West African Resources Ltd (ASX: WAF) Share Price and News

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West African Resources Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $3.83 billion
P/E Ratio 8.01
Dividend Yield 0.00%
Shares Outstanding 1.14 billion
Earnings per share 0.413
Dividend per share N/A
Year To Date Return 10.33%
Earnings Yield 12.48%
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as at 24 Feb 3:44pm

  • West African Resources Ltd (ASX: WAF)
    Latest News

    Miner standing at quarry looking upset.
    Gold

    Up 59% in a year, why is this $3.8 billion ASX 200 gold stock sinking today?

    Investors are bidding down this outperforming ASX gold stock today. But why?

    Read more »

    Man putting golden coins on a board, representing multiple streams of income.
    Gold

    After new production guidance, how high could this ASX gold stock go?

    These shares are looking cheap, Macquarie says.

    Read more »

    Two happy and excited friends in euphoria holding a smartphone, after winning in a bet.
    Share Gainers

    Why Challenger, Magellan, Northern Star, and West African Resources shares are storming higher

    These shares are ending the month on a positive note. But why?

    Read more »

    A few gold nullets sit on an old-fashioned gold scale, representing ASX gold shares.
    Gold

    Guess which ASX 200 gold stock is lifting off today on record breaking news

    Investors are bidding up the ASX 200 gold stock as the miner eyes a record year ahead.

    Read more »

    An excited man stretches his arms out above his head as he reaches a mountain peak.
    Share Market News

    West African Resources: 2026 production guidance forecasts record gold output

    West African Resources guides for record 2026 gold production and considers dividends or buybacks as free cash flow rises.

    Read more »

    Miner with thumbs up at a mine.
    Gold

    2 ASX gold miners to buy for solid share price gains, according to Barrenjoey

    The Africa-focused companies are deeply undervalued after recent sell-offs, the broker says.

    Read more »

    Two smiling work colleagues discuss an investment at their office.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    It was a rare green day for investors this Tuesday.

    Read more »

    Excited couple celebrating success while looking at smartphone.
    Share Gainers

    Why Challenger, Meeka Metals, Vulcan Energy, and West African Resources shares are rising today

    These shares are having a good session on Tuesday. But why?

    Read more »

    A man clenches his fists in excitement as gold coins fall from the sky.
    Gold

    Why is this $3 billion ASX 200 gold stock leaping higher on Tuesday?

    Investors are piling into this $3 billion ASX gold stock today. But why?

    Read more »

    A woman presenting company news to investors looks back at the camera and smiles.
    Earnings Results

    West African Resources posts $567m profit as gold production grows

    West African Resources reported strong 2025 earnings with $567 million profit and upbeat plans for its gold operations.

    Read more »

    Two miners examine things they have taken out the ground.
    Share Market News

    West African Resources provides Burkina Faso government stake update

    West African Resources has issued an update regarding the Burkina Faso government’s interest in increasing its stake in the Kiaka…

    Read more »

    Woman holding $50 and $20 notes.
    Opinions

    3 ASX shares I'd buy with $10,000 this week

    I think it's a great time to buy.

    Read more »

    WAF ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About West African Resources Ltd

    West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso.The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.

    WAF Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    10 Apr 2026 $3.35 $0.04 1.21% 6,484,618 $3.34 $3.38 $3.24
    09 Apr 2026 $3.31 $-0.07 -2.07% 4,797,761 $3.28 $3.36 $3.28
    08 Apr 2026 $3.38 $0.10 3.05% 5,702,200 $3.46 $3.50 $3.38
    07 Apr 2026 $3.28 $0.04 1.23% 3,990,084 $3.36 $3.36 $3.23
    02 Apr 2026 $3.24 $-0.16 -4.71% 6,441,839 $3.45 $3.45 $3.22
    01 Apr 2026 $3.40 $0.20 6.25% 7,094,512 $3.32 $3.44 $3.32
    31 Mar 2026 $3.20 $0.15 4.92% 7,550,601 $3.22 $3.25 $3.02
    30 Mar 2026 $3.05 $0.04 1.33% 3,749,930 $3.01 $3.07 $3.00
    27 Mar 2026 $3.01 $-0.02 -0.66% 9,757,617 $2.97 $3.01 $2.88
    26 Mar 2026 $3.03 $-0.12 -3.81% 7,855,133 $3.15 $3.15 $2.99
    25 Mar 2026 $3.15 $0.28 9.76% 14,922,127 $2.98 $3.16 $2.98
    24 Mar 2026 $2.87 $0.11 3.99% 14,839,197 $2.88 $2.91 $2.78
    23 Mar 2026 $2.76 $-0.17 -5.80% 9,253,876 $2.76 $2.80 $2.67
    20 Mar 2026 $2.93 $0.04 1.38% 23,437,730 $2.80 $3.00 $2.76
    19 Mar 2026 $2.89 $-0.14 -4.62% 14,491,642 $2.90 $2.93 $2.84
    18 Mar 2026 $3.03 $0.09 3.06% 8,218,225 $2.93 $3.03 $2.87
    17 Mar 2026 $2.94 $0.16 5.76% 10,680,404 $2.82 $2.98 $2.80
    16 Mar 2026 $2.78 $-0.05 -1.77% 9,135,391 $2.75 $2.80 $2.72
    13 Mar 2026 $2.83 $-0.06 -2.08% 7,646,441 $2.86 $2.86 $2.78
    12 Mar 2026 $2.89 $-0.07 -2.36% 6,365,714 $2.91 $2.95 $2.87

