West African Resources Ltd traded at 1.30 this Tuesday July 5th, increasing 0.06 or 4.86 percent since the previous trading session. Looking back, over the last four weeks, West African Resources Ltd gained 3.72 percent. Over the last 12 months, its price rose by 23.33 percent. Looking ahead, we forecast West African Resources Ltd to be priced at 1.18 by the end of this quarter and at 1.10 in one year, according to Trading Economics global macro models projections and analysts expectations.

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West African Resources Ltd
West African Resources Limited is an Australia-based gold exploration company, which is focused on the acquisition, exploration and development of gold projects in West Africa. The Company is principally engaged in developing and operating its key asset, the Sanbrado Gold Project, located in Burkina Faso. The Company’s operating segments include Mining Operations and Exploration. The Sanbrado Gold project is located approximately 90 kilometers east-southeast of Ouagadougou, the capital of Burkina Faso. The Sanbrado covers an aggregate area of approximately 116 square kilometer, comprising one granted mining permit and one granted exploration license. The Sanbrado also includes several open pits, all within one to two kilometers of the plant site, and an underground mine accessed through a box-cut and portal immediately to the southwest of the M1 South open pit. Its projects also include Toega Gold Project, which is located 14 kilometers from its existing Sanbrado gold operation.