The West African Resources Ltd (ASX: WAF) share price is on the radar after the company posted record group gold production of 127,950 ounces for the September quarter, helping YTD output to reach 360,857 ounces and supporting full-year guidance.

What did West African Resources report?

• Q3 Group gold production: 127,950 ounces
• Q3 Group gold sales: 135,245 ounces at an average realised price of US$4,240/oz
• Year-to-date gold production: 360,857 ounces
• Year-to-date gold sales: 350,127 ounces at US$4,550/oz
• Mining commenced at the M5 South underground deposit
• On track to achieve 2026 annual production guidance of 430,000–490,000 ounces

What else do investors need to know?

Mining at the M5 North open pit at Sanbrado improved, showing an 8% increase in mined ounces over the previous quarter, although slightly lower ore tonnes were processed. At Kiaka, open pit mining delivered an 11% boost in mined ounces, driven by more ore tonnes despite a slight dip in grade.

The company received government approval to update the Sanbrado life-of-mine plan, allowing for M5 South underground mining to kick off. Although explosives supply at Kiaka remains a bottleneck, improvements were seen with better supplier performance and onboarding of a second supplier.

What did West African Resources management say?

Executive Chairman and CEO Richard Hyde said:

WAF delivered another record quarter in Q3, with Group gold production of 127,950 ounces from our two large low-cost gold production centres of Sanbrado and Kiaka, which maintains our run rate at over 500,000 ounces per annum. YTD production of 360,857 ounces well-positions WAF to achieve our 2026 annual production guidance of 430,000 – 490,000 ounces of gold. I look forward to releasing our full quarterly activities report in the coming weeks.

What’s next for West African Resources?

West African Resources remains confident in achieving its 2026 annual gold production guidance, with strong operational performances at both Sanbrado and Kiaka. Development at M5 South underground is underway, with stoping due to begin in early H2 2027.

The company will continue to address operational challenges, such as explosives access at Kiaka, and expects greater flexibility in its mine plan to support steady production going forward.

West African Resources share price snapshot

Over the past 12 months, West African resources shares have risen 28%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post West African Resources delivers record Q3 gold output, on track for 2026 targets appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

NextDC Ltd (ASX: NXT), Generation Development Group Ltd (ASX: GDG), and Fortescue Ltd (ASX: FMG) shares closed at fresh 52-week lows on Wednesday afternoon.

Here’s what has happened to the ASX shares, and what brokers expect next.

NextDC shares

NextDC shares dropped around 2% on Wednesday and closed the day at just $10.23 a piece. That’s the lowest close price the data centre operator’s shares have traded at since March 2023.

At one point in the late afternoon, the ASX shares even fell as low as $10.17 each. They’ve now crashed around 20% over the past month, and are down 17% for the year to date.

There hasn’t been any price-sensitive news out of the business to explain the latest sell-off. It’s likely that investors are still digesting the company’s disappointing FY26 results announcement in late August.

A higher interest rate environment and climbing inflation are also likely spooking investors and causing many to rotate towards more defensive assets. 

The good news is that NextDC’s offerings – being physical data centres, including cooling, power, and security – are expected to benefit from stronger demand as data usage increases.

NextDC may have tumbled to a new multi-year low, but if analyst forecasts are anything to go by, it could be an opportune time for investors to buy in the dip.

Market Index data shows all brokers have a strong buy rating on the shares. The average $20.79 target price implies an upside of around 103% at the time of writing.

Generation Development Group shares

Generation Development Group shares closed around 1% lower on Wednesday afternoon, at a two-year low of $2.65 a piece. The diversified financial services company’s shares have now fallen roughly 21% over the past month, and are down a huge 55% so far in 2026.

Like NextDC, there hasn’t been any price-sensitive news out of the company to explain the latest decline. Generation Development Group’s latest market update was its FY26 financial results in late August. 

The company posted a record 37% year-on-year increase in funds under management, and a 21% rise in underlying NPAT. Group revenue also climbed 23%. 

The sell-off is most likely the result of a broad-based rotation away from financial shares over the past month, amid a higher interest rate environment and sky-high bond yields.

