West African Resources Ltd ( (AU:WAF) ) has provided an update.
West African Resources Limited reported a solid start to 2025 with its Sanbrado Gold Operations producing 50,033 ounces of gold in the first quarter. The company sold 48,338 ounces at an average price of US$2,832 per ounce and is on track to meet its annual production guidance of 190,000 to 210,000 ounces. The increase in underground mined ounces and the steady performance of the Sanbrado process plant highlight the company’s strong operational capabilities, positioning it well within the industry.
More about West African Resources Ltd
West African Resources Limited is an unhedged gold mining company operating primarily through its Sanbrado Gold Operations. The company focuses on gold production and sales, with a market presence in the mining industry.
YTD Price Performance: 51.35%
Average Trading Volume: 17,576
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.55B
Find detailed analytics on WAF stock on TipRanks’ Stock Analysis page.