Momentum
Relative Strength (%)
1m
3m
1yr
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
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market
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industry
Growth & Value

Margin of Safety (beta)
Screens Passed
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Mar 2008 2009 2010 2011 2012 2013 TTM 2014E 2015E CAGR / Avg
Revenue £m
Operating Profit £m
Net Profit £m
EPS Reported p
EPS Normalised p
EPS Growth %
PE Ratio x
PEG x
Profitability
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ROA %
ROCE %
ROE %
Cashflow
Op. Cashflow ps p
Capex ps p
Free Cashflow ps p
Dividends
Dividend ps p
Dividend Growth %
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Dividend Cover x
Balance Sheet
Cash etc £m
Working Capital £m
Net Fixed Assets £m
Net Debt £m
Book Value £m
Average Shares m
Book Value ps p -14.5%

FINANCIAL BRIEF: For the six months ended 30 September 2013, West African Minerals Corp revenues was not reported. Net loss increased from L1.6M to L6.4M. Higher net loss reflects Salaries and wages increase from L38K to L105K (expense), Other costs increase from L23K to L55K (expense), Total Financial Income decrease from L4K (income) to L6K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -L0.01 to -L0.02. more »

Health Trend

Bankruptcy Risk

  Earnings Manipulation Risk

Magic Formula Score
E+
E+

Other Ratios
Leverage (ttm) Total Ex Intang
Gross Gearing %
Net Gearing %
Cash / Assets %

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market
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industry
Recent History
Latest interim period (ended 30th Sep '13) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
31st Mar 2014
31st Mar 2015

Price Target: 96.0 (+1,4361% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a (£) (£) (£) (£) (£) (£)
Consensus Estimate
1m Change
3m Change
Broker Consensus Trend
Broker Recommendations for West African Minerals
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts:

Named Brokers and Analysts
SP Angel John Meyer ,

West African Minerals Corporation (WAFM), formerly Emerging Metals Limited, focuses investment opportunities across types of natural resources projects. WAFM’s subsidiaries include Ferrum Resources Limited (Ferrum), CMC Guernsey Limited (CMC), Compagnie Miniere du Cameroun (CMC Cameroon), Ferrous Africa Limited (Ferrous Africa), Tanziron Resources Limited, Ingwe Investments Limited, Ferrous Benin Limited, Ferrum Resources Guinee S.A. (Ferrum Guinee) and Ferrum Mauritania Limited. Ferrous Africa holds a 75% interest in five exploration licences for iron ore and other minerals in Sierra Leone. CMC Cameroon holds six iron ore exploration licenses in Cameroon. Ferrum Guinee holds exploration applications in Guinea. On March 15, 2012, Ferrum acquired the remaining 34.51% interest in CMC. On January 23, 2012, WAFM disposed Ferrum Centrafrique S.A. In July 2012, it acquired 5% minority interest in CMC Cameroon, making CMC an indirect wholly owned subsidiary of WAFM.

Directors: Bradford Mills (Pres.) 59, Denham Eke (CFO) 60, Anton Mauve (Mgng.Dir.) 45,

No. of Employees: 0 No. of Shareholders: n/a


Last Annual March 31st, 2013
Last Interim September 30th, 2013
Shares in Issue 376,737,123
Free Float 192.0m (51.0%)
ISIN VGG9544K1021
Sector Basic Materials
Industry Metals & Mining
Index FTSE Aim All Share,
Exchange London Stock Exchange (AIM)
Eligible for an ISA? a SIPP?

WAFM Share Price Performance WAFM Quote
6.25p
0.0  0.0%
Traded 3:10pm · Minimum 15 min delayed · NMS: 15.0k

Latest WAFM News Announcements (delayed)

Upcoming WAFM Events
Saturday 26th April, 2014
West African Minerals Corp at Burnbrae Media Ltd's UK Master Investor Show
Monday 18th August, 2014 (estimate)
Preliminary 2013-2014 West African Minerals Corp Earnings Release
Wednesday 1st October, 2014 (estimate)
West African Minerals Corp Annual General Meeting

Recent ↓
Thursday 20th March, 2014
West African Minerals Corp at Proactive Investors One2One Investor Forum - London
Tuesday 4th March, 2014
West African Minerals Corp at PDAC Conference
Wednesday 15th January, 2014
West African Minerals Corp Binga Initial Inferred Mineral Resource and Drilling Update
Friday 27th December, 2013
Interim 2013-2014 West African Minerals Corp Earnings Release
Monday 2nd December, 2013
West African Minerals Corp at Aspermont Ltd's Mines and Money London
Thursday 31st October, 2013
West African Minerals Corp South Djadom Block 2 Mineral Resource Estimate and Drilling Update
Tuesday 21st August, 2012
Preliminary 2012 West African Minerals Corp Earnings Release
Monday 19th December, 2011
Emerging Metals Ltd Reverse Split For EML.L
Thursday 29th September, 2011
Emerging Metals Ltd Annual General Meeting
Thursday 18th August, 2011
Preliminary 2010 Emerging Metals Ltd Earnings Release


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