West African Resources Posts Higher Earnings in 2024 as Revenue Rises

MT Newswires Live

2025/03/06

West African Resources (ASX:WAF) reported Thursday 2024 diluted earnings of AU$0.206 per share, up from AU$0.142 per share a year earlier.

Analysts polled by Visible Alpha expected AU$0.204.

Revenue from continuing operations for the 12 months ended Dec. 31, 2024, rose to AU$730 million from AU$661.2 million a year earlier. Analysts surveyed by Visible Alpha expected total revenue of AU$723.7 million.

The mining company produced 206,622 ounces of gold for the period, in line with its guidance, compared with 226,823 ounces produced in 2023.

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