West African Resources Stock Fundamentals

WFRSF Stock  USD 1.30  0.02  1.52%   
West African Resources fundamentals help investors to digest information that contributes to West African's financial success or failures. It also enables traders to predict the movement of West Pink Sheet. The fundamental analysis module provides a way to measure West African's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to West African pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

West African Resources Company Shares Outstanding Analysis

West African's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current West African Shares Outstanding

    
  1.02 B  
Most of West African's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, West African Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, West African Resources has 1.02 B of shares currently outstending. This is 66.61% higher than that of the Basic Materials sector and 184.13% higher than that of the Gold industry. The shares outstanding for all United States stocks is 78.98% lower than that of the firm.

West African Resources Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining West African's current stock value. Our valuation model uses many indicators to compare West African value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across West African competition to find correlations between indicators driving West African's intrinsic value. More Info.
West African Resources is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.67  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for West African Resources is roughly  1.49 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the West African's earnings, one of the primary drivers of an investment's value.

West Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses West African's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of West African could also be used in its relative valuation, which is a method of valuing West African by comparing valuation metrics of similar companies.
West African is currently under evaluation in shares outstanding category among its peers.

West Fundamentals

About West African Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze West African Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of West African using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of West African Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
West African Resources Limited engages in the acquisition, exploration, and development of gold projects in West Africa. West African Resources Limited was incorporated in 2006 and is based in Subiaco, Australia. West African operates under Gold classification in the United States and is traded on OTC Exchange.

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Other Information on Investing in West Pink Sheet

West African financial ratios help investors to determine whether West Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in West with respect to the benefits of owning West African security.