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WAF · ASX

West African Resources Ltd (ASX:WAF)

AU$1.36

 -0.025 (-1.812%)
ASX:Live
06/09/2024 04:10:33 PM
Recent Earnings upgrade HALO Small HALO Ords HALO MQV SMALL HALO 200 +4
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

WAF Overview

WAF Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Weak

GARP

Neutral

MQV Small

Very Weak

Valuation

Value

Consensus

Momentum

Price

Neutral

Earnings

Neutral

Growth

Earnings

Very Strong

Dividends

Very Strong

Quality

Capital Efficiency

Weak

Balance Sheet

Neutral

About WAF

Telephone

Address

Description

West African Resources Ltd. engages in the exploration and development of mineral properties. It operates through the Mining Operations, and Exploration and Evaluation segments. The Mining Operations segment is involved in the operations of Sanbrado gold project. The Exploration and Evaluation segment relates to the exploration and evaluation activities other than Sanbrado. The company was founded by Richard Hyde on September 1, 2006 and is headquartered in Subiaco, Australia.

WAF Price Chart

Key Stats

Market Cap

AU$1.55B

PE

7.00

EV/EBITDA

2.7

Dividends Overview

DIV Yield

.0%

Franking

N/A

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 0.66 - 1.64

Trade Value (12mth)

AU$915,020.00

1 week

-3.5%

1 month

0.36%

YTD

40.82%

1 year

69.33%

All time high

1.64

Key Fundamentals

EPS 3 yr Growth

39.80%

EBITDA Margin

49.90%

Operating Cashflow

$135m

Free Cash Flow Return

N/A

ROIC

N/A

Interest Coverage

329.80

Quick Ratio

N/A

Other Data

Shares on Issue (Fully Dilluted)

