Overview
West African Resources gives Australian investors exposure to gold mining and development in Burkina Faso. At A$3.51, the shares sit within their A$2.38–A$3.85 52-week range. The company’s A$4.0 billion market capitalisation, 25.29% profit margin and price-to-earnings ratio of about 6.27 times provide useful valuation context, but its concentrated project footprint also makes operating delivery and country conditions important parts of the story.
West African Resources is an Australian-listed gold company whose operating and development portfolio is concentrated in Burkina Faso. It holds 85% interests in the Sanbrado Gold and Kiaka Gold projects and also has an interest in the Toega Gold Project. The supplied figures show revenue of A$2.5 billion and a 25.29% profit margin, giving investors exposure to a sizeable gold business while leaving its outlook closely linked to project performance and conditions in one West African country.
Key facts
- Ticker
- WAF
- Exchange
- AU
- ISIN
- AU000000WAF6
- Sector
- Basic Materials
- Industry
- Gold
- Country
- Australia
- Currency
- AUD
- Price
- A$3.54
- Previous close
- A$3.50
- Day change
- +A$0.04 (+1.00%)
- Market cap
- 4.0B
- 52W low
- A$2.38
- 52W high
- A$3.85
Price and trend
Last price: A$3.54
- Price
- A$3.54
- 52W range
- A$2.38 – A$3.85
- 50-day SMA
- A$3.57
- 200-day SMA
- A$3.28
- Price vs 50D SMA
- -0.87%
- Price vs 200D SMA
- 7.73%
Valuation
- P/E
- 6.25
- PEG
- 0.00
- EPS
- 0.56
- Dividend yield
- 0.00%
- Beta
- 1.12
At a market capitalisation of A$4.0 billion, West African Resources trades on a supplied price-to-earnings ratio of about 6.27 times, with earnings per share of A$0.56. The 25.29% profit margin provides context for that valuation, while the reported revenue growth of 2.07% points to a more measured growth profile in the supplied figures. The shares have no indicated dividend yield, so the investment case is more directly tied to earnings, gold exposure and delivery of the company’s projects than to income distributions.
Profitability and growth
- Revenue growth
- 2.07%
- Revenue TTM
- 2.5B
- Profit margin
- 25.29%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$3.54
- Target price
- A$4.85
- Target vs last price
- 37.20% from last price
The supplied analyst target price is A$4.73, or 34.62% from the last price of A$3.51. This is secondary context rather than a forecast of what the shares will achieve: the company’s project execution, gold-market exposure and operating environment remain central to its prospects.
Risks
West African Resources’ fortunes are tied to gold prices and the execution of mining, processing and project-development plans. Its project concentration in Burkina Faso also exposes the business to country-specific operating and development risks. The shares offer no indicated dividend yield, and their price can fluctuate: the supplied beta is 1.125. These factors sit alongside a 25.29% profit margin and a share price that is above its 200-day average but just below its 50-day average.
FAQ
What does West African Resources do?
West African Resources mines and develops gold projects in West Africa. Its portfolio includes interests in the Sanbrado and Kiaka projects, as well as the Toega project, all in Burkina Faso.
Does West African Resources pay a dividend?
The supplied figures show a dividend yield of 0.00% and no dividend per share, so the share currently has no indicated dividend income.
How does WAF sit within its 52-week range?
At A$3.51, WAF is within its A$2.38–A$3.85 52-week range and nearer the high than the low.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
