West African Resources Ltd (ASX: WAF) Share Price and News
Price
$2.39
Movement
0.10 (+4.37%)
as at 28 Mar - Closed (20 mins delayed)
52 Week Range
$1.18 - $2.36
1 Year Return
+99.17%
West African Resources Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$2.72 billion
P/E Ratio
11.12
Dividend Yield
0.00%
Shares Outstanding
1.14 billion
Earnings per share
0.206
Dividend per share
N/A
Year To Date Return
59.58%
Earnings Yield
9.00%
Franking
-
Share Price
$2.39
Day Change
0.10 (+4.37%)
52 Week Range
$1.18 - $2.36
Yesterday's Close
$2.29
Today's Open
$2.32
Days Range
$2.32 - $2.43
Volume
6,949,365
Avg. Volume (1 month)
5,126,636
Turnover
$16,569,404
as at 28 Mar - Closed
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West African Resources Ltd (ASX: WAF)
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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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| 27th Mar 2025 2025-03-27T19:02:03 | Becoming a substantial holder | YesNo | 7:02pm | 34 | 381k |
| 26th Mar 2025 2025-03-26T18:38:12 | Ceasing to be a substantial holder from MUFG | YesNo | 6:38pm | 12 | 423k |
| 26th Mar 2025 2025-03-26T18:36:52 | Ceasing to be a substantial holder | YesNo | 6:36pm | 6 | 759k |
| 26th Mar 2025 2025-03-26T08:17:54 | WAF Retirement and Nomination of Directors 2025 AGM | YesNo | 8:17am | 2 | 236k |
| 25th Mar 2025 2025-03-25T18:41:50 | Ceasing to be a substantial holder | YesNo | 6:41pm | 3 | 439k |
| 25th Mar 2025 2025-03-25T18:23:15 | Becoming a substantial holder | YesNo | 6:23pm | 30 | 3.5M |
| 24th Mar 2025 2025-03-24T17:26:23 | Change in substantial holding from MUFG | YesNo | 5:26pm | 10 | 336k |
| 24th Mar 2025 2025-03-24T15:09:17 | Change in substantial holding from MUFG | YesNo | 3:09pm | 20 | 866k |
| 24th Mar 2025 2025-03-24T14:31:02 | Ceasing to be a substantial holder | YesNo | 2:31pm | 24 | 1.9M |
| 21st Mar 2025 2025-03-21T18:37:38 | Ceasing to be a substantial holder from MS | YesNo | 6:37pm | 19 | 507k |
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.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 28 Mar 2025 | $2.39 | $0.10 | 4.37% | 6,949,365 | $2.32 | $2.43 | $2.32 |
| 27 Mar 2025 | $2.29 | $0.04 | 1.78% | 2,949,371 | $2.21 | $2.30 | $2.21 |
| 26 Mar 2025 | $2.25 | $0.05 | 2.27% | 4,576,608 | $2.22 | $2.30 | $2.22 |
| 25 Mar 2025 | $2.20 | $-0.01 | -0.45% | 3,605,705 | $2.17 | $2.21 | $2.12 |
| 24 Mar 2025 | $2.21 | $-0.04 | -1.78% | 5,494,155 | $2.26 | $2.28 | $2.18 |
| 21 Mar 2025 | $2.25 | $-0.05 | -2.17% | 12,826,199 | $2.28 | $2.30 | $2.24 |
| 20 Mar 2025 | $2.30 | $0.01 | 0.44% | 5,784,098 | $2.29 | $2.31 | $2.27 |
| 19 Mar 2025 | $2.29 | $-0.03 | -1.29% | 5,389,525 | $2.29 | $2.33 | $2.25 |
| 18 Mar 2025 | $2.32 | $0.08 | 3.57% | 3,953,440 | $2.33 | $2.36 | $2.27 |
| 17 Mar 2025 | $2.24 | $0.03 | 1.36% | 3,956,865 | $2.20 | $2.26 | $2.17 |
| 14 Mar 2025 | $2.21 | $0.06 | 2.79% | 3,626,031 | $2.24 | $2.27 | $2.21 |
| 13 Mar 2025 | $2.15 | $0.06 | 2.87% | 5,196,143 | $2.14 | $2.19 | $2.14 |
| 12 Mar 2025 | $2.09 | $-0.01 | -0.48% | 4,730,100 | $2.16 | $2.17 | $2.06 |
| 11 Mar 2025 | $2.10 | $-0.14 | -6.25% | 5,024,323 | $2.20 | $2.20 | $2.03 |
| 10 Mar 2025 | $2.24 | $0.03 | 1.36% | 4,823,243 | $2.18 | $2.24 | $2.18 |
| 07 Mar 2025 | $2.21 | $0.10 | 4.74% | 8,669,189 | $2.10 | $2.21 | $2.07 |