1034m

HALO Sector

Next Company Report Date

27-Mar-25

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

0.28

WAF Announcements

Latest Announcements

Date Announcements

05 September 24

Ceasing to be a substantial holder from MS

×

Ceasing to be a substantial holder from MS

05 September 24

Ceasing to be a substantial holder from MUFG

×

Ceasing to be a substantial holder from MUFG

04 September 24

Ceasing to be a substantial holder

×

Ceasing to be a substantial holder

03 September 24

Becoming a substantial holder from MS

×

Becoming a substantial holder from MS

03 September 24

Change in substantial holding from MUFG

×

Change in substantial holding from MUFG

02 September 24

Change in substantial holding

×

Change in substantial holding

30 August 24

Change in substantial holding from MUFG

×

Change in substantial holding from MUFG

29 August 24

Becoming a substantial holder from MS

×

Becoming a substantial holder from MS

29 August 24

Change in substantial holding from MUFG

×

Change in substantial holding from MUFG

29 August 24

Change in substantial holding

×

Change in substantial holding

29 August 24

Ceasing to be a substantial holder from MS

×

Ceasing to be a substantial holder from MS

28 August 24

Becoming a substantial holder from MUFG

×

Becoming a substantial holder from MUFG

27 August 24

June 2024 Half Year Financial Report

×

June 2024 Half Year Financial Report

27 August 24

WAF Delivers $92 Million NPAT for H1 2024

×

WAF Delivers $92 Million NPAT for H1 2024

27 August 24

Becoming a substantial holder

×

Becoming a substantial holder

20 August 24

West African hits 45m at 7.3 g/t gold below reserves at M1S

×

West African hits 45m at 7.3 g/t gold below reserves at M1S

15 August 24

Application for quotation of securities - WAF

×

Application for quotation of securities - WAF

13 August 24

WAF Kiaka South surprises with 22m at 7.6 g/t gold

×

WAF Kiaka South surprises with 22m at 7.6 g/t gold

12 August 24

Change in substantial holding

×

Change in substantial holding

08 August 24

Burkina Faso Adopts New Mining Code

×

Burkina Faso Adopts New Mining Code

05 August 24

Becoming a substantial holder

×

Becoming a substantial holder

05 August 24

Diggers & Dealers Presentation 2024

×

Diggers & Dealers Presentation 2024

31 July 24

WAF hits 30m at 4.1 g/t gold in grade control at Kiaka

×

WAF hits 30m at 4.1 g/t gold in grade control at Kiaka

24 July 24

Quarterly Activities Report

×

Quarterly Activities Report

24 July 24

Quarterly Cashflow Report

×

Quarterly Cashflow Report

WAF Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.21 0.16 0.14 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.21 0.16 0.14 Lock Lock Lock
     Growth % Lock Lock Lock Lock 104.8 -23.2 -11.0 Lock Lock Lock
     PE X Lock Lock Lock Lock 5.4 6.7 7.0 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 2.6 2.6 2.7 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 0.28 0.23 0.24 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 0.28 0.08 -0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock 93.9 -18.7 5.3 Lock Lock Lock
     Yield % Lock Lock Lock Lock 21.3 6.7 -1.9 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.00 0.00 0.00 Lock Lock Lock
     Growth % Lock Lock Lock Lock N/A N/A N/A Lock Lock Lock
     Yield % Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 0 0 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 0.51 0.68 0.84 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 0.51 0.68 0.84 Lock Lock Lock
     Growth % Lock Lock Lock Lock 173.5 33.1 22.5 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 912 1,031 1,031 Lock Lock Lock
Basic m Lock Lock Lock Lock 902 1,021 1,025 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 712 606 659 Lock Lock Lock
     Growth % Lock Lock Lock Lock 129.3 -14.8 8.7 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 9 10 10 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 402 276 261 Lock Lock Lock
     Growth % Lock Lock Lock Lock 147.5 -31.4 -5.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 56.5 45.5 39.6 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 43 54 60 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 444 316 321 Lock Lock Lock
     Growth % Lock Lock Lock Lock 151.6 -28.8 1.6 Lock Lock Lock
     Margin % Lock Lock Lock Lock 62.5 52.2 48.8 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 58 60 87 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 387 257 234 Lock Lock Lock
     Growth % Lock Lock Lock Lock 153.7 -33.7 -8.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 54.4 42.3 35.5 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 322 258 241 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 107 74 76 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 189 164 147 Lock Lock Lock
     Growth % Lock Lock Lock Lock 111.5 -13.0 -10.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 26.6 27.1 22.3 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 305 183 207 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 55 115 228 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -111 -188 -243 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -107 -8 -7 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 257 81 -18 Lock Lock Lock
     Growth % Lock Lock Lock Lock 937.4 -68.5 -122.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.4 0.1 -0.0 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 185 184 138 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 804 879 1,221 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 20 1 133 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -97 -161 11 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 250 138 315 Lock Lock Lock
Equity $m Lock Lock Lock Lock 525 700 861 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 545 702 994 Lock Lock Lock
     Growth % Lock Lock Lock Lock 101.8 28.8 41.6 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 23.5 18.7 12.0 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 36.0 23.5 17.1 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 73.2 36.5 25.7 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 46.4 26.4 17.3 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 74.8 29.4 24.4 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock 7.6 149.9 181.6 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.2 -0.5 0.0 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -18.5 -23.1 1.3 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 1.5 3.4 3.7 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.2 2.6 2.9 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 64.6 62.2 29.2 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 154.6 209.5 161.1 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 25.5 15.8 5.0 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 5.6 5.2 4.6 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 8.0 2.9 1.9 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 3.0 3.9 7.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.9 0.7 0.5 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.9 0.7 0.5 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 45.2 42.5 36.6 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 40.0 29.3 19.7 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 33.3 28.7 31.6 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 23.5 18.7 12.0 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.5 1.3 1.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 36.0 23.5 17.1 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 100.0 100.0 100.0 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 36.0 23.5 17.1 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 65.4 70.2 78.8 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 14.3 23.1 72.6 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 79.8 93.3 151.4 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 26.5 24.4 29.5 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock 53.2 68.9 122.0 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

.0%

Franking Level

N/A

DPSg

N/A

Quality Yield

Lock

Falling Divs over next 2

Lock

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.28%

Value ($M)

4

Prior Change

N/A

7 Day Change

-0.10%

1 Month Change

-0.20%

3 Month Change

N/A

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WAF Shortsell

Frequently Asked Questions

The current share price of West African Resources Ltd (WAF:ASX) is AU$1.36.
The 52-week high share price for West African Resources Ltd (WAF:ASX) is AU$1.64.
The 52-week low share price for West African Resources Ltd (WAF:ASX)? is AU$0.66.
The current TTM dividend payout for West African Resources Ltd (WAF:ASX) is 0.00.
West African Resources Ltd (WAF:ASX) does not pay a dividend.
West African Resources Ltd (WAF:ASX) has a franking level of 0.0%.
West African Resources Ltd (WAF:ASX) is classified in the Mining.
The current P/E ratio for West African Resources Ltd (WAF:ASX) is 7.00.