West African Resources (WAF) Stock Price, Fundamentals & Analysis

What WAF does

West African Resources (WAF) is a gold mining company listed on the ASX under the ticker WAF. It operates in the Basic Materials sector and focuses on mining, mineral processing, and project development in West Africa. The company holds an 85% interest in the Sanbrado Gold and Kiaka Gold projects in Burkina Faso, as well as interests in the Toega Gold Project. Incorporated in 2006 and headquartered in Subiaco, Australia, WAF is part of the broader Australian gold mining landscape alongside peers such as Alcoa (AAI), Capricorn Metals (CMM), Fortescue (FMG), and BHP (BHP).

Key numbers explained

• 3.52 AUD is the current share price, the amount you would pay for one share at this moment.
• The trailing P/E ratio of 6.3 compares the share price to the last 12 months of earnings per share (0.56 AUD), a common way to gauge how the market values the company relative to its recent earnings.
• The forward P/E ratio of 4.5 uses expected future earnings, offering a look at how the market prices in growth or changes ahead.
• Market capitalisation of 4.03 mld. AUD reflects the total market value of all outstanding shares.
• Revenue growth of 206.5% year over year shows how much the company's top line has expanded compared to the same period a year earlier.
• Profit margin of 25.3% and operating margin of 50.5% indicate how much of each revenue dollar remains as profit after costs and operating expenses.
• Return on equity of 45.7% measures how effectively the company generates profit from shareholders' equity.
• Dividend yield is 0%, with 0% of earnings paid out as dividends and an ex-dividend date of 17 sept. 2026.

What to watch

WAF's share price has moved between 2.51 and 4.06 over the last 52 weeks, a range that can help frame its recent volatility. The beta of 1.13 suggests the stock tends to move slightly more than the broader market. Revenue growth and margins are key drivers for a mining company, as are gold price movements and operational performance in West Africa. The next earnings date of 10 sept. 2026 is a natural point to review updated financials. For those tracking the sector, WAF sits among other Australian miners and can be compared with companies like Dyno Nobel (DNL), Vault Minerals (VAU), and Emerald Resources (EMR).