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

Price

$2.32

Movement

0.02 (-0.86%)

as at 2 Apr - Closed (20 mins delayed)

52 Week Range

$1.18 - $2.43

 
1 Year Return

+81.96%

West African Resources Ltd Chart and Price Data

2025
2025
2025
2025
$1
$2
$3
$1
$2
$3
$1
$2
$3
$1
$2
$3

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $2.67 billion
P/E Ratio 11.60
Dividend Yield 0.00%
Shares Outstanding 1.14 billion
Earnings per share 0.206
Dividend per share N/A
Year To Date Return 66.55%
Earnings Yield 8.62%
Franking -
Share Price

$2.32

Day Change

0.02 (-0.86%)

52 Week Range

$1.18 - $2.43

Yesterday's Close

$2.34

Today's Open

$2.32

Days Range

$2.29 - $2.355

Volume

2,322,024

Avg. Volume (1 month)

5,042,163

Turnover

$5,400,634

as at 2 Apr - Closed

West African Resources Ltd (ASX: WAF)
Latest News

A smiling miner wearing a high vis vest and yellow hardhat does the thumbs up in front of an open pit copper mine.
Resources Shares

Why are ASX 200 mining shares going gangbusters on Friday?

Gold and uranium stocks are dominating the top 10 risers of the ASX 200 today.

Read more »

A panel of four judges hold up cards all showing the perfect score of ten out of ten
Share Market News

Here are the top 10 ASX 200 shares today

The ASX was back to fine form this Thursday...

Read more »

A woman's hand draws a stylised 'Top Ten' on a projected surface.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a red day for the markets this Wednesday.

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

The worst ASX 200 shares to own in November unmasked

These three ASX 200 shares were best avoided in November.

Read more »

sad party goer sitting alone after celebration
Share Market News

Here are the top 10 ASX 200 shares today

It was a rough session for ASX investors this hump day...

Read more »

A diverse group of people form a circle at a park and raise their arms together.
Share Market News

Here are the top 10 ASX 200 shares today

ASX investors ended the trading week on a high note this Friday...

Read more »

Man standing on rock next to turquoise salt lagoon.
Share Gainers

Here are the top 10 ASX 200 shares today

Do you own any of today's best shares?

Read more »

Father in the ocean with his daughters, symbolising passive income.
Share Gainers

These 3 ASX 200 shares smashed the benchmark this week. Own any?

ASX 200 investors sent these three ASX 200 shares flying higher this week.

Read more »

Person pretends to types on laptop drawn in sand.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a tough session for ASX 200 shares this Thursday.

Read more »

Man with backpack spreading his arms out and soaking in the sun.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a great start to the week's trading for ASX shares today.

Read more »

Hands reaching high for a trophy with a sunset in the background.
Share Gainers

Here are the top 10 ASX 200 shares today

ASX shares had a strong start to the week today.

Read more »

Man on a laptop thinking.
Share Gainers

Here are the top 10 ASX 200 shares today

ASX shares had a rough session this Tuesday.

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
31st Mar 2025 2025-03-31T17:12:25 Application for quotation of securities - WAFYesNo5:12pm616k
27th Mar 2025 2025-03-27T19:02:03 Becoming a substantial holderYesNo7:02pm34381k
26th Mar 2025 2025-03-26T18:38:12 Ceasing to be a substantial holder from MUFGYesNo6:38pm12423k
26th Mar 2025 2025-03-26T18:36:52 Ceasing to be a substantial holderYesNo6:36pm6759k
26th Mar 2025 2025-03-26T08:17:54 WAF Retirement and Nomination of Directors 2025 AGMYesNo8:17am2236k
25th Mar 2025 2025-03-25T18:41:50 Ceasing to be a substantial holderYesNo6:41pm3439k
25th Mar 2025 2025-03-25T18:23:15 Becoming a substantial holderYesNo6:23pm303.5M
24th Mar 2025 2025-03-24T17:26:23 Change in substantial holding from MUFGYesNo5:26pm10336k
24th Mar 2025 2025-03-24T15:09:17 Change in substantial holding from MUFGYesNo3:09pm20866k
24th Mar 2025 2025-03-24T14:31:02 Ceasing to be a substantial holderYesNo2:31pm241.9M

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
31 Mar 2025 $2.32 $-0.07 -2.93% 3,030,022 $2.35 $2.38 $2.32
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

Director Transactions Data provided by Morningstar.

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 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
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
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 Issued 1,283,872 $1,919,388
Conversion of securities.
14 Oct 2024 Richard Hyde Exercise 1,283,872 $1,919,388
Conversion of securities. 2,125,072 Rights
10 Sep 2024 Lyndon Hopkins Exercise 693,265 $946,306
Conversion of securities. 1,558,340 RIGHTS
10 Sep 2024 Lyndon Hopkins Buy 693,265 $946,306
Conversion of securities.
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 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
10 May 2024 Stewart Findlay Issued 37,310 $53,539
Issue of securities. 37,310 Performance Rights
10 May 2024 Richard Hyde Issued 1,035,354 $1,485,732
Issue of securities. 3,408,944 Rights
10 May 2024 Nigel Spicer Issued 37,310 $53,539
Issue of securities. 68,216 Rights
10 May 2024 Elizabeth(Libby) Mounsey Issued 322,108 $462,224
Issue of securities. 587,732 Rights
10 May 2024 Robin Romero Issued 37,310 $53,539
Issue of securities. 68,216 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 Issued 251,196 $152,249
Exercise of options.
24 Apr 2024 Lyndon Hopkins Sell 652,113 $853,689
On-market trade.
24 Apr 2024 Lyndon Hopkins Exercise 251,196 $152,249
Exercise of options.
24 Apr 2024 Richard Hyde Sell 2,000,000 $2,629,402
On-market trade.

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 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.

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%

Profile

since

Note