West African Resources (OTCMKTS:WFRSF) Shares Up 12.1% – Should You Buy?

West African Resources Limited (OTCMKTS:WFRSFGet Free Report) shares traded up 12.1% on Friday . The company traded as high as $1.02 and last traded at $1.02. 51,000 shares traded hands during trading, an increase of 180% from the average session volume of 18,209 shares. The stock had previously closed at $0.91.

West African Resources Price Performance

The firm has a 50-day moving average of $0.97 and a 200-day moving average of $0.97.

About West African Resources

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West African Resources Limited engages in the mining, mineral processing, acquisition, exploration, and project development of gold projects in West Africa. The company has 90% interests in the Sanbrado Gold Project located in Burkina Faso; and Kiaka gold project located in Burkina Faso. It also holds 100% owned exploration license in the Toega Gold Project located in Burkina Faso.

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