West African Resources Ltd (WFRSF)
OTHER OTC:WFRSF
WFRSF Stock Chart & Stats
$2.00
$0.00(0.00%)
At close: 4:00 PM EST
$2.00
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$0.75 - $3.00
Previous CloseN/A
Volume31.95K
Average Volume (3M)6.55K
Market Cap
$2.56B
Enterprise Value$3.56B
Total Cash (Recent Filing)$592.00M
Total Debt (Recent Filing)$453.10M
Price to Earnings (P/E)7.2
Beta0.44
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.17
Shares Outstanding1,142,490,200
10 Day Avg. Volume12,717
30 Day Avg. Volume6,547
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 Cap1.39
Enterprise Value/Revenue2.32
Enterprise Value/Gross Profit4.09
Enterprise Value/Ebitda3.88
Forecast
1Y Price Target
$3.49Price Target Upside74.33% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.67
Revenue Forecast (FY)$2.12B
Bulls Say, Bears Say
Bulls Say
Production Scale-up (Kiaka + Sanbrado)Sustained multi-asset production scale materially improves revenue stability and operational optionality. Kiaka's rapid ramp to meaningful output alongside Sanbrado diversifies production risk, enables higher steady-state throughput potential and supports multi-year planning and funding of growth projects.
Strong Per-ounce Margins (realized Price Vs AISC)A large gap between realized prices and low AISC supports durable per-ounce cash margins that fund reinvestment and deleveraging. Structural margin strength improves resilience across cycles, increasing capacity to finance expansion, exploration and reduce leverage without recurring external equity.
Improved Liquidity And Balance-sheet BuildElevated cash, unsold bullion and rising equity provide a durable liquidity buffer for capex and debt reduction. A stronger balance sheet lowers refinancing risk, supports capital projects like Toega and HFO, and underpins management's priority to reduce debt before buybacks or dividends.
Bears Say
Volatile Free Cash Flow & Heavy ReinvestmentInconsistent free cash flow from heavy capex and working-capital swings reduces financial flexibility over the medium term. Persistent volatility can constrain debt repayment, delay shareholder returns and force external financing if commodity prices or execution weaken, increasing long-run funding risk.
Unresolved Government Stake/royalty TalksPotential changes to ownership terms or higher government take would structurally reduce project cashflows and alter economics. Political and sovereign negotiation risk can materially change long-term returns, complicate planning, raise perceived sovereign risk and deter long-horizon investors.
Kiaka Power Instability And Fuel Capex ExposureOngoing grid instability forces diesel/HFO reliance, adding operating cost, logistics complexity and capital for power solutions. Persistent energy risk can cap achievable throughput, raise steady-state AISC, and require continued investment until stable, creating a lasting operational headwind.
West African Resources Ltd News
WFRSF FAQ
What was West African Resources Ltd’s price range in the past 12 months?
West African Resources Ltd lowest stock price was $0.75 and its highest was $3.00 in the past 12 months.
What is West African Resources Ltd’s market cap?
West African Resources Ltd’s market cap is $2.56B.
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 148 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 $0.174 earnings per share for the quarter, beating the consensus estimate of N/A by $0.174.
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 for its next earnings report is not yet available.
How many shares outstanding does West African Resources Ltd have?
West African Resources Ltd has 1,142,490,200 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 $0.174 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 5%.
Which hedge fund is a major shareholder of West African Resources Ltd?
Currently, no hedge funds are holding shares in WFRSF
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:
$3.49 (74.33% Upside)
$3.49 (74.33% Upside)
Blogger Sentiment
Bullish
WFRSF Sentiment 75%
Sector Average 68%
Sector Average 68%
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
23.72%
Trailing 12-Months
Asset Growth
41.19%
Trailing 12-Months
Company Description
West African Resources Ltd
West African Resources Limited engages in the acquisition, exploration, and development of gold projects in West Africa. The company has 90% interests in the Sanbrado Gold Project covering an area of 116 square kilometers located in Burkina Faso; and Kiaka gold project located in Burkina Faso. It also holds 100% exploration license in the Toega Gold Project located in Burkina Faso. West African Resources Limited was incorporated in 2006 and is based in Subiaco, Australia.
WFRSF Stock 12 Month Forecast
Average Price Target
$3.49
▲(74.33% Upside)
Technical Analysis
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Ownership Overview
1.74% Insiders
5.19% Mutual Funds
0.43% Other Institutional Investors
84.73% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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