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West African Resources Limited (WAF.AX)
AUD2.79
-0.03 (-1.06%)
AU ASX Basic Materials Gold
Address
1 Alvan Street 6008
Subiaco, WA, AU
Subiaco, WA, AU
CEO
Richard Hyde
Website
westafricanresources.com
IPO
2010-06-11
ISIN AU000000WAF6
Also trades on
Australian Securities Exchange · WAF.AX (AUD)
Other OTC · WFRSF (USD)
Description
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.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
AUD2.79
-0.03 (-1.06%)
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Volume Profile
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Liquidity & share structure
Average Volume
5M
Beta
1.10
Float Shares
997.77M
Free Float %
87.3%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +7.82% | +2.26% | +7.46% | -9.17% | +12.81% | +5.67% | +14.03% | +266.47% | +185.59% | +1,821.21% | +1,220.83% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
2.79
DCF (Unlevered)
1.41
-49.3%
DCF (Levered)
4.70
+68.4%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
100% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 3 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
5.03
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Gold: +36.5%+111.7% ★ Q4'25: +211.1% (vs Q2'24)
-
EPS growth Gold: +64.9%+95.2% ★ Q4'25: +214.9% (vs Q2'24)
-
FCF margin FCF growth · Gold: +77.7%+41.6% ★ Q4'25: +39.1% (vs Q2'24)
-
EBIT margin Gold: +25.8%+52.8% ★ Q4'25: +53.7% (vs Q2'24)
-
ROIC Gold: +11.0%+35.1% ★ Q4'25: +96.9% (vs Q2'24)
-
Share dilution Gold: -3.9%+5.7% Q4'25: +10.9% (vs Q2'24)
-
Debt / EBITDA Net debt/EBITDA · Gold: -0.09×0.50× ★ Q4'25: 0.18× (vs Q2'24)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2018 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 2 EPS Ana. |
Dec 2027 2 Rev. Ana. 3 EPS Ana. |
Dec 2028 2 Rev. Ana. 2 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
Dec 2030 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
—
est: 460.6K (-100.0%)
|
810.0K
est: 460.6K (+75.9%)
|
1.24M
est: 214.7K (+477.0%)
|
310.32M
est: 293.53M (+5.7%)
|
711.54M
est: 715.58M (-0.6%)
|
606.13M
est: 590.45M (+2.7%)
|
658.82M
est: 695.96M (-5.3%)
|
724.37M
est: 727.83M (-0.5%)
|
1.53B
est: 1.55B (-1.3%)
|
3.12B
2.93B – 3.30B
+100.8% YoY
|
3.33B
2.98B – 3.67B
+6.5% YoY
|
3.90B
3.58B – 4.21B
+17.3% YoY
|
4.07B
3.74B – 4.40B
+4.4% YoY
|
3.93B
3.61B – 4.25B
-3.4% YoY
|
| EBITDA |
-25.51M
est: 261.8K (-9,843.3%)
|
-6.57M
est: 261.8K (-2,610.4%)
|
-4.15M
est: 122.0K (-3,496.2%)
|
191.69M
est: 166.83M (+14.9%)
|
437.83M
est: 406.70M (+7.7%)
|
319.37M
est: 335.58M (-4.8%)
|
329.81M
est: 392.44M (-16.0%)
|
421.01M
est: 410.41M (+2.6%)
|
913.20M
est: 876.69M (+4.2%)
|
1.76B
1.65B – 1.86B
+100.8% YoY
|
1.88B
1.68B – 2.07B
+6.5% YoY
|
2.20B
2.02B – 2.38B
+17.3% YoY
|
2.30B
2.11B – 2.48B
+4.4% YoY
|
2.22B
2.04B – 2.40B
-3.4% YoY
|
| EBIT |
-25.60M
est: 216.2K (-11,943.7%)
|
-6.75M
est: 216.2K (-3,223.5%)
|
-4.33M
est: 100.8K (-4,395.6%)
|
167.51M
est: 137.75M (+21.6%)
|
380.28M
est: 335.83M (+13.2%)
|
259.67M
est: 277.10M (-6.3%)
|
242.86M
est: 325.02M (-25.3%)
|
344.86M
est: 339.90M (+1.5%)
|
810.30M
est: 726.06M (+11.6%)
|
1.46B
1.37B – 1.54B
+100.8% YoY
|
1.55B
1.39B – 1.71B
+6.5% YoY
|
1.82B
1.67B – 1.97B
+17.3% YoY
|
1.90B
1.75B – 2.05B
+4.4% YoY
|
1.84B
1.69B – 1.98B
-3.4% YoY
|
| Net Income |
-25.30M
est: -46.70M (+45.8%)
|
-7.07M
est: -46.70M (+84.9%)
|
-3.04M
est: -11.45M (+73.4%)
|
89.36M
est: 117.50M (-23.9%)
|
188.96M
est: 254.50M (-25.7%)
|
164.44M
est: 156.26M (+5.2%)
|
146.87M
est: 154.70M (-5.1%)
|
223.84M
est: 205.23M (+9.1%)
|
473.90M
est: 473.90M (+0.0%)
|
1.05B
1.02B – 1.08B
+121.5% YoY
|
974.60M
762.69M – 1.19B
-7.2% YoY
|
1.28B
1.11B – 1.45B
+31.0% YoY
|
1.29B
1.15B – 1.42B
+1.0% YoY
|
1.27B
1.14B – 1.41B
-1.3% YoY
|
| SGA |
1.38M
est: 2.1K (+64,172.2%)
|
7.36M
est: 2.1K (+342,677.3%)
|
2.99M
est: 1.0K (+298,800.0%)
|
2.34M
est: 1.37M (+71.3%)
|
2.49M
est: 3.33M (-25.3%)
|
2.46M
est: 2.75M (-10.7%)
|
2.60M
est: 3.74M (-30.6%)
|
3.08M
est: 3.92M (-21.3%)
|
17.10M
est: 8.36M (+104.4%)
|
16.79M
