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An announcement from West Red Lake Gold Mines ( (TSE:WRLG) ) is now available.
West Red Lake Gold Mines Ltd. announced a tragic incident at the Madsen Mine, where an employee was fatally injured. The company has prioritized the health and safety of its employees, working with authorities to investigate the incident and has voluntarily suspended operations. This event underscores the potential operational disruptions and safety challenges in the mining industry, impacting stakeholders and highlighting the importance of safety protocols.
The most recent analyst rating on (TSE:WRLG) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on West Red Lake Gold Mines stock, see the TSE:WRLG Stock Forecast page.
More about West Red Lake Gold Mines
West Red Lake Gold Mines Ltd. is a publicly traded mineral exploration company focused on advancing and developing the Madsen Gold Mine and its associated land package in the Red Lake district of Ontario.
YTD Price Performance: 51.67%
Average Trading Volume: 1,570,714
Technical Sentiment Signal: Buy
Current Market Cap: C$314.8M
Learn more about WRLG stock on TipRanks’ Stock Analysis page.