West African Resources Ltd ( (AU:WAF) ) has issued an update.
West African Resources Limited reported a strong financial performance for 2024, with a net profit after tax of $246 million and a revenue of A$730 million. The company produced 206,622 ounces of gold and is on track with the construction of its Kiaka project, expected to double its annual gold production to over 420,000 ounces by 2025.
More about West African Resources Ltd
West African Resources Limited is an unhedged gold mining company primarily focused on gold production. The company operates in the gold mining industry and is known for its Sanbrado production center, with a market focus on increasing its gold production capabilities.
YTD Price Performance: 45.95%
Average Trading Volume: 21,214
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.58B
For an in-depth examination of WAF stock, go to TipRanks’ Stock Analysis page.