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West African Resources Limited's (ASX:WAF) price-to-earnings (or "P/E") ratio of 6.5x might make it look like a strong buy right now compared to the market in Australia, where around half of the companies have P/E ratios above 17x and even P/E's above 32x are quite common. However, the P/E might be quite low for a reason and it requires further investigation to determine if it's justified.
Recent times have been advantageous for West African Resources as its earnings have been rising faster tha...
>>> Read more: West African Resources Limited's (ASX:WAF) Price Is Right But Growth Is Lacking
Recent times have been advantageous for West African Resources as its earnings have been rising faster tha...
>>> Read more: West African Resources Limited's (ASX:WAF) Price Is Right But Growth Is Lacking