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    02 Apr 2026 Lyndon Hopkins Expiry 26,676 $86,430
    As advised by the company. Lapsed, 1,731,287 rights
    02 Apr 2026 Richard Hyde Expiry 40,490 $131,187
    As advised by the company. Lapsed, 2,581,350 rights
    02 Apr 2026 Elizabeth(Libby) Mounsey Expiry 8,892 $28,810
    As advised by the company. Lapsed, 740,039 rights
    20 Mar 2026 Robin Romero Issued 26,413 $77,390
    Conversion of securities.
    20 Mar 2026 Robin Romero Issued 13,120 $38,441
    Director remuneration. 13,120 rights
    20 Mar 2026 Robin Romero Exercise 26,413 $77,390
    Conversion of securities.
    20 Mar 2026 Stewart Findlay Issued 13,120 $38,441
    Director remuneration. 13,120 rights
    20 Mar 2026 Jayde Webb Issued 13,120 $38,441
    Director remuneration. 23,676 rights
    20 Mar 2026 Rodney (Rod) Leonard Issued 16,148 $47,313
    Director remuneration. 16,148 Performance Rights
    19 Mar 2026 Stewart Findlay Issued 26,413 $76,333
    Conversion of securities.
    19 Mar 2026 Stewart Findlay Exercise 26,413 $76,333
    Conversion of securities.
    18 Mar 2026 Rodney (Rod) Leonard Exercise 32,509 $98,502
    Conversion of securities.
    18 Mar 2026 Rodney (Rod) Leonard Issued 32,509 $98,502
    Conversion of securities.
    11 Dec 2025 Lyndon Hopkins Issued 320,214 $883,790
    Conversion of securities.
    11 Dec 2025 Lyndon Hopkins Exercise 320,214 $883,790
    Conversion of securities. 17,57,963 RIGHTS
    02 Dec 2025 Elizabeth(Libby) Mounsey Issued 132,812 $394,451
    Conversion of securities.
    02 Dec 2025 Elizabeth(Libby) Mounsey Exercise 132,812 $394,451
    Conversion of securities. 748,931 rights
    01 Dec 2025 Richard Hyde Exercise 484,949 $1,420,900
    Conversion of securities. 2,621,840 rights
    01 Dec 2025 Richard Hyde Issued 484,949 $1,420,900
    Conversion of securities.
    01 Dec 2025 Lyndon Hopkins Sell 1,200,000 $3,443,098
    On-market trade.
    28 Nov 2025 Elizabeth(Libby) Mounsey Sell 56,200 $154,550
    On-market trade.
    23 Jun 2025 Stewart Findlay Exercise 37,310 $82,455
    Conversion of securities. Performance Rights 26,413
    23 Jun 2025 Stewart Findlay Issued 37,310 $82,455
    Conversion of securities.
    28 May 2025 Jayde Webb Issued 10,556 $28,184
    Issue of securities. 10,556 Rights
    14 May 2025 Robin Romero Exercise 37,310 $85,439
    Conversion of securities. 26,413 Performance Rights
    14 May 2025 Robin Romero Issued 37,310 $85,439
    Conversion of securities.
    14 May 2025 Rodney (Rod) Leonard Issued 46,637 $106,798
    Conversion of securities.
    14 May 2025 Rodney (Rod) Leonard Exercise 46,637 $106,798
    Conversion of securities. 32,509 Performance Rights
    09 May 2025 Lyndon Hopkins Issued 679,647 $1,705,913
    Issue of securities. 20,78,177 Rights
    09 May 2025 Richard Hyde Issued 996,816 $2,502,008
    Issue of securities. 3,106,789 Performance Rights
    09 May 2025 Elizabeth(Libby) Mounsey Issued 302,064 $758,180
    Issue of securities. 8,81,743 Rights

