Why is the Burkina Faso-related drop in WAF so much more than other Burkina Faso gold miners? At the time of typing this, WAF (at $1.43) is down 14% from Friday's close. Other Burkina Faso gold miners, such as Endeavour Mining (London: EDV), Orezone Gold (Toronto: ORE), Fortuna Mining (Toronto: FVI; New York: FSM), are down between 5% and 8%. Is there a structural reason why WAF was hit harder, or is it a mispricing by the market which oversold WAF? WAF is run very well, so I cannot find a reason for this overreaction?!
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WAF
west african resources limited
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3.00%
!
$2.24

Why the overreaction?
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Last
$2.24 |
Change
0.065(3.00%) |
Mkt cap ! $2.473B |
Open | High | Low | Value | Volume |
$2.20 | $2.27 | $2.18 | $1.700M | 761.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 48950 | $2.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.24 | 51562 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 48600 | 2.230 |
19 | 75554 | 2.220 |
15 | 144329 | 2.210 |
13 | 67349 | 2.200 |
10 | 80027 | 2.190 |
Price($) | Vol. | No. |
---|---|---|
2.240 | 51816 | 26 |
2.250 | 89698 | 20 |
2.260 | 145445 | 22 |
2.270 | 121872 | 16 |
2.280 | 321142 | 15 |
Last trade - 10.41am 23/06/2025 (20 minute delay) ? |
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WAF (ASX) Chart |