West African Resources (ASX:WAF) Insider Sells A$3,442,800.00 in Stock

West African Resources Limited (ASX:WAF) insider Lyndon Hopkins sold 1,200,000 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of A$2.87, for a total value of A$3,442,800.00.

West African Resources Stock Performance

The firm has a market capitalization of $2.03 billion, a P/E ratio of 9.57 and a beta of 1.10. The company has a quick ratio of 1.65, a current ratio of 4.20 and a debt-to-equity ratio of 40.25.

West African Resources Company Profile

West African Resources Limited engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. The company has 90% interests in the Sanbrado Gold Project located in Burkina Faso; and Kiaka gold project located in Burkina Faso. It also holds 100% owned exploration license in the Toega Gold Project located in Burkina Faso.