West African Resources Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Gold
  • Company website

Company description

West African Resources Limited engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. The company has 90% interests in the Sanbrado Gold Project covering an area of 116 square kilometers located in Burkina Faso; and Kiaka gold project located in Burkina Faso. It also holds 100% owned exploration license in the Toega Gold Project located in Burkina Faso. The company was incorporated in 2006 and is based in Subiaco, Australia.

Financial highlights

Market Capitalization$754.1931 million
P/E Ratio5.5
P/E Growth Ratio0
Book Value0.773
Dividend Per Share0
Earnings Per Share0.14
EBITDA280,257.984
Profit Margin0.2418
Operating Margin TTM0.3549
Return on Assets TTM0.1419
Return on Equity TTM0.2157
Revenue TTM595,579.008

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2007-06-30 4 126
2008-06-30 9 125
2009-06-30 2 20
2010-06-30 29 1,225 1,800.602
2011-06-30 205 2,667 3,933.126
2012-06-30 251 4,315 5,747.027
2013-06-30 151 5,886 0 7,647.927
2014-06-30 40 12,932 -41.941 14,427.304
2015-06-30 11 4,265 -69.77 7,976.545
2016-06-30 35 93.88 -58.885 7,428.805
2017-06-30 256.66 94.886 161.777 14,818.102
2018-06-30 460.62 48 413 26,381.972
2019-06-30 405 116 694 7,344
2020-06-30 1,239 1,239 6,942
2021-06-30 310,315 121,163 189,152 36,693
2022-06-30 711,536 249,564 461,972 75,152
2023-06-30 606,134 265,680 340,454 83,828

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2007-06-30 289 313 74 400
2008-06-30 53 67 127 501
2009-06-30 98 117 137 578
2010-06-30 5,663.081 6,289.076 621.797 7,981.743
2011-06-30 8,069.198 9,083.3 304.566 14,564.657
2012-06-30 3,929.293 4,549.968 807.231 14,564.657
2013-06-30 3,328.461 4,004.194 637.425 20,508.445
2014-06-30 2,522.917 3,090.192 604.697 32,173.325
2015-06-30 3,511.892 3,810.071 7,161.956 6,493.506 6,494 32,173.325
2016-06-30 11,376.615 11,656.632 8,466.73 6,756.756 45,556.946
2017-06-30 10,549.95 11,051.621 1,970.499 0 65,669.714
2018-06-30 42,565.271 43,689.38 4,396.97 0 120,814.783
2019-06-30 66,355 89,609 9,758 0 161,947
2020-06-30 83,584 335,959 261,728 1,888 235,063 162,919
2021-06-30 95,027 530,713 358,448 137,245 93,669 165,263
2022-06-30 183,374 804,247 249,841 5,805 12,904 335,334
2023-06-30 173,393 878,705 138,138 20,730 0 335,630

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2007-06-30
2008-06-30
2009-06-30 98.099
2010-06-30 -1,788.758 5,564.982 98.099 5,663.081
2011-06-30 -3,947.566 2,406.117 5,663.081 8,069.198
2012-06-30 -5,443.065 -4,139.905 8,069.198 3,929.293
2013-06-30 -7,240.58 -7,000 -600.832 3,929.293 3,328.461
2014-06-30 -14,036.613 -5,274.35 -805.544 3,328.461 2,522.917
2015-06-30 -7,691.331 -5,250.059 988.975 2,522.917 3,511.892
2016-06-30 -7,805.445 -6,273.82 7,864.723 3,511.892 11,376.615
2017-06-30 -14,323.895 -14,209.786 -826.665 11,376.615 10,549.95
2018-06-30 -25,300.694 -23,046 32,015.321 10,549.95 42,565.271
2019-06-30 -7,072 -8,460 47,580 42,565.271 66,355
2020-06-30 -1,667 -6,587 17,229 66,355 83,584 -251,799
2021-06-30 89,362 147,921 11,443 83,584 95,027 -15,443
2022-06-30 188,964 349,660 88,347 95,027 183,374 -44,725
2023-06-30 164,443 223,799 -9,981 183,374 173,393