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WAF - West African Resources Share Price

A$0.955 0.0  3.8%

Last Trade - 7:10am

Sector
Basic Materials
Size
Mid Cap
Market Cap £437.7m
Enterprise Value £521.2m
Revenue £168.5m
Position in Universe 333rd / 1913
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -17.6%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -25.2%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.035 0.26 0.46 0.41 1.24 311.2 547.8 446.6 +516.3%
+118.7 -52.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, WestAfrican Resources Ltd revenues increased from A$1.2M toA$311.2M. Net income totaled A$89.4M vs. loss of A$4.3M.Revenues reflect an increase in demand for the Company'sproducts and services due to favorable market conditions.Net Income reflects Forex unrealised gain (loss) increasefrom A$2.4M to A$15M (income), Forex realised loss decreaseof 18% to A$806K (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for WAF
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

West African Resources Limited is a gold exploration company. The Company's principal activity is mineral exploration and feasibility study work focusing primarily on the Boulsa Gold project within Burkina Faso and Niger. The Company has approximately 100% interest in the Tanlouka gold exploration permit in Burkina Faso. The Company is targeting gold production at its Mankarga 5 project in Burkina Faso. The project includes M1 South Prospect and M1 North Prospect. The Company also has over 100% interest in the Sartenga Permit. The Sartenga copper-gold-molybdenum project is a porphyry system. The inferred mineral resources contain approximately 174,000 tons of copper and over 651,000 ounces of gold. The Moktedu prospect is located in the southwestern part of the Boulsa Project. The prospect covers approximately 10 kilometers of strike and it is confined within a northeast trending regional shear. The Company's subsidiaries include Wura Resources Pty Ltd SARL and Swan Resources SARL.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated September 1, 2006
Public Since June 11, 2010
No. of Shareholders: 4,419
No. of Employees: n/a
Sector Basic Materials
Industry Metals & Mining
Index S&P/ASX All Ordinaries , S&P/ASX 300 , ASX Small Ordinaries ,
Exchange Australian Stock Exchange - SEATS
Shares in Issue 878,682,646
Free Float (0.0%)
Eligible for
ISAs
SIPPs
WAF Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for WAF
Upcoming Events for WAF
Monday 30th August, 2021 Estimate
Half Year 2021 West African Resources Ltd Earnings Release
Frequently Asked Questions for West African Resources
What is the West African Resources share price?

As of 7:10am, shares in West African Resources are trading at A$0.955, giving the company a market capitalisation of £437.7m. This share price information is delayed by 15 minutes.

How has the West African Resources share price performed this year?

Shares in West African Resources are currently trading at A$0.955 and the price has moved by 5.75% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the West African Resources price has moved by -14.42% over the past year.

What are the analyst and broker recommendations for West African Resources?

Of the analysts with advisory recommendations for West African Resources, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for West African Resources is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will West African Resources next release its financial results?

West African Resources is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the West African Resources dividend yield?

West African Resources does not currently pay a dividend.

Does West African Resources pay a dividend?

West African Resources does not currently pay a dividend.

When does West African Resources next pay dividends?

West African Resources does not currently pay a dividend.

How do I buy West African Resources shares?

To buy shares in West African Resources you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of West African Resources?

Shares in West African Resources are currently trading at A$0.955, giving the company a market capitalisation of £437.7m.

Where are West African Resources shares listed? Where are West African Resources shares listed?

Here are the trading details for West African Resources:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: WAF
What kind of share is West African Resources?

Based on an overall assessment of its quality, value and momentum, West African Resources is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a West African Resources share price forecast 2021?

Shares in West African Resources are currently priced at A$0.955. At that level they are trading at 35.11% discount to the analyst consensus target price of 0.00.

Analysts covering West African Resources currently have a consensus Earnings Per Share (EPS) forecast of 0.222 for the next financial year.

How can I tell whether the West African Resources share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like West African Resources. Over the past six months, the relative strength of its shares against the market has been -13.55%. At the current price of A$0.955, shares in West African Resources are trading at -5.56% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the West African Resources PE Ratio?

The West African Resources PE ratio based on its reported earnings over the past 12 months is 9.06. The shares are currently trading at A$0.955.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of West African Resources?

West African Resources's management team is headed by:

Richard Hyde - CHM
Padraig O'Donoghue - CFO
Matthew Wilcox - OTH
Lyndon Hopkins - COO
Rodney Leonard - LED
Nigel Spicer - NID
Elizabeth Mounsey - NID
Stewart Findlay - NID
Who are the major shareholders of West African Resources?

Here are the top five shareholders of West African Resources based on the size of their shareholding:

Van Eck Associates Corporation Investment Advisor/Hedge Fund
Percentage owned: 10.91% (96.4m shares)
L1 Capital Pty Ltd. Investment Advisor
Percentage owned: 7.56% (66.7m shares)
Van Eck International Investors Gold Fund Mutual Fund
Percentage owned: 5.32% (47.0m shares)
Sprott Asset Management LP Investment Advisor/Hedge Fund
Percentage owned: 5.17% (45.6m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 5.05% (44.6m shares)
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