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West African Resources(ASX) WAF

Market CapA$3.64BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2010)+1,299%
5 Year+141%
1 Year+10%
1 Month-13%
A$3.18
-5.92%
-0.20Today
West African Resources last closing stock price
MetricPriceDate
Last closeAUD 3.182026-10-23
West African Resources stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-10.92%AUD 3.572026-10-16
1 month-13.11%AUD 3.662026-09-23
3 month+19.88%AUD 2.652026-07-24
Year to date+11.89%AUD 2.842025-12-31
1 year+10.42%AUD 2.882025-08-27
3 year+347.56%AUD 0.712023-10-24
5 year+141.49%AUD 1.322021-10-22
Since inception+1,298.61%AUD 0.232010-06-11

West African Resources Financials at a Glance

Market Cap

A$3.64BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

A$3.78B

Net Income (TTM)

A$959.25M

EPS (TTM)

A$0.56

P/E Ratio

5.68

Dividend

A$0.00

Beta (Volatility)

-0.08 (Low)

Price

A$3.18

Volume

3,840,996

Open

A$3.30

Previous Close

A$3.18

Daily Range

A$3.09 - A$3.30

52-Week Range

A$2.38 - A$3.85

Estimated Earnings Date

Mar 24, 2027

WAF News

No articles available.

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About West African Resources

West African Resources Limited is a mining company focused on gold projects in West Africa, particularly in Burkina Faso. The company holds significant interests in the Sanbrado Gold and Kiaka Gold projects, along with the Toega Gold Project, showcasing its commitment to gold exploration and production.

Products and Services
  • Gold mining and mineral processing
  • Exploration of gold projects in West Africa
  • Project development for sustainable mining operations
Growth Outlook
  • Recent quarterly revenue reached AUD 1.46 billion, indicating strong operational performance
  • Net income for Q2 2026 was AUD 351.4 million, reflecting robust profitability
  • Expansion plans in Burkina Faso aim to enhance production capacity
Financial Highlights
  • Trailing twelve months (TTM) revenue of AUD 4.5 billion demonstrates consistent growth
  • Net profit margin of 25.36% highlights effective cost management
  • Dividend yield of 5.92% offers attractive returns to shareholders
West African Resources Limited has established itself as a key player in the gold mining sector, particularly in West Africa. The company's strategic focus on high-quality projects and operational efficiency has resulted in impressive financial performance. The recent quarterly results indicate a strong upward trajectory, with significant revenue and net income growth. The company's commitment to sustainable mining practices and expansion in Burkina Faso positions it well for future growth. Investors may find the attractive dividend yield and solid profit margins appealing as the company continues to capitalize on its gold production capabilities.
AI Generated • Oct 22, 2026

Industry

Metals and Mining

Sector

Materials

Employees

1,610

CEO

Richard Hyde

Website

www.westafricanresources.com

Headquarters

Subiaco, WA 6008, AU

WAF Financials

Key Financial Metrics (TTM)

Gross Margin

58.69%

Operating Margin

57.01%

Net Income Margin

25.36%

Return on Equity

52.15%

Return on Capital

37.29%

Return on Assets

30.91%

Earnings Yield

17.61%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

A$3.64BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

1.14B

Volume

3.84M

Avg. Volume

4.76M

Financials (TTM)

Gross Profit

A$2.22B

Operating Income

A$2.16B

EBITDA

A$2.29B

Operating Cash Flow

A$1.93B

Capital Expenditure

-A$576.96M

Free Cash Flow

A$1.35B

Cash & ST Invst.

A$885.10M

Total Debt

A$411.20M

West African Resources Performance Analysis

West African Resources annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31AUD 606,134,000-14.8%
20232023-12-31AUD 658,815,0008.7%
20242024-12-31AUD 724,368,00010.0%
20252025-12-31AUD 1,533,800,000111.7%
West African Resources sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30123.3%
Q42025-12-3199.1%
Q12026-03-31-31.1%
Q22026-06-3099.2%
West African Resources annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31AUD 0.16-23.0%
20232023-12-31AUD 0.14-10.7%
20242024-12-31AUD 0.2144.7%
20252025-12-31AUD 0.41100.3%
West African Resources sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3060.5%
Q42025-12-3192.3%
Q12026-03-31-39.0%
Q22026-06-30103.3%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

A$1.46B

+510.5%

Gross Profit

A$862.70M

+558.3%

Gross Margin

59.21%

N/A

Market Cap

A$3.64BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

A$1.97M

N/A

Employees

1,850

N/A

Net Income

A$351.40M

+278.3%

EBITDA

A$931.00M

+553.6%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

A$885.10M

+217.0%

Total Debt

A$411.20M

-4.6%

Accounts Receivable

A$162.40M

N/A

Inventory

A$298.70M

+84.3%

Long Term Debt

A$288.10M

-18.6%

Short Term Debt

A$123.10M

+59.9%

Return on Assets

30.91%

N/A

Return on Invested Capital

89.15%

N/A

Free Cash Flow

A$465.70M

+1145.0%

Operating Cash Flow

A$667.90M

+737.7%

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Questions About WAF

What is the current price of West African Resources?

West African Resources is trading at A$3.18 per share.

What is the 52-week range for West African Resources?

Over the past 52 weeks, West African Resources has traded between A$2.38 and A$3.85.

How much debt does West African Resources have?

As of the most recent reporting period, West African Resources reported total debt of A$453.10M.

How much cash does West African Resources have on hand?

West African Resources reported A$592.00M in cash and cash equivalents in its most recent financial results.

What is West African Resources’s dividend yield?

West African Resources does not currently have a dividend yield.

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