West African Resources (OTCMKTS:WFRSF) Shares Down 28.1% – Here’s What Happened

West African Resources Limited (OTCMKTS:WFRSFGet Free Report)’s stock price traded down 28.1% on Monday . The stock traded as low as $0.89 and last traded at $0.92. 28,800 shares were traded during trading, an increase of 33% from the average session volume of 21,671 shares. The stock had previously closed at $1.28.

West African Resources Price Performance

The firm’s fifty day moving average price is $0.98 and its 200-day moving average price is $0.93.

West African Resources Company Profile

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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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