West African Resources (ASX:WAF) 6-Month Price Index: 0.97 (As of Aug. 12, 2026)

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:WAF West African Resources Ltd ASX:WAF
95 GF Score
Price A$3.53
GF Value A$4.52
Valuation Modestly Undervalued
! 4 Warning Signs
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What is West African Resources 6-Month Price Index?

West African Resources ASX:WAF -0.56% 95 6-Month Price Index is 0.97 as of Aug. 12, 2026. GuruFocus rates ASX:WAF with a GF Score™ of 95/100 and a GF Value™ of A$4.52 (Modestly Undervalued). The stock has 4 warning signs investors should review.

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2026-08-12), West African Resources's 6-Month Price Index is 0.97.

West African Resources  (ASX:WAF) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

West African Resources 6-Month Price Index Related Terms

ASX:WAF vs NEM, AU: 6-Month Price Index Comparison

For the Gold subindustry, West African Resources's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ASX:WAF
95GF Score
West African Resources Ltd ASX:WAF
6-Month Price Index is just one metric. See GF Score™, valuation, warning signs, and more.
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West African Resources  (ASX:WAF) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 6-Month Price Index →
What does a 6-Month Price Index of 0.97 mean?
West African Resources (ASX:WAF) has a 6-Month Price Index of 0.97 as of Aug. 12, 2026. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on West African Resources and its competitors.
Is West African Resources' 6-Month Price Index too high?
West African Resources' current 6-Month Price Index is 0.97. Overall, West African Resources has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' 6-Month Price Index compare to NEM and AU?
West African Resources' 6-Month Price Index of 0.97 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-Month Price Index for a Metals & Mining company?
A good 6-Month Price Index depends on the Metals & Mining industry context. However, 6-Month Price Index should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 6-Month Price Index mean?
A high 6-Month Price Index can signal that a stock is expensive relative to its fundamentals. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on West African Resources and its competitors. West African Resources's current 6-Month Price Index is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.52, compared to a current price of A$3.53 — trading 21.9% below its estimated fair value. The current 6-Month Price Index is 0.97. West African Resources' overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-Month Price Index calculated?
6-Month Price Index is calculated from a company's financial statements. For West African Resources (ASX:WAF), the current 6-Month Price Index is 0.97 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is West African Resources (ASX:WAF) Overvalued in 2026?

Based on GuruFocus' analysis, West African Resources stock appears to be undervalued. The current stock price of A$3.53 is trading 21.9% below its estimated GF Value™ of A$4.52. GuruFocus considers West African Resources to be Modestly Undervalued.

Key valuation signals for ASX:WAF:

  • 6-Month Price Index: 0.97
  • GF Value™: A$4.52 vs. price of A$3.53 (21.9% below fair value)
  • GF Score™: 95/100 with 4 warning signs

No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

West African Resources Business Description

Other Exchanges WFRSF:USAW25:Germany
Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
95GF Score

Get the complete analysis for ASX:WAF

6-Month Price Index is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$3.53
Price
A$4.52
GF Value