TipRanks
West Red Lake Gold Mines (TSE:WRLG)
:WRLG
Want to see TSE:WRLG full AI Analyst Report?

West Red Lake Gold Mines (WRLG) Price & Analysis

204 Followers

WRLG Stock Chart & Stats

C$0.96
C$0.02(2.21%)
At close: 4:00 PM EDT
C$0.96
C$0.02(2.21%)

Bulls Say, Bears Say

Bulls Say
2025 Revenue And Profitability InflectionThe sharp 2025 revenue increase and return to slight profitability indicate meaningful operational progress after prior losses. Positive EBIT suggests the business is beginning to convert activity into operating earnings, supporting further project advancement if this improvement can be sustained.
Strong Gross Profit And Positive EBITA substantial gross profit and positive EBIT provide evidence that the company generated meaningful operating value in 2025. This earnings base can support continued development spending and strengthen the company’s ability to progress its gold assets toward potential production.
Operating Cash Flow RecoveryThe swing from deeply negative to positive operating cash flow is an important improvement in the underlying business cycle. It suggests operations required less cash support than in the prior year, which could improve financial resilience if maintained alongside project investment.
Bears Say
Heavy Free Cash Flow BurnDespite positive operating cash flow, large negative free cash flow shows that investment and cash demands remain substantial. Continued burn may require additional debt or equity funding, potentially diluting shareholders or increasing financing costs while projects are advanced.
Debt Exceeds EquityDebt now exceeds equity, marking a significant increase in financial risk compared with the company’s earlier balance-sheet position. Higher leverage can reduce flexibility, increase funding pressure, and make the company more vulnerable if cash generation fails to scale.
Unproven Earnings DurabilityThe recent improvement follows a volatile multi-year record, including no revenue and heavy losses in earlier periods. The much lower EBITDA than EBIT also indicates that reported profitability may not yet represent a durable, consistently cash-generative earnings base.

West Red Lake Gold Mines News

WRLG FAQ

What was West Red Lake Gold Mines’s price range in the past 12 months?
West Red Lake Gold Mines lowest stock price was C$0.56 and its highest was C$1.49 in the past 12 months.
    What is West Red Lake Gold Mines’s market cap?
    West Red Lake Gold Mines’s market cap is C$244.55M.
      When is West Red Lake Gold Mines’s upcoming earnings report date?
      West Red Lake Gold Mines’s upcoming earnings report date is Nov 27, 2026 which is in 30 days.
        How were West Red Lake Gold Mines’s earnings last quarter?
        West Red Lake Gold Mines released its earnings results on Aug 25, 2026. The company reported C$0.03 earnings per share for the quarter, beating the consensus estimate of C$0.02 by C$0.01.
          Is West Red Lake Gold Mines overvalued?
          According to Wall Street analysts West Red Lake Gold Mines’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does West Red Lake Gold Mines pay dividends?
            West Red Lake Gold Mines pays a Notavailable dividend of C$0.048 which represents an annual dividend yield of 12.67%. See more information on West Red Lake Gold Mines dividends here
              What is West Red Lake Gold Mines’s EPS estimate?
              West Red Lake Gold Mines’s EPS estimate is 0.02.
                How many shares outstanding does West Red Lake Gold Mines have?
                West Red Lake Gold Mines has 414,495,100 shares outstanding.
                  What happened to West Red Lake Gold Mines’s price movement after its last earnings report?
                  West Red Lake Gold Mines reported an EPS of C$0.03 in its last earnings report, beating expectations of C$0.02. Following the earnings report the stock price went up 6.667%.
                    Which hedge fund is a major shareholder of West Red Lake Gold Mines?
                    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

                      Company Description

                      West Red Lake Gold Mines

                      Operating within Canada, West Red Lake Gold Mines Ltd. specializes in the acquisition, exploration, and development of gold deposits. Its principal asset is the West Red Lake project, a substantial 3,100-hectare land package located in the Red Lake Archean Greenstone Belt, part of the Red Lake Gold District in Northwestern Ontario. This project incorporates significant properties such as the NT Zone, the Mount Jamie Mine, the Rowan Mine, and the Red Summit Mine. The company, which was previously named DLV Resources Ltd., officially became West Red Lake Gold Mines Ltd. in December 2022 and maintains its corporate headquarters in British Columbia, Canada.

                      West Red Lake Gold Mines (WRLG) Earnings & Revenues

                      WRLG Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Similar Stocks
                      Company
                      Price & Change
                      Follow
                      Banyan Gold
                      ―
                      ―
                      Treasury Metals
                      ―
                      ―
                      GoldMining
                      ―
                      ―
                      Gold X2 Mining
                      ―
                      ―
                      White Gold
                      ―
                      ―
                      Popular Stocks