15.76M – 17.77M
+100.8% YoY
|
17.89M
16.06M – 19.73M
+6.5% YoY
|
20.98M
19.26M – 22.67M
+17.3% YoY
|
21.91M
20.11M – 23.67M
+4.4% YoY
|
21.15M
19.42M – 22.86M
-3.4% YoY
|
| EPS |
-0.04
est: -0.04 (-0.7%)
|
-0.01
est: -0.04 (+76.7%)
|
0.00
est: -0.01 (+66.8%)
|
0.10
est: 0.11 (-7.6%)
|
0.21
est: 0.23 (-10.4%)
|
0.16
est: 0.14 (+11.2%)
|
0.14
est: 0.15 (-7.1%)
|
0.21
est: 0.18 (+17.3%)
|
0.42
est: 0.47 (-10.2%)
|
0.91
0.89 – 0.94
+95.6% YoY
|
0.87
0.66 – 1.03
-4.8% YoY
|
1.11
0.96 – 1.26
+27.7% YoY
|
1.12
1.00 – 1.24
+1.0% YoY
|
1.11
0.99 – 1.22
-1.3% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-28 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-27 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-26 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-25 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-22 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-21 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-20 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-19 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-18 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-15 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-14 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-13 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-12 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-08 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-07 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-06 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-05 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-04 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-05-01 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-29 | A | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-28 | A | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-27 | A | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-24 | A | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-23 | A | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-22 | A | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-21 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-17 | A- | 4/5 | 4/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | A | 4/5 | 5/5 | 5/5 | 5/5 | 1/5 | 3/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
1.03B
OE per share TTM
0.89
Owner's Yield
28.41%
Maintenance CapEx ratio
236.63%
Maint CapEx / Avg PPE
120.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 71 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Sprott Junior Gold Miners ETF SGDJ | 3.32% | 9.28M | 0.50% |
| 2 | U.S. Global GO GOLD and Precious Metal Miners ETF GOAU | 2.98% | 4.80M | 0.60% |
| 3 | VanEck - Small Companies Masters ETF MVS.AX | 1.64% | 2.02M | 0.49% |
| 4 | iShares S&P/ASX Small Ordinaries ETF ISO.AX | 1.13% | 993.8K | 0.55% |
| 5 | Sprott Active Gold & Silver Miners ETF GBUG | 0.72% | 1.03M | 0.90% |
| 6 | Vanguard MSCI Australian Small Companies Index ETF VSO.AX | 0.64% | 5.08M | 0.30% |
| 7 | iShares Edge MSCI Australia Multifactor ETF AUMF.AX | 0.59% | 578.9K | 0.30% |
| 8 | Fidelity Investment Trust - Fidelity Special Values PLC FSV.L | 0.51% | 9.01M | 0.27% |
| 9 | VanEck Junior Gold Miners ETF GDXJ | 0.46% | 32.95M | 0.52% |
| 10 | VanEck Junior Gold Miners UCITS ETF GDXJ.L | 0.46% | 4.75M | 0.55% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
438.0K
Shares Outstanding
1.14B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Richard Hyde MAIG | Founder, Executive Chairman & Chief Executive Officer | 2M | male |
| Padraig O'Donoghue | Chief Financial Officer & Company Secretary | 1M | male |
| Lyndon Hopkins | Chief Operating Officer & Executive Director | 1M | male |
| Elizabeth Anne Mounsey | Executive Director of Human Resources & Executive Director | 690.5K | female |
| Nathan Ryan | IR Contact | — | — |
| Ann Atkins | Legal Counsel & Joint Company Secretary | — | female |
| Stuart Cruickshanks | General Manager of Technical Services | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for WAF.AX
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
