Short Interest in West African Resources Limited (OTCMKTS:WFRSF) Decreases By 15.7%

West African Resources Limited (OTCMKTS:WFRSF) saw a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 878,400 shares, a drop of 15.7% from the October 31st total of 1,042,400 shares. Based on an average daily trading volume, of 11,500 shares, the days-to-cover ratio is currently 76.4 days.

West African Resources Stock Down 7.8 %

OTCMKTS WFRSF opened at $0.91 on Friday. West African Resources has a one year low of $0.40 and a one year high of $1.35. The company has a 50-day simple moving average of $1.05 and a 200-day simple moving average of $0.97.

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.