Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

West African Resources Ltd

WAF.AX ✓ COMPLIANT ☆ Track — members

ASX · Basic Materials · Gold ·

Australia Mid Cap Analyst: BUY

Last Close

$2.40

▼ -2.59%

Market Cap $2.74B · Vol 3.54M

Key Metrics

P/E Ratio

8.21

FWD: 4.49

Market Cap

$2.74B

Mid Cap

Div Yield

N/A

Semi-annual dividend

EPS Growth

+88.23%

YoY

RSI (14)

68.00

Momentum

Beta

1.19

vs Market

52W High

$2.81

14.19% below

52W Low

$1.78

46.79% above

Volume

3.54M

Avg 3.99M

P/B

1.99

Price-to-book

ROE

31.94%

Return on equity

Free Float

83.15%

Public shares

Shariah Compliance8 STANDARDS

✓ Yes, West African Resources Ltd (WAF.AX) stock is Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

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See the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does WAF.AX pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

-2.59%

+20.21%

+2.11%

-3.42%

YTD

+13.00%

+24.18%

+362.03%

+232.35%

Financials & Valuation

TTM · Annual

Total Revenue	$1.03B
Net Income	$378.57M
Revenue Growth (YoY)	+176.39%
Gross Margin	57.10%
Operating Margin	53.11%
Net Profit Margin	36.77%
ROE	31.94%
ROA · ROIC	34.45% · 25.05%

P/E Ratio	8.21
Forward P/E (FY1)	4.49
PEG Ratio	0.07
P/S	2.23
P/B	1.99
P/FCF	11.38
EPS Growth	+88.23%
Outstanding Shares	1.14B

Technical Indicators

50-Day SMA	$2.12
200-Day SMA	$2.22
RSI (14)	68.00
Beta	1.19
52-Week High	$2.81
52-Week Low	$1.78

Volume Today	3.54M
Avg Daily Volume (30D)	3.99M
Relative Volume	0.89x
Volatility (10D)	42.50
Volatility (30D)	51.45
Free Float	83.15%

Analyst Consensus

BUY

Current Price $2.40

Mean Target $3.32

52W Low$1.78 52W High$2.81

Current

Target

$1.78 $2.81

Current Analyst target

+38.20% upside potential · 4 analysts

Identifiers

ExchangeASX

FIGIBBG001T8ZC12

ISINAU000000WAF6

CountryAustralia

Sub-IndustryGold Mining

Earnings DateAug 23, 2026

TypeStocks

Instrument TypeFULLPAID Fully Paid Ordinary

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Company Profile

West African Resources Limited is an Australia-based gold mining company. The Company is engaged in mining, mineral processing, exploration, project development, community and social sustainability, and rehabilitation within the West African country of Burkina Faso. It operates through two segments: the Mining Operations, which comprises the Sanbrado Gold Project operations located in Burkina Faso, and Construction and Exploration & Evaluation (E&E) segment comprises mines under construction and exploration and evaluation projects in locations other than Sanbrado. Its Sanbrado Gold Project is located approximately 90 kilometers (kms) east-southeast of Ouagadougou, the capital of Burkina Faso. Its Kiaka Gold Project is approximately 45 km south of Sanbrado Gold Mine in Burkina Faso. Its Toega Gold Project is located 14 km southwest of the Company’s Sanbrado gold operation. Its tenement portfolio comprises over 1,334 km2 over the Markoye fault region in central and southern Burkina Faso.