West Red Lake Gold Mines Ltd (TSE:WRLG)
OTHER OTC:WRLG
WRLG Stock Chart & Stats
C$1.06
-C$0.02(-2.68%)
At close: 4:00 PM EST
C$1.06
-C$0.02(-2.68%)
Day’s Range― - ―
52-Week RangeC$0.65 - C$1.49
Previous CloseN/A
Volume888.57K
Average Volume (3M)2.42M
Market Cap
C$412.59M
Enterprise ValueC$497.79M
Total Cash (Recent Filing)C$23.70M
Total Debt (Recent Filing)C$93.33M
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Apr 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.03
Shares Outstanding412,591,400
10 Day Avg. Volume1,951,356
30 Day Avg. Volume2,415,925
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)5.27
Price to Sales (P/S)0.00
P/FCF Ratio-1.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.49
Revenue Forecast (FY)C$330.87M
Bulls Say, Bears Say
Bulls Say
Strategic Focus In Red Lake DistrictConcentrating exploration and development in the Red Lake mining district gives durable strategic focus and regional expertise. Over months this specialization can improve discovery odds, streamline permitting familiarity and attract partner interest, supporting steady project progression toward development.
Systematic Project Advancement ProcessThe company follows a full-cycle exploration-to-development approach, including technical studies and permitting. This structured pathway reduces execution uncertainty over time by sequencing milestones (delineation, studies, permits), increasing the probability that assets convert into development-ready projects.
Larger Asset BaseAn expanded asset base provides durable support for continuing exploration and collateral for financing. Higher asset holdings can underpin capital-raising and joint-venture options, improving the company’s ability to advance projects without immediate revenue generation over the coming months.
Bears Say
No Revenue / Pre-productionAbsence of operating revenue means the business relies entirely on financing to fund exploration and operations. Over the next several months this structural lack of cash generation raises persistent funding risk, potential dilution, and dependency on capital markets or partners for project continuity.
Large And Growing Cash BurnRapidly escalating operating and free cash outflows create a durable financing burden. Sustained high burn increases the frequency and magnitude of required capital raises, elevating dilution risk and potentially delaying or scaling back exploration and permitting timelines over a multi-month horizon.
Material Increase In LeverageSharp rise in debt and weakened equity position materially reduces financial flexibility. Higher leverage increases refinancing and covenant risk, limits ability to fund opportunistic exploration, and raises the probability that future capital needs will be more costly or dilutive over the medium term.
West Red Lake Gold Mines News
WRLG FAQ
What was West Red Lake Gold Mines Ltd’s price range in the past 12 months?
West Red Lake Gold Mines Ltd lowest stock price was C$0.65 and its highest was C$1.49 in the past 12 months.
What is West Red Lake Gold Mines Ltd’s market cap?
West Red Lake Gold Mines Ltd’s market cap is C$412.59M.
When is West Red Lake Gold Mines Ltd’s upcoming earnings report date?
West Red Lake Gold Mines Ltd’s upcoming earnings report date is Apr 29, 2026 which is in 14 days.
How were West Red Lake Gold Mines Ltd’s earnings last quarter?
West Red Lake Gold Mines Ltd released its earnings results on Mar 26, 2026. The company reported C$0.03 earnings per share for the quarter, the consensus estimate of C$0.03 by C$0.
Is West Red Lake Gold Mines Ltd overvalued?
According to Wall Street analysts West Red Lake Gold Mines Ltd’s price is currently Overvalued.
Does West Red Lake Gold Mines Ltd pay dividends?
West Red Lake Gold Mines Ltd pays a Notavailable dividend of C$0.048 which represents an annual dividend yield of N/A. See more information on West Red Lake Gold Mines Ltd dividends here
What is West Red Lake Gold Mines Ltd’s EPS estimate?
West Red Lake Gold Mines Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does West Red Lake Gold Mines Ltd have?
West Red Lake Gold Mines Ltd has 412,591,400 shares outstanding.
What happened to West Red Lake Gold Mines Ltd’s price movement after its last earnings report?
West Red Lake Gold Mines Ltd reported an EPS of C$0.03 in its last earnings report, expectations of C$0.03. Following the earnings report the stock price went down -4.717%.
Which hedge fund is a major shareholder of West Red Lake Gold Mines Ltd?
Currently, no hedge funds are holding shares in TSE:WRLG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
West Red Lake Gold Mines Stock Smart Score
Company Description
West Red Lake Gold Mines Ltd
West Red Lake Gold Mines Ltd., acquires, explores for, and develops gold deposits in Canada. It holds interests in the West Red Lake project that comprising the NT Zone, the Mount Jamie Mine, the Rowan Mine, and Red Summit Mine properties covering an area of 3,100 hectares situated in the Red Lake Archean Greenstone Belt, Red Lake Gold District of Northwestern Ontario. The company was formerly known as DLV Resources Ltd. and changed its name to West Red Lake Gold Mines Ltd. in December 2022. West Red Lake Gold Mines Ltd. is based in British Columbia, Canada.
Technical Analysis
Options Prices
Currently, No data available
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