| 06 Mar 2025 | $2.11 | $0.23 | 12.20% | 5,732,228 | $1.94 | $2.13 | $1.91 |
| 05 Mar 2025 | $1.89 | $0.12 | 6.78% | 4,410,242 | $1.78 | $1.89 | $1.78 |
| 04 Mar 2025 | $1.77 | $-0.01 | -0.56% | 3,075,369 | $1.78 | $1.82 | $1.75 |
| 03 Mar 2025 | $1.78 | $0.04 | 2.31% | 2,103,559 | $1.74 | $1.79 | $1.73 |
| 28 Feb 2025 | $1.74 | $-0.02 | -1.14% | 6,606,332 | $1.71 | $1.77 | $1.70 |
| 27 Feb 2025 | $1.76 | $0.03 | 1.74% | 1,608,601 | $1.74 | $1.79 | $1.74 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 13 Feb 2025 | Lyndon Hopkins | Expiry | 10,354 | $18,430 |
As advised by the company. 13,98,530 - Performance Rights
Lapse of 2024 STI Performance Rights |
| 13 Feb 2025 | Rodney (Rod) Leonard | Issued | 32,509 | $57,866 |
Issue of securities. 79,146 - Performance Rights
|
| 13 Feb 2025 | Richard Hyde | Expiry | 15,099 | $26,876 |
As advised by the company. 2,109,973 - Performance Rights
Lapse of 2024 STI Performance Rights |
| 13 Feb 2025 | Elizabeth(Libby) Mounsey | Expiry | 8,053 | $14,334 |
As advised by the company. 579,679 - Performance Rights
Lapse of 2024 STI Performance Rights |
| 13 Feb 2025 | Stewart Findlay | Issued | 26,413 | $47,015 |
Issue of securities. 63,723 - Performance Rights
|
| 13 Feb 2025 | Robin Romero | Issued | 26,413 | $47,015 |
Issue of securities. 63,723 - Performance Rights
|
| 25 Oct 2024 | Elizabeth(Libby) Mounsey | Sell | 14,000 | $25,235 |
On-market trade.
|
| 16 Oct 2024 | Nigel Spicer | Exercise | 30,906 | $48,058 |
Conversion of securities. 37,310 Performance Rights
|
| 16 Oct 2024 | Nigel Spicer | Issued | 30,906 | $48,058 |
Conversion of securities.
|
| 15 Oct 2024 | Lyndon Hopkins | Issued | 149,456 | $230,909 |
Conversion of securities.
|
| 15 Oct 2024 | Lyndon Hopkins | Exercise | 149,456 | $230,909 |
Conversion of securities. 1,408,884 Rights
|
| 14 Oct 2024 | Richard Hyde | Exercise | 1,283,872 | $1,919,388 |
Conversion of securities. 2,125,072 Rights
|
| 14 Oct 2024 | Richard Hyde | Issued | 1,283,872 | $1,919,388 |
Conversion of securities.
|
| 10 Sep 2024 | Lyndon Hopkins | Buy | 693,265 | $946,306 |
Conversion of securities.
|
| 10 Sep 2024 | Lyndon Hopkins | Exercise | 693,265 | $946,306 |
Conversion of securities. 1,558,340 RIGHTS
|
| 09 Sep 2024 | Lyndon Hopkins | Sell | 237,676 | $311,355 |
On-market trade.
|
| 06 Sep 2024 | Lyndon Hopkins | Sell | 1,120,648 | $1,524,081 |
On-market trade.
|
| 15 May 2024 | Robin Romero | Issued | 30,906 | $45,122 |
Conversion of securities.
|
| 15 May 2024 | Robin Romero | Exercise | 30,906 | $45,122 |
Conversion of securities. 37,310 - Performance Rights
|
| 10 May 2024 | Robin Romero | Issued | 37,310 | $53,539 |
Issue of securities. 68,216 rights
|
| 10 May 2024 | Nigel Spicer | Issued | 37,310 | $53,539 |
Issue of securities. 68,216 Rights
|
| 10 May 2024 | Richard Hyde | Issued | 1,035,354 | $1,485,732 |
Issue of securities. 3,408,944 Rights
|
| 10 May 2024 | Stewart Findlay | Issued | 37,310 | $53,539 |
Issue of securities. 37,310 Performance Rights
|
| 10 May 2024 | Elizabeth(Libby) Mounsey | Issued | 322,108 | $462,224 |
Issue of securities. 587,732 Rights
|
| 10 May 2024 | Lyndon Hopkins | Issued | 690,234 | $990,485 |
Issue of securities. 2,251,605 Rights
|
| 10 May 2024 | Rodney (Rod) Leonard | Issued | 46,637 | $66,924 |
Issue of securities. 46,637 Performance Rights
|
| 30 Apr 2024 | Nigel Spicer | Sell | 20,000 | $27,000 |
On-market trade.
