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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3.85%
!
$2.13

Why is the Burkina Faso-related drop in WAF so much more than...
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Last
$2.13 |
Change
-0.085(3.85%) |
Mkt cap ! $2.422B |
Open | High | Low | Value | Volume |
$2.19 | $2.19 | $2.11 | $5.661M | 2.651M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 60008 | $2.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.13 | 51839 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 91540 | 2.110 |
53 | 177372 | 2.100 |
30 | 164126 | 2.090 |
16 | 78667 | 2.080 |
10 | 245657 | 2.070 |
Price($) | Vol. | No. |
---|---|---|
2.120 | 90063 | 65 |
2.130 | 67704 | 35 |
2.140 | 126640 | 23 |
2.150 | 127943 | 17 |
2.160 | 119729 | 15 |
Last trade - 13.14pm 25/06/2025 (20 minute delay) ? |
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WAF (ASX) Chart |