WAF west african resources limited

Why the overreaction?

  1. 175 Posts.
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    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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(20min delay)
Last
$2.38
Change
-0.010(0.42%)
Mkt cap ! $2.713B
Open High Low Value Volume
$2.38 $2.43 $2.38 $6.758M 2.829M

Buyers (Bids)

No. Vol. Price($)
2 41870 $2.38
 

Sellers (Offers)

Price($) Vol. No.
$2.42 19466 4
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
WAF (ASX) Chart
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