West African Resources Limited (OTCMKTS:WFRSF – Get Free Report) traded down 23.8% during mid-day trading on Thursday . The stock traded as low as $1.95 and last traded at $1.95. Approximately 6,400 shares were traded during trading, a decline of 7% from the average daily volume of 6,865 shares. The stock had previously closed at $2.5594.
West African Resources Stock Down 23.8%
The company’s fifty day simple moving average is $2.08 and its 200 day simple moving average is $2.15.
West African Resources Company Profile
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.
See Also
- Five stocks we like better than West African Resources
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for West African Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West African Resources and related companies with MarketBeat.com's FREE daily email newsletter.
