West African Resources Limited (OTCMKTS:WFRSF – Get Free Report) shares fell 2% on Wednesday . The company traded as low as $2.43 and last traded at $2.4450. 3,800 shares changed hands during trading, a decline of 67% from the average session volume of 11,460 shares. The stock had previously closed at $2.4938.
West African Resources Stock Down 2.0%
The stock has a 50 day simple moving average of $2.15 and a 200-day simple moving average of $1.74.
About West African Resources
West African Resources Limited (OTCMKTS:WFRSF) is an Australia-domiciled gold mining company focused on the exploration, development and operation of gold projects in West Africa. The company’s primary asset is the Sanbrado Gold Project in Burkina Faso, which hosts both open-pit and underground ore bodies. West African Resources holds all necessary mining permits for Sanbrado and maintains a portfolio of exploration licenses across the country.
The Sanbrado Gold Project achieved first gold pour in January 2021 following completion of its Phase I processing plant, which has a nameplate capacity of 1.2 million tonnes per annum.
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