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

Price

$2.78

Movement

0.05 (-1.77%)

as at 2 Jun - Closed (20 mins delayed)

52 Week Range

$1.18 - $2.83

 
1 Year Return

+81.7%

West African Resources Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $3.23 billion
P/E Ratio 13.74
Dividend Yield 0.00%
Shares Outstanding 1.14 billion
Earnings per share 0.206
Dividend per share N/A
Year To Date Return 97.21%
Earnings Yield 7.28%
Franking -
Share Price

$2.78

Day Change

0.05 (-1.77%)

52 Week Range

$1.18 - $2.83

Yesterday's Close

$2.83

Today's Open

$2.80

Days Range

$2.77 - $2.86

Volume

2,591,421

Avg. Volume (1 month)

3,587,409

Turnover

$7,271,964

as at 2 Jun - Closed

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

    A cool man smiles as he is draped in gold cloth and wearing gold glasses.
    Gold

    Good as gold: 5 best ASX 200 gold shares of 2024

    It was a glittering year for the precious metal and these stocks certainly benefitted.

    Read more »

    A group of people in suits and hard hats celebrate the rising share price with champagne.
    Resources Shares

    5 of the best ASX 200 mining shares of 2024

    These miners dug up big returns for shareholders last year.

    Read more »

    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 »

    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
    2nd Jun 2025 2025-06-02T15:53:44 Ceasing to be a substantial holder from MUFGYesNo3:53pm23830k
    30th May 2025 2025-05-30T15:31:15 Ceasing to be a substantial holderYesNo3:31pm3168k
    28th May 2025 2025-05-28T16:55:24 Becoming a substantial holder from MUFGYesNo4:55pm182518k
    28th May 2025 2025-05-28T16:11:44 Becoming a substantial holderYesNo4:11pm86621k
    27th May 2025 2025-05-27T17:17:06 Becoming a substantial holderYesNo5:17pm4475k
    27th May 2025 2025-05-27T16:20:01 Ceasing to be a substantial holderYesNo4:20pm28478k
    26th May 2025 2025-05-26T16:34:23 Ceasing to be a substantial holder from MUFGYesNo4:34pm8249k
    23rd May 2025 2025-05-23T17:51:51 Becoming a substantial holder from MUFGYesNo5:51pm1791.4M
    23rd May 2025 2025-05-23T15:58:56 Ceasing to be a substantial holderYesNo3:58pm3530k
    22nd May 2025 2025-05-22T17:14:53 Becoming a substantial holderYesNo5:14pm4554k

    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
    30 May 2025 $2.83 $0.15 5.60% 6,554,115 $2.68 $2.83 $2.68
    29 May 2025 $2.68 $0.01 0.37% 2,947,706 $2.67 $2.72 $2.64
    28 May 2025 $2.67 $-0.01 -0.37% 2,830,864 $2.66 $2.69 $2.63
    27 May 2025 $2.68 $0.00 0.00% 3,200,168 $2.66 $2.71 $2.65
    26 May 2025 $2.68 $0.03 1.13% 2,901,370 $2.69 $2.70 $2.65
    23 May 2025 $2.65 $0.03 1.15% 3,463,917 $2.57 $2.67 $2.55
    22 May 2025 $2.62 $0.13 5.22% 3,153,184 $2.54 $2.63 $2.52
    21 May 2025 $2.49 $0.16 6.87% 5,454,769 $2.50 $2.55 $2.46
    20 May 2025 $2.33 $0.04 1.75% 3,056,036 $2.32 $2.35 $2.30
    19 May 2025 $2.29 $0.02 0.88% 3,074,797 $2.27 $2.33 $2.25
    16 May 2025 $2.27 $0.07 3.18% 2,492,209 $2.30 $2.30 $2.25
    15 May 2025 $2.20 $-0.09 -3.93% 3,774,700 $2.23 $2.25 $2.18
    14 May 2025 $2.29 $0.02 0.88% 3,289,405 $2.27 $2.34 $2.26
    13 May 2025 $2.27 $-0.15 -6.20% 5,511,024 $2.31 $2.31 $2.20
    12 May 2025 $2.42 $-0.09 -3.59% 3,952,761 $2.47 $2.50 $2.42
    09 May 2025 $2.51 $0.00 0.00% 3,974,402 $2.46 $2.52 $2.42
    08 May 2025 $2.51 $0.05 2.03% 3,066,376 $2.51 $2.55 $2.48
    07 May 2025 $2.46 $0.03 1.23% 3,917,878 $2.48 $2.52 $2.45
    06 May 2025 $2.43 $0.15 6.58% 2,980,295 $2.35 $2.43 $2.35
    05 May 2025 $2.28 $-0.04 -1.72% 2,721,268 $2.30 $2.30 $2.27
    02 May 2025 $2.32 $0.01 0.43% 3,018,355 $2.29 $2.32 $2.26

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    14 May 2025 Rodney (Rod) Leonard Exercise 46,637 $106,798
    Conversion of securities. 32,509 Performance Rights
    14 May 2025 Rodney (Rod) Leonard Issued 46,637 $106,798
    Conversion of securities.
    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.
    09 May 2025 Elizabeth(Libby) Mounsey Issued 302,064 $758,180
    Issue of securities. 8,81,743 Rights
    09 May 2025 Richard Hyde Issued 996,816 $2,502,008
    Issue of securities. 3,106,789 Performance Rights
    09 May 2025 Lyndon Hopkins Issued 679,647 $1,705,913
    Issue of securities. 20,78,177 Rights
    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 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
    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
    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.

    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 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.
    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 currently leads the mining technology development function at South32. She 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.
    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