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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3.02%
!
$2.25

Why the overreaction?
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Last
$2.25 |
Change
-0.070(3.02%) |
Mkt cap ! $2.553B |
Open | High | Low | Value | Volume |
$2.28 | $2.30 | $2.21 | $12.33M | 5.478M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 94221 | $2.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.25 | 140296 | 80 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 60674 | 2.240 |
39 | 121840 | 2.230 |
28 | 230674 | 2.220 |
21 | 241492 | 2.210 |
22 | 128286 | 2.200 |
Price($) | Vol. | No. |
---|---|---|
2.250 | 164441 | 71 |
2.260 | 173109 | 33 |
2.270 | 171929 | 22 |
2.280 | 65100 | 9 |
2.290 | 239336 | 5 |
Last trade - 14.58pm 18/06/2025 (20 minute delay) ? |
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WAF (ASX) Chart |
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CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
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