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WA8

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    0.149$
  • Previous Close
    0.149$
  • 52 Week Change
    0.12$
  • Day Range
    0.00$
  • 52 Week High/Low
    0.041$ - 0.1575$
  • Dividend Per Share
    --
  • Market cap
    178 M$
  • EPS
    -0.01
  • Beta
    1.281
  • Volume
    --

About

WA8.AU is the stock ticker symbol for West African Resources Limited, an Australian gold producer with operations primarily focused on the Sanbrado Gold Project in Burkina Faso, West Africa. The company explores, develops, and operates gold mines, aiming to increase production and reserves in the region. West African Resources is listed on the Australian Securities Exchange (ASX).

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Factors

Here's a breakdown of factors affecting WA8.AU's stock price: Company Performance: Revenue, profitability, and growth prospects significantly influence investor confidence.

Commodity Prices: As a resource company, fluctuations in the price of the commodities WA8.AU produces or explores impact profitability.

Market Sentiment: Overall investor mood regarding the resource sector and Australian market affects WA8.AU's valuation.

Exploration Success: Positive exploration results can drive stock price up; failures can have the opposite effect.

Operational Costs: Rising costs in mining or production can negatively impact profit margins and the stock price.

Regulatory Changes: New environmental regulations or mining policies can impact WA8.AU's operations and profitability.

Economic Conditions: Global and Australian economic health influences demand for resources and impacts WA8.AU's performance.

Interest Rates: Higher interest rates can increase borrowing costs and decrease investor appetite for riskier assets like resource stocks.

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