West African Resources Limited (OTCMKTS:WFRSF) Short Interest Down 13.1% in June

West African Resources Limited (OTCMKTS:WFRSF) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 1,365,200 shares, a decrease of 13.1% from the May 31st total of 1,571,700 shares. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is presently 82.2 days.

West African Resources Stock Performance

OTCMKTS:WFRSF opened at $0.65 on Friday. West African Resources has a twelve month low of $0.40 and a twelve month high of $1.09. The company has a 50-day moving average of $0.93 and a 200-day moving average of $0.71.

West African Resources Company Profile

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.