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West Red Lake Gold Mines (WRLGF)
OTHER OTC:WRLGF

West Red Lake Gold Mines (WRLGF) Price & Analysis

132 Followers

WRLGF Stock Chart & Stats

$0.48
$0.01(2.20%)
At close: 4:00 PM EDT
$0.48
$0.01(2.20%)

Bulls Say, Bears Say

Bulls Say
Strong Revenue InflectionA 75.6% YoY revenue increase to 103.4M represents a material operational inflection and indicates the business has begun scaling commercial activity. Sustained top-line growth can underpin ongoing project funding, support operating leverage and justify further capital deployment into development.
Operating Profitability RestoredPositive gross profit and a 23.4M EBIT show the company achieved meaningful margin recovery, suggesting unit economics can support profitable operations. Durable margins provide runway for reinvestment in exploration and permitting, and reduce reliance on external funding if maintained.
Strategic Red Lake Asset BaseConcentration in the Red Lake district gives the company structural competitive advantages: high-quality jurisdiction, scale via consolidation, and optionality to advance multiple targets. This asset-centric model supports long-term value creation through development or strategic monetization.
Bears Say
Elevated LeverageDebt exceeding equity materially raises financial risk: higher interest and covenant exposure constrain strategic flexibility and amplify refinancing risk during development cycles. With significant leverage, the company may face tougher funding terms or dilution if cash generation does not scale.
Persistent Negative Free Cash FlowA large -70.6M free cash flow despite positive operating cash flow indicates heavy capex or working capital demands tied to development. Continued FCF deficits force dependence on debt or equity raises, increasing dilution or leverage and threatening the company's ability to self-fund project advancement.
Volatile Multi-year PerformanceAn inconsistent historical earnings record and past large losses imply earnings durability is unproven; the 2025 turnaround may be cyclical. This volatility complicates long-term planning, increases the probability of future cash stress, and makes it harder to underwrite sustained debt repayment and capex.

West Red Lake Gold Mines News

WRLGF 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 $0.43 and its highest was $1.10 in the past 12 months.
    What is West Red Lake Gold Mines’s market cap?
    West Red Lake Gold Mines’s market cap is $197.65M.
      When is West Red Lake Gold Mines’s upcoming earnings report date?
      West Red Lake Gold Mines’s upcoming earnings report date is Aug 25, 2026 which is in 18 days.
        How were West Red Lake Gold Mines’s earnings last quarter?
        Currently, no data Available
        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 $0.048 which represents an annual dividend yield of N/A. 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 0.01.
              How many shares outstanding does West Red Lake Gold Mines have?
              West Red Lake Gold Mines has 413,947,970 shares outstanding.
                What happened to West Red Lake Gold Mines’s price movement after its last earnings report?
                Currently, no data Available
                Which hedge fund is a major shareholder of West Red Lake Gold Mines?
                Currently, no hedge funds are holding shares in WRLGF
                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 (WRLGF) Earnings & Revenues

                  WRLGF Earnings Call

                  Q1 2026
                  0:00 / 0:00
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                  Ownership Overview

                  0.99%2.39%0.05%94.27%
                  0.05% Other Institutional Investors
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