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West African is developing the Sanbrado gold project in Burkina Faso.

West African, VDM, Genesis to raise $60m

Three local exploration companies have tapped investors for up to $60 million, led by a $48.2 million capital raising from West African Resources for its Sanbrado gold project in Burkina Faso.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
378thGraphex Mining-14%
388thWest African Resources-15%21%
625thVictory Mines-50%-71%
689thPeninsula Mines-60%-18%
787thMagmatic Resources-76%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

14/02/19
$0 Issued
14/02/19
$0 Issued
14/02/19
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

171st↑West African Resources$0
194th↑Peninsula Mines$231k
195th↑Graphex Mining$223k
197th↑Victory Mines$219k
198th↑Magmatic Resources$216k
484 listed resources companies ranked by revenue.
Source: Morningstar

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