West African Resources Ltd (AU:WAF) — Market Cap & Net Worth

$2.24 Billion USD · AU$3.16 Billion AUD · Rank #5702

Market Cap & Net Worth: West African Resources Ltd (WAF)

West African Resources Ltd (AU:WAF) has a market capitalization of $2.24 Billion (AU$3.16 Billion) as of July 21, 2026. Listed on the AU stock exchange, this Australia-based company holds position #5702 globally and #137 in its home market, demonstrating a -2.81% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying West African Resources Ltd's stock price AU$2.77 by its total outstanding shares 1142328846 (1.14 Billion). See how much does West African Resources Ltd reinvest in capital to understand how much of operating cash flow is reinvested back into capital assets.

West African Resources Ltd Market Cap History: 2015 to 2026

West African Resources Ltd's market capitalization history from 2015 to 2026. Data shows growth from $56.58 Million to $2.24 Billion (39.02% CAGR).

Index Memberships

West African Resources Ltd is a constituent of 5 market indices:

Index	Total Market Cap	Weight (%)	Rank by Market Cap
Australia All Ordinaries AORD	$2.00 Trillion	0.11%	#117 of 495
S&P/ASX All Australian 200 AXAT	$1.90 Trillion	0.12%	#113 of 200
S&P/ASX 300 AXKO	$2.13 Trillion	0.11%	#122 of 300
S&P/ASX 300 Metals & Mining AXMM	$429.21 Billion	0.52%	#22 of 40
ASX Small Ordinaries AXSO	$288.35 Billion	0.78%	#37 of 200

Weight: West African Resources Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

West African Resources Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how West African Resources Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

3.35x

West African Resources Ltd's market cap is 3.35 times its annual revenue

Industry average: 240.37x Lower than industry average

Latest Price to Earnings (P/E) Ratio

10.83x

West African Resources Ltd's market cap is 10.83 times its annual earnings

What These Ratios Tell Investors:

Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
Industry comparison provides context for whether the company is valued higher or lower than peers.

Year	Market Cap (USD)	Revenue (USD)	Net Income (USD)	P/S Ratio	P/E Ratio
2016	$177.82 Million	$34.99K	-$7.81 Million	5081.28x	N/A
2017	$331.39 Million	$256.66K	-$14.32 Million	1291.16x	N/A
2018	$202.07 Million	$460.62K	-$25.30 Million	438.69x	N/A
2019	$347.56 Million	$810.00K	-$7.07 Million	429.08x	N/A
2020	$844.64 Million	$1.24 Million	-$3.04 Million	681.71x	N/A
2021	$1.07 Billion	$310.31 Million	$89.36 Million	3.44x	11.94x
2022	$949.72 Million	$711.54 Million	$188.96 Million	1.33x	5.03x
2023	$763.82 Million	$606.13 Million	$164.44 Million	1.26x	4.64x
2024	$1.16 Billion	$658.82 Million	$146.87 Million	1.76x	7.90x
2025	$2.42 Billion	$724.37 Million	$223.84 Million	3.35x	10.83x

Competitor Companies of WAF by Market Capitalization

Companies near West African Resources Ltd in the global market cap rankings as of July 21, 2026.

Key companies related to West African Resources Ltd by market ranking:

Newmont Goldcorp Corp (NYSE:NEM): Ranked #256 globally with a market cap of $97.34 Billion USD.
Newmont Corporation (AU:NEM): Ranked #258 globally with a market cap of $97.06 Billion USD ( AU$137.18 Billion AUD).
Zijin Mining Group Co Ltd Class A (SHG:601899): Ranked #290 globally with a market cap of $88.48 Billion USD ( CN¥604.64 Billion CNY).
Agnico Eagle Mines Limited (TO:AEM): Ranked #399 globally with a market cap of $69.33 Billion USD ( CA$95.84 Billion CAD).

Market capitalization comparison (in billions USD)

Rank	Company	Symbol	Market Cap	Price
#256	Newmont Goldcorp Corp	NYSE:NEM	$97.34 Billion	$89.20
#258	Newmont Corporation	AU:NEM	$97.06 Billion	AU$128.50
#290	Zijin Mining Group Co Ltd Class A	SHG:601899	$88.48 Billion	CN¥29.35
#399	Agnico Eagle Mines Limited	TO:AEM	$69.33 Billion	CA$191.66

West African Resources Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, West African Resources Ltd's market cap moved from $56.58 Million to $ 2.24 Billion, with a yearly change of 39.02%.

Year	Market Cap	Change (%)
2026	AU$2.24 Billion	-7.67%
2025	AU$2.42 Billion	+109.06%
2024	AU$1.16 Billion	+51.85%
2023	AU$763.82 Million	-19.57%
2022	AU$949.72 Million	-10.98%
2021	AU$1.07 Billion	+26.32%
2020	AU$844.64 Million	+143.02%
2019	AU$347.56 Million	+72.00%
2018	AU$202.07 Million	-39.02%
2017	AU$331.39 Million	+86.36%
2016	AU$177.82 Million	+214.29%
2015	AU$56.58 Million	--

End of Day Market Cap According to Different Sources

On Jul 21st, 2026 the market cap of West African Resources Ltd was reported to be:

Source	Market Cap
Yahoo Finance	$2.24 Billion USD
MoneyControl	$2.24 Billion USD
MarketWatch	$2.24 Billion USD
marketcap.company	$2.24 Billion USD
Reuters	$2.24 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About West African Resources Ltd

AU:WAF Australia Gold

Market Cap

$2.24 Billion

AU$3.16 Billion AUD

Market Cap Rank

#5702 Global

#137 in Australia

Share Price

AU$2.77

Change (1 day)

+2.59%

52-Week Range

AU$2.26 - AU$3.91

All Time High

AU$3.91