WFRSF

West African Resources Ltd

Basic Materials · $2.9B market cap

Verdict

Share price

$2.55

close of Oct 1, 2026

Fair value

$1.61

Sticker Price

Payback Price

$0.644

buy price

Overpriced

WFRSF is Overpriced: at $2.55 it trades 58% above its fair value of $1.61. Its buy price (Payback Price) is $0.644, 75% below today's price. Business quality is strong: all 5 key numbers clear the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.

Business quality

5 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth26.9% a year✓
Equity per share growth30.6% a year✓
Sales growth23.6% a year✓
Free cash flow growth44.8% a year✓
Return on invested capital17.6%✓

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About West African Resources Ltd

West African Resources Limited engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. The company has 85% interests in the Sanbrado Gold and Kiaka Gold projects located in Burkina Faso. It also holds interests in the Toega Gold Project located in Burkina Faso. The company was incorporated in 2006 and is based in Subiaco, Australia.

Gold

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 1, 2026. How the Payback Price works