West African Resources Limited (ASX:WAF)
Australia · Delayed Price · Currency is AUD | Market Cap | 3.66B +106.9% |
| Revenue (ttm) | 1.54B +111.4% |
| Net Income | 473.90M +111.8% |
| EPS | 0.41 +100.5% |
| Shares Out | 1.14B |
| PE Ratio | 7.75 |
| Forward PE | 3.40 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,589,372 |
| Average Volume | 6,795,090 |
| Open | 3.230 |
| Previous Close | 3.220 |
| Day's Range | 3.160 - 3.260 |
| 52-Week Range | 2.105 - 3.970 |
| Beta | 1.25 |
| RSI | 45.95 |
| Earnings Date | Apr 23, 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 StatementsNews
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 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 Transcript: Diggers & Dealers Mining Forum 2025
Significant growth achieved with a market cap rising to $2.7 billion and robust cash reserves. Production is ramping up at Kiaka, with a 10-year plan targeting over 500,000 ounces annually from 2029, supported by ongoing exploration and operational excellence.
West African Resources Earnings Call Transcript: Q2 2025
First gold was poured at Kiaka ahead of schedule, with ramp-up to full production expected after grid power connection. Sanbrado delivered strong output, and cash flow remained robust, though sustaining costs rose due to one-off and market factors.
West African Resources Earnings Call Transcript: Q4 2024
Gold production and cost guidance were met for the fourth consecutive year, with 206,622 ounces produced in 2024 and strong Q4 financials. Kiaka project is over 80% complete and on track for first gold in Q3 2025, positioning the company for significant production growth.
West African Resources Earnings Call Transcript: Q3 2024
Q3 saw strong gold production and robust financials, with Sanbrado on track for guidance and Kiaka construction progressing on schedule. Cash reserves remain high, and updated feasibility for Kiaka supports significant future growth.
West African Resources Earnings Call Transcript: Q2 2024
Quarterly gold production and sales were strong, with costs well below guidance and cash reserves boosted by equity and loan funding. Kiaka mine construction is on track, and operational outlook remains robust amid stable political and market conditions.
West African Resources Earnings Call Transcript: Q1 2024
West African Resources Transcript: Investor Presentation
West African Resources Earnings Call Transcript: Q4 2023
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