WAF
WESTAFRICA FPO [WAF]
Basic Materials · ASX Small Cap
$2.8700 +3.6%
Updated 22 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- MACD momentum is picking up steam
- Bollinger Bands are tightening — volatility is coiling up for a potential breakout
- Watch out — volume is flowing out even as price holds up. Distribution pattern
- Volatility is contracting — like a spring being compressed, breakouts often follow
- Cash positive / operating cashflow positive
- Low P/S ratio (2.1x)
- Strong revenue growth (+176%)
- Piotroski F-Score strong (9/9, low-confidence approx)
- EPS estimates revised upward (+10pts)
- Post-earnings drift: positive surprise (SUE +10)
- New substantial holder(s) (1)
- CANSLIM C: Strong EPS growth (103% QoQ)
- CANSLIM A: Strong annual earnings CAGR (42%)
- CANSLIM I: Institutional ownership (63%)
- Strong return on equity (37%)
- Healthy profit margins (31%)
- Sentiment is mixed — no strong consensus either way
- Earnings are trending the right way — 2 consecutive improvements
- Revenue growing at +176% — the top line is moving in the right direction
- Beneish M-Score -1.97 (grey zone -2.22 to -1.78): possible earnings manipulation
- RBA hiking (-3pts)
Risk Signals
- Below the 200-day average — the long-term trend is still working against it
- Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts
NONE WAF hits 27m at 6.7 g/t gold 200m below M5 South UG reserve
NONE Change in substantial holding
NONE Production Update - June 2026 Quarter
HIGH Becoming a substantial holder
Recent ASX Announcements
| 2026-07-13 | WAF hits 27m at 6.7 g/t gold 200m below M5 South UG reserve PRICE SENSITIVE |
| 2026-07-08 | Change in substantial holding |
| 2026-07-06 | Production Update - June 2026 Quarter PRICE SENSITIVE |
| 2026-07-06 | Application for quotation of securities - WAF |
| 2026-07-05 | Becoming a substantial holder |
Key Metrics
$3.2B
Market Cap
4.3M
Avg Volume
1.1x
Vol Ratio
$2.18 — $3.97
52-Week Range
0.9%
Short Interest
N/A
Cash Runway
36.9%
ROE
30.7%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | pass | EPS Growth: 103% |
| A | Annual Earnings | pass | CAGR: 42% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 81% |
| L | Leader vs Laggard | laggard | RS: -2 |
| I | Institutional Sponsorship | pass | Inst: 63% |
| M | Market Direction | neutral | Neutral |
Sector: Basic Materials
506 tickers in this sector
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