West African Resources Limited (ASX:WAF) Insider Richard Hyde Sells 2,000,000 Shares

West African Resources Limited (ASX:WAF) insider Richard Hyde sold 2,000,000 shares of West African Resources stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of A$1.32 ($0.87), for a total value of A$2,630,000.00 ($1,730,263.16).

West African Resources Price Performance

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

About West African Resources

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.