TSX-V

West Red Lake Gold Mines Ltd.

WRLG.V•Basic Materials•Gold
Current Price
$0.67
Today's Change
-1.47%
Market Cap
$281.86M
Volume
120.81K
🥇

Commodity Exposure

Gold

Current Price
$4,018.20/oz
-1.04% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 23, 2026, 03:00 PM

💡 Quick Take

West Red Lake Gold Mines Ltd. focuses on acquiring and developing gold deposits in Canada. The company has a decent gross margin of 36.5%, indicating potential profitability, but faces concerns with a negative net margin of -11.3% and low return metrics (ROE of -4.4% and ROA of -1.7%). Its current ratio of 1.05 suggests adequate liquidity, though a quick ratio below 1 indicates potential short-term liquidity issues. Overall, while there are strengths in margins, the negative profitability and leverage concerns warrant caution for investors.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$1.49
52 Week Low$0.59
Avg Volume921.45K
Beta1.57
Shares Outstanding414.50M

🔥 Valuation

Market Cap$281.86M
Enterprise Value$379.59M
P/E Ratio9.68
EV/EBITDA ⚠️-7.20x
Dividend Yield0.00%

Loading financial metrics...

🚩 Red Flags

🟠

High Debt Load

Debt of $128.5M is 3.6x the company's cash position of $35.9M.

🌟 Opportunities

🚀

Exceptional revenue growth of 6696.1% YoY demonstrates strong market demand and competitive positioning.

🚀

Gross margin expanded by 69.2 percentage points, indicating improved pricing power or cost efficiency.

🚀

Operating margin expanded by 3099.0pp, demonstrating strong operational leverage.

🚀

Both gross margin (+69.2pp) and operating margin (+3099.0pp) are expanding simultaneously, indicating the company is scaling profitably.

🚀

Operating margin of 26.1% demonstrates excellent operational efficiency.

Want the Complete Picture?

Valuation, risk assessment, competitive positioning, and key insights — all in one report.

Free account:3 reports remaining

Recent Developments

Loading news...

Similar companies

Other Gold companies of a similar size