West African Resources Limited (ASX:WAF)
Australia · Delayed Price · Currency is AUD | Market Cap | 4.05B +16.9% |
| Revenue (ttm) | 2.53B +193.0% |
| Net Income | 639.50M +95.3% |
| EPS | 0.56 +93.8% |
| Shares Out | 1.14B |
| PE Ratio | 6.17 |
| Forward PE | 5.17 |
| Dividend | 0.20 (5.64%) |
| Ex-Dividend Date | Sep 17, 2026 |
| Volume | 1,450,150 |
| Open | 3.490 |
| Previous Close | 3.430 |
| Day's Range | 3.460 - 3.600 |
| 52-Week Range | 2.510 - 4.060 |
| Beta | 1.12 |
| Analysts | Strong Buy |
| Price Target | 4.85 (+36.81%) |
| Est. Earnings | Oct 28, 2026 |
About West African Resources
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. [Read more]
Financial Performance
In 2025, West African Resources's revenue was 1.54 billion, an increase of 111.37% compared to the previous year's 730.00 million. Earnings were 473.90 million, an increase of 111.75%.
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for WAF stock is "Strong Buy." The 12-month stock price target is $4.85, which is an increase of 36.81% from the latest price.
News
West African Resources Transcript: Mining Forum Americas 2026
Strong financial results with a projected AUD 1 billion annual profit and robust cash flow support ongoing dividends and expansion. Production is on track for 500,000–600,000 ounces annually, with significant investments in community, ESG, and workforce development.
West African Resources downgraded to Neutral from Outperform at Macquarie
Macquarie analyst Regan Burrows downgraded West African Resources (WFRSF) to Neutral from Outperform with a A$4 price target
West African Resources Earnings release: H1 2026
West African Resources released its H1 2026 earnings on September 9, 2026, summarizing the period's financial results.
West African Resources Quarterly report: H1 2026
West African Resources has published its H1 2026 quarterly earnings report on September 9, 2026.
West African Resources Transcript: Diggers & Dealers Mining Forum 2026
Production is on track to meet or exceed guidance, with robust reserves, strong cash flow, and a 10-year growth plan. Asset quality, community engagement, and safety performance are industry-leading, while capital management options such as dividends or buybacks are under review.
West African Resources Slides: FY 2026
West African Resources has posted slides in relation to its FY 2026 quarterly earnings report, which was published on August 3, 2026.
West African Resources Earnings release: Q2 2026
West African Resources released its Q2 2026 earnings on July 28, 2026, summarizing the period's financial results.
West African Resources Slides: FY 2026
West African Resources has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 7, 2026.
West African Resources Earnings Call Transcript: Q1 2026
Strong Q1 gold production and sales drove record cash flow and balance, with Kiaka ramping up and Sanbrado steady. Burkina Faso government to acquire 25% more of Kiaka for AUD 175 million, with proceeds planned for a special dividend.
West African Resources Earnings release: Q1 2026
West African Resources released its Q1 2026 earnings on April 22, 2026, summarizing the period's financial results.
West African Resources Annual report: H2 2025
West African Resources has published its H2 2025 annual report on March 16, 2026.
West African Resources resumed with a Speculative Buy at Canaccord
Canaccord analyst Paul Howard resumed coverage of West African Resources (WFRSF) with a Speculative Buy rating and A$5.70 price target The firm cites its modelled production scenario for Sanbrado and…
West African Resources Earnings Call Transcript: Q4 2025
Strong Q4 and full-year gold production drove record revenue and cash flow, with Kiaka ramping up and Sanbrado meeting guidance. Power stability and government discussions remain key focus areas, while capital management options are under review.
West African Resources Earnings release: Q4 2025
West African Resources released its Q4 2025 earnings on January 27, 2026, summarizing the period's financial results.
West African Resources Earnings release: Q3 2025
West African Resources released its Q3 2025 earnings on November 1, 2025, summarizing the period's financial results.
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West African Resources (ASX:WAF) shares drop sharply after political coup
Australian listed, West African Resources Ltd (ASX:WAF) shares were down more than 9% at midday. The shares hit a new 52-week low of AU$0.94. Dropping alongside West African Resources, were