West African Resources’ Gold Output Came In Ahead Of Forecasts - Finimize

AI desk brief

West African Resources reported Q3 gold production of 127,950oz, above Euroz Hartleys’ 121,000oz estimate, and remains on track for the upper end of 2026 guidance. The beat was driven by stronger output at Kiaka, partly offsetting a 10% QoQ dip at Sanbrado tied to lower processing volumes rather than ore or plant issues.

The broker said the stronger production profile should accelerate cash build, support earlier debt repayment and keep the door open to dividends or buybacks. Euroz Hartleys lifted its price target to AU$6.50 from AU$5.75.