffer that is structural rather than transient. Sustainable low unit costs improve resilience to gold price cycles, enable reinvestment in exploration and projects, and support long-term profitability and competitiveness versus higher cost peers.
Bears Say
Free Cash Flow Volatility And InconsistencyInconsistent free cash flow reduces financial flexibility for sustained capex, dividends or buybacks and increases reliance on external funding when cycles turn. Heavy reinvestment and working-capital swings mean the company must maintain strong operational performance to avoid leverage creep and preserve investment optionality over coming years.
Sovereign And Royalty Uncertainty At KiakaUnresolved government negotiations create a structural political risk that can alter project economics, ownership or cashflow share. Long-term returns and investment incentives hinge on the outcome; persistent uncertainty can deter partners, complicate planning and raise the required return threshold for further capital allocation.
Operational Power Reliability And Fuel Cost ExposureDependence on interim diesel and future HFO infrastructure increases operating costs and capital needs, and unstable power can limit processing throughput. This structural energy risk raises unit-cost volatility and necessitates ongoing investment to secure reliable, lower‑cost power, affecting long‑term margin sustainability until resolved.
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$2.18 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$3.09B.
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 41 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 1.02.
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
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
AU$4.73 (37.60% Upside)
AU$4.73 (37.60% Upside)
Blogger Sentiment
Bullish
AU:WAF Sentiment 73%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth AU$8.5M over
the Last 3 Months
the Last 3 Months
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$4.73
▲(37.60% Upside)
Technical Analysis
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