But Generation Development Group thinks it is well-placed to benefit from strong structural tailwinds across superannuation, retirement, and managed account markets in FY27. 

Again, the experts are optimistic that the ASX shares can rebound from the latest slump. Market Index data shows that all brokers have a strong buy rating on the shares. The $5.62 average target price implies an upside of around 112% at the time of writing.

Fortescue shares

Fortescue shares also tumbled around 2.5% on Wednesday, closing at $16.01 a piece. That’s the lowest trading price the ASX iron ore stock has seen since June 2025. The shares have also fallen 10% over the past month and are down 28% year to date.

The shares have mostly been hit by headwinds from falling iron ore prices. The company generates substantial cash flow from its large iron ore operations, so rising iron ore prices are a tailwind and falling prices are a headwind for the miner. 

At the time of writing, iron ore is trading at around US$91 per tonne, according to Trading Economics data. That’s the lowest price the metal has experienced since November 2022.

It looks like the experts are concerned that there is room for the shares to stage a turnaround over the next 12 months. Unless there is a sharp turnaround in the price of iron ore, Fortescue shares may continue to be under pressure.

Market Index data shows that the majority of brokers have a hold rating on the shares. But after the latest slump, the $17.88 average target price still implies a potential 12% upside ahead.

The post NextDC, Generation Development, Fortescue shares hit 52-week low. Can they rebound? appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Generation Development Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Some of the best long-term investments are businesses that can keep growing without having to reinvent themselves every few years.

They usually have strong competitive positions, plenty of room to grow, and the ability to reinvest profits at attractive returns.

With that in mind, here are three ASX shares that I think have many of the ingredients needed to compound shareholder wealth over time.

Life360 Inc (ASX: 360)

The first share is Life360. Its family safety app has become a big part of everyday life for millions of families, offering location sharing, driving reports, crash detection, emergency features, and a growing range of other services.

What I like about Life360 is how much more it could potentially get from the audience it has already built.

Most users access the platform for free, which gives the company a huge pool of people that could eventually move onto paid memberships. At the same time, Life360 can keep adding reasons for families to spend more through new services and higher-value subscriptions.

There is also a significant international opportunity. The US is its most developed market today, but there is no obvious reason why its overseas business couldn’t eventually become much larger.

If Life360 can keep growing its audience while getting better at monetising it, I think the company could be considerably bigger in a decade.

Pro Medicus Ltd (ASX: PME)

Another ASX share I think has excellent long-term prospects is Pro Medicus.

Its Visage imaging platform is used by major hospitals and healthcare groups, particularly in the United States, to manage and interpret huge volumes of medical images.

And those volumes aren’t standing still. Healthcare systems are performing more scans, while radiologists are being asked to deal with increasingly heavy workloads. Software that allows them to work faster and more efficiently is therefore becoming increasingly valuable.

This has helped Pro Medicus win a string of major contracts in the US, and I think there is plenty more market share available to take.

I also like the economics of the business. Once another customer comes onto Visage, Pro Medicus doesn’t need to build factories or hire thousands of employees to support the extra revenue.

That scalability means continued market share gains could translate into very strong profit growth over the long term.

WiseTech Global Ltd (ASX: WTC)

A final ASX share with the potential to compound for many years is WiseTech Global.

Its CargoWise platform helps freight forwarders and logistics companies manage everything from customs and warehousing to shipping, documentation, and compliance.

Global logistics is complicated, which works in WiseTech’s favour. Large customers can build CargoWise deep into their operations, and once that happens, replacing it isn’t necessarily a simple exercise. This gives WiseTech an opportunity to grow alongside its customers and gradually provide them with more functionality through the same platform.

The company has also spent heavily on expanding what CargoWise can do, both through internal development and acquisitions.

Governance concerns are worth highlighting, because poor governance can ultimately undermine even a very good business.

But if WiseTech can put those issues behind it and CargoWise continues becoming an increasingly important part of global logistics, I think the company could have a lot more growth ahead of it.

The post These 3 ASX shares have the ingredients of long-term compounders appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Life360, Pro Medicus, and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360 and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has positions in and has recommended Life360 and WiseTech Global. The Motley Fool Australia has recommended Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.