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West African Resources(ASX) WAF

Market CapA$4.02BMarket 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)+1,444%
5 Year+278%
1 Year+22%
1 Month+1%
A$3.51
+1.74%
+0.06Today
West African Resources last closing stock price
MetricPriceDate
Last closeAUD 3.512026-10-02
West African Resources stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.28%AUD 3.522026-09-25
1 month+0.68%AUD 3.492026-09-02
3 month+27.32%AUD 2.762026-07-03
Year to date+23.5%AUD 2.842025-12-31
1 year+21.87%AUD 2.882025-08-27
3 year+414.58%AUD 0.682023-10-03
5 year+278.06%AUD 0.932021-10-01
Since inception+1,443.75%AUD 0.232010-06-11

West African Resources Financials at a Glance

Market Cap

A$4.02BMarket 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

6.27

Dividend

A$0.00

Beta (Volatility)

-0.07 (Low)

Price

A$3.51

Volume

4,895,554

Open

A$3.48

Previous Close

A$3.51

Daily Range

A$3.42 - A$3.51

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, and is committed to sustainable mining practices.

Products and Services
  • Gold mining and mineral processing
  • Exploration and project development
  • Acquisition of gold projects
Growth Outlook
  • Projected increase in gold production from Sanbrado Gold Project
  • Expansion plans for Kiaka Gold Project to enhance output
  • Strong demand for gold expected to drive revenue growth
Financial Highlights
  • Recent quarterly revenue of 1.46 billion AUD, a significant increase
  • Trailing twelve months (TTM) net income margin of 25.36%
  • Strong cash position with 885 million AUD in cash and equivalents
West African Resources Limited has demonstrated robust financial performance, particularly in the most recent quarter, with a revenue of 1.46 billion AUD, reflecting a strong operational capacity. The company has maintained a healthy net income margin of 25.36% over the trailing twelve months, indicating effective cost management and profitability. With a solid cash position of 885 million AUD, the company is well-positioned to fund future growth initiatives and capitalize on market opportunities. The focus on expanding existing projects and the anticipated increase in gold production align with the growing demand for gold, suggesting a positive outlook for the company's future performance.
AI Generated • Sep 21, 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

15.95%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

A$4.02BMarket 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

4.90M

Avg. Volume

4.60M

Financials (TTM)

Gross Profit

A$2.22B

Operating Income

A$2.16B

EBITDA

A$2.28B

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%
Q12026-03-31-40.0%
Q22026-06-30106.7%

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$4.02BMarket 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$2.17M

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$3.51 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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