What is the current price and valuation of WAF.AX stock?

WAF.AX stock trades at **A$2.78** pre-market. Key valuation metrics: **PE 9.59**, **EPS A$0.29**, and **Price/Book 2.24**. Market cap is about **A$3.18B** and free cash flow is negative **A$-0.25** per share.

What forecast does Meyka AI give for WAF.AX stock?

Meyka AI's forecast model projects **monthly A$2.91**, **quarterly A$4.24**, and **yearly A$4.57**, implying **64.40%** upside versus the **A$2.78** price. Forecasts are model-based projections and not guarantees.

What are the main risks for WAF.AX stock investors?

Major risks include operational execution at Sanbrado and Kiaka, Burkina Faso country risk, negative free cash flow, and metal-price volatility. Monitor production updates, unit costs, and capex guidance closely.

How does WAF.AX stock compare within the Basic Materials sector?

WAF.AX sits in the ASX Basic Materials gold cohort. The sector shows 3-month performance of **+5.54%**. WAF.AX has lower leverage and strong interest coverage versus peers, but higher capex intensity and negative free cash flow.

AU Stocks

A$2.78 WAF.AX West African Resources ASX pre-market earnings: 64.40% model upside

ByDanny Kontos March 17, 2026March 17, 2026

WAF.AX stock opens pre-market at A$2.78 on 17 Mar 2026 after West African Resources Limited released earnings on 16 March 2026. We see mixed signals: a PE of 9.59 and EPS of A$0.29 suggest earnings strength, while free cash flow remains negative. As an AI-powered market analysis platform, Meyka AI flags the results for close monitoring and links the earnings to near-term price action.