Insider Selling: West African Resources Limited (ASX:WAF) Insider Sells 20,000 Shares of Stock

West African Resources Limited (ASX:WAF) insider Nigel Spicer sold 20,000 shares of the stock in a transaction dated Tuesday, April 30th. The shares were sold at an average price of A$1.35 ($0.89), for a total transaction of A$27,000.00 ($17,880.79).

West African Resources Stock Performance

The company has a debt-to-equity ratio of 16.47, a current ratio of 3.69 and a quick ratio of 1.65.

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.