|
| 26 Apr 2024 | Lyndon Hopkins | Sell | 473,061 | $614,863 |
On-market trade. As per announcement on 01-05-2024
|
| 24 Apr 2024 | Lyndon Hopkins | Exercise | 251,196 | $152,249 |
Exercise of options.
|
| 24 Apr 2024 | Lyndon Hopkins | Issued | 251,196 | $152,249 |
Exercise of options.
|
| 24 Apr 2024 | Lyndon Hopkins | Sell | 652,113 | $853,689 |
On-market trade.
|
| 24 Apr 2024 | Richard Hyde | Sell | 2,000,000 | $2,629,402 |
On-market trade.
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Lyndon George Hopkins | Chief Operating OfficerExecutive Director | Sep 2019 |
Mr Hopkins is a geologist with more than 30 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 Nigel Arthur Spicer | Non-Executive Director | Sep 2019 |
Mr Spicer is a Mining Engineer with more than 40 years of experience in mining and has held operational and executive management positions with mining companies in Africa, UK, Australia, Indonesia, PNG, Brazil and Philippines. He has open pit and underground (narrow vein and bulk tonnage) mining experience across a range of commodities, including gold and copper. He has experience managing both owner and contract mining fleets and has been involved in the commissioning of several gold mines in Australia and Africa. He is the Chair of the Technical committee and a member of the Risk committee.
|
| Mr Rodney (Rod) Lloyd Leonard | Non-Executive DirectorLead Independent Director | Sep 2019 |
Mr Leonard is one of the founding Directors of Lycopodium Limited and served as an Executive Director of Lycopodium Limited from 2004 to 2019. He has more than 30 years of experience in the operation and project development of major 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 a member of the Technical and Chair of the Risk committee.
|
| Mr Richard Hyde | Chief Executive OfficerExecutive ChairmanExecutive Director | Sep 2006 |
Mr Hyde is a geologist with more than 25 years of experience in the mining industry and more than 20 years of experience in West Africa. He has managed large exploration and development projects for gold and base metals in Australia, Africa and Eastern Europe. He led the Company from incorporation in 2006, through to IPO in 2010, the discovery, development, and operation of Sanbrado, and the acquisition and construction of Kiaka. 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 a former General Counsel and Executive Director of mining contractor Barminco Limited and is Legal Counsel at FMR Investments Pty Ltd. She is currently a NED of ASX-listed Euroz Hartleys Group Limited and a NED of not-for-profit group Greening Australia Limited. Prior to these roles, Ms Romero spent more than 10 years working in large accounting and law firms including KPMG, EY, and King & Wood Mallesons. She is a member of the Risk 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.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 359,542,903 | 31.55% |
| J P Morgan Nominees Australia Pty Limited | 192,151,537 | 16.86% |
| Citicorp Nominees Pty Limited | 181,419,922 | 15.92% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 59,368,589 | 5.21% |
| Mr And Mrs Anthony Poli | 51,297,811 | 4.50% |
| BNP Paribas Noms Pty Ltd | 41,224,111 | 3.62% |
| HSBC Custody Nominees (Australia) Limited <Gsco Customers A/C> | 20,435,815 | 1.79% |
| BNP Paribas Nominees Pty Ltd <Clearstream> | 19,068,125 | 1.67% |
| Mr Richard Hyde | 17,148,169 | 1.50% |
| National Nominees Limited | 15,127,754 | 1.33% |
| Stichting Lichfield Us\C <A/C 051 52041 9> | 13,250,000 | 1.16% |
| BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> | 10,361,047 | 0.91% |
| BNP Paribas Nominees Pty Ltd <Agency Lending A/C> | 8,304,375 | 0.73% |
| BNP Paribas Noms Pty Ltd <Global Markets> | 7,885,855 | 0.69% |
| Gams Mining F&I Ltd | 4,931,224 | 0.43% |
| Neweconomy Com Au Nominees Pty Limited <900 Account> | 4,227,362 | 0.37% |
| BNP Paribas Nominees Pty Ltd <Agency Lending Collateral> | 4,098,000 | 0.36% |
| HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> | 3,924,012 | 0.34% |
| Maple And Redwood Pty Ltd <G & S Haines Super Fund A/C> | 3,895,382 | 0.34% |
| HSBC Custody Nominees (Australia) Limited Gsco Eca | 2,604,324 | 0.23% |