West African Resources (ASX:WAF) Insider Sells A$154,550.00 in Stock

West African Resources Limited (ASX:WAF) insider Elizabeth(Libby) Mounsey sold 56,200 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of A$2.75, for a total transaction of A$154,550.00.

West African Resources Stock Performance

The company 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 debt-to-equity ratio of 40.25, a quick ratio of 1.65 and a current ratio of 4.20.

About West African Resources

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.