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West Red Lake Gold Mines Ltd.TSXV:WRLG Stock Report

Market Cap CA$284.9m
Share Price
CA$0.69
n/a
0
1Y-13.8%
7D-5.5%
Portfolio Value
View

West Red Lake Gold Mines Ltd.

TSXV:WRLG Stock Report

Market Cap: CA$284.9m

WRLG Community Fair Values

Create Narrative

See what 60 others think this stock is worth. Follow their fair value or set your own to get alerts.

West Red Lake Gold Mines Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for West Red Lake Gold Mines
Historical stock prices
Current Share PriceCA$0.69
52 Week HighCA$1.49
52 Week LowCA$0.67
Beta1.34
1 Month Change-39.47%
3 Month Change-42.50%
1 Year Change-13.75%
3 Year Change7.81%
5 Year Changen/a
Change since IPO38.00%

Recent News & Updates

Recent updates

Narrative Update Jan 19

I'm exiting my positions

🪙 West Red Lake Gold Mines Ltd. (TSXV: WRLG | OTCQX: WRLGF) West Red Lake Gold Mines Ltd.
Narrative Update Sep 23

If gold reaches $4,000 per oz

🪙 West Red Lake Gold Mines – Updated Snapshot (Late-2025) Latest verified info Basic Shares Outstanding: ~349.1-351.1 million shares. ( Investing.com ) Fully Diluted Shares: ~517.0 million shares (options, warrants, RSUs/DSUs) per company presentation.
Narrative Update Sep 18

If gold reaches $4,000 per oz

West Red Lake Gold Mines (WRLG / WRLGF) – 2025 Snapshot & Gold Scenarios ⚠️ Risks Madsen Restart Execution – Ramp-up could face delays, lower-than-expected recoveries, or milling/underground bottlenecks. Rowan Development Uncertainty – PEA-level assumptions carry risk; permitting, toll-mill agreements, and capex may shift economics.
User avatar
New Narrative Jun 16

A case for CAD$ 11.28 (USD $8.30) by 2029

Madsen Mine:Resource: 2.2 million ounces (oz) at an average head grade of 6 grams per tonne (gpt).Mill Capacity: 1,100 tonnes per day (tpd).Annual Production: At 6 gpt, the mine produces 75,000 oz of

Shareholder Returns

WRLGCA Metals and MiningCA Market
7D-5.5%-4.4%-0.4%
1Y-13.8%97.9%31.6%

Return vs Industry: WRLG underperformed the Canadian Metals and Mining industry which returned 97.9% over the past year.

Return vs Market: WRLG underperformed the Canadian Market which returned 31.6% over the past year.

Price Volatility

Is WRLG's price volatile compared to industry and market?
WRLG volatility
WRLG Average Weekly Movement8.5%
Metals and Mining Industry Average Movement11.8%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.9%

Stable Share Price: WRLG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: WRLG's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aShane Williamswww.westredlakegold.com

West Red Lake Gold Mines Ltd. acquires, explores, evaluates, and develops gold properties in Canada. It holds interests in the Rowan property with 146 claims covering 3,100 hectares located in the Red Lake gold district of Northwestern Ontario, Canada.

West Red Lake Gold Mines Ltd. Fundamentals Summary

How do West Red Lake Gold Mines's earnings and revenue compare to its market cap?
WRLG fundamental statistics
Market capCA$284.94m
Earnings (TTM)CA$501.00k
Revenue (TTM)CA$103.44m
568.7x
P/E Ratio
2.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WRLG income statement (TTM)
RevenueCA$103.44m
Cost of RevenueCA$56.02m
Gross ProfitCA$47.42m
Other ExpensesCA$46.92m
EarningsCA$501.00k

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.0012
Gross Margin45.84%
Net Profit Margin0.48%
Debt/Equity Ratio109.2%

How did WRLG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/17 10:00
End of Day Share Price 2026/05/15 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

West Red Lake Gold Mines Ltd. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCantor Fitzgerald Canada Corporation
Craig StanleyRaymond James Ltd.
Taylor CombaluzierRed Cloud Securities