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.
Research context
West African Resources Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Gold
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
West African Resources Limited is currently in a long term uptrend where the price is trading 14.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.4.
West African Resources Limited's total revenue rose by 53471.1% to $252M since the same quarter in the previous year.
Its net income has increased by 7850.5% to $86M since the same quarter in the previous year.
Finally, its free cash flow grew by 117.5% to $35M since the same quarter in the previous year.
Based on the above factors, West African Resources Limited gets an overall score of 5/5.