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Lyndon George Hopkins Chief Operating OfficerExecutive Director Sep 2019
    Mr Hopkins has more than 35 years of experience in gold exploration, development and production in Australia and Africa. He was Chief Operating Officer of Equigold NL's Ivory Coast operations and managed the in-country aspects of the project development and feasibility study for the Bonikro Gold Mine. He was also Mine Manager for the construction of Regis Resources Ltd's Rosemont Gold Mine. He is a member of the Technical and Risk Committee.
    Mr Rodney (Rod) Lloyd Leonard Non-Executive DirectorLead Independent Director Sep 2019
    Mr Leonard has more than 30 years of experience in the operation and project development of projects in North and South America, Africa, Asia and Australia. He has been involved in many aspects of the mineral processing industry from process development, feasibility studies, and design assignments as well as commissioning of projects. He is the Chair of the Risk committee and a member of the technical committee.
    Mr Richard Hyde Chief Executive OfficerExecutive ChairmanExecutive Director Sep 2006
    Mr Hyde has more than 30 years of experience in the mining industry and more than 25 years of experience in West Africa. He has managed exploration and development projects for gold and base metals in Australia, Africa and Eastern Europe. He is a member of the Technical and Risk committee.
    Ms Elizabeth(Libby) Mounsey Executive Director Dec 2022
    Ms Mounsey has more than 30 years of experience in human resources and industrial relations across the mining, construction, health, fisheries, and aviation industries. Over the past 15 years, she has held senior positions with resource companies in various stages of development from feasibility through to construction and operations. She is a member of the Risk committee.
    Mr Stewart Findlay Non-Executive Director May 2020
    Mr Findlay has more than 25 years of financial markets experience and has provided project finance (senior secured debt and corporate facilities), equity investments, commodity hedging arrangements and corporate advice to many resource companies. He has held senior positions in the metals and mining divisions of Macquarie Bank and National Australia Bank. He is a member of the Risk committee.
    Ms Robin Margaret Romero Non-Executive Director Dec 2022
    Ms Romero has more than 30 years of accounting, legal and commercial experience. She is former General Counsel and Executive Director of mining contractor Barminco Limited and is Legal Counsel at FMR Investments Pty Ltd. Prior to these roles, Ms Romero spent more than 10 years working in accounting and law firms including KPMG, EY, and King & Wood Mallesons. She is a member of the Risk committee.
    Ms Jayde Webb Non-Executive Director May 2025
    Ms Webb has more than 25 years of global experience in the mining sector. She has held a variety of senior technical, operations and management roles with both contractor and owner-mining companies. She previously led the mining technology development function at South32, with a focus in mining extraction. Ms Webb has held mine management roles in Australia, alternate roles in Tanzania, and has technical experience across a variety of African countries, ore bodies, mining methods and operating structures. She is a member Risk committee and the and Chair of the Technical committee.
    Mr Padraig O'Donoghue Chief Financial OfficerCompany Secretary May 2020
    -
    Ms Ann Atkins Company Secretary Nov 2023
    -
    Padraig O'Donoghue Chief Financial OfficerCompany Secretary
    -
    Ann Atkins Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    J P Morgan Nominees Australia Pty Limited 237,063,270 20.75%
    HSBC Custody Nominees (Australia) Limited 228,784,780 20.03%
    Citicorp Nominees Pty Limited 203,014,279 17.77%
    HSBC Custody Nominees (Australia) Limited A/C 2 74,460,127 6.52%
    BNP Paribas Noms Pty Ltd 59,306,357 5.19%
    Mr And Mrs Anthony Poli 51,297,811 4.49%
    Merrill Lynch (Australia) Nominees Pty Limited 36,413,457 3.19%
    BNP Paribas Nominees Pty Ltd <Cowen And Co Llc> 21,073,356 1.84%
    HSBC Custody Nominees (Australia) Limited Gsco Eca 19,775,196 1.73%
    Mr Richard Hyde 17,633,118 1.54%
    Merrill Lynch (Australia) Nominees Pty Limited <Equity Finance A/C> 14,027,411 1.23%
    Stichting Lichfield Us\C <A/C 051 52041 9> 13,250,000 1.16%
    BNP Paribas Nominees Pty Ltd <Agency Lending Collateral> 9,350,182 0.82%
    BNP Paribas Nominees Pty Ltd <Clearstream> 9,114,304 0.80%
    BNP Paribas Noms Pty Ltd <Global Markets> 8,732,697 0.76%
    BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> 8,265,088 0.72%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 7,945,405 0.70%
    HSBC Custody Nominees (Australia) Limited Gsco Eda 6,935,875 0.61%
    Aigle Royal Consolidated Pl 5,250,000 0.46%
    Gams Mining F&I Ltd 4,931,224 0.44%

    Profile

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