West Red Lake Gold Mines Ltd.

WRLG · V · Basic Materials / Gold

0.51CAD-0.01 (-1.92%)

Price History

Full chart

Market Stats

Previous Close0.52

Open0.51

Day Range0.50 – 0.52

52-Week Range0.59 – 1.49

Volume436.43K

Market Cap298.44M

P/E (TTM)18.00

Forward P/E10.12

EPS0.04

Dividend Yield0.00%

Beta1.57

50-Day Avg0.8038

200-Day Avg0.9153

About

West Red Lake Gold Mines Ltd., a mineral exploration company, acquires, explores, evaluates, and develops gold properties in Canada. Its flagship property is the Madsen gold mine project, which comprises 241 mining leases, mining patents, and unpatented mining claims covering an aggregate area of 4,648 hectares located in the Red Lake Gold District of Northwestern Ontario. West Red Lake Gold Mines Ltd. is headquartered in Vancouver, Canada.

Company Details

SectorBasic Materials
IndustryGold
CEOMr. Shane James Williams B.E., M.Sc.
Employees0
Headquarters595 Burrard Street, Vancouver, BC, Canada, V7X 1J1, Canada
Websitehttps://westredlakegold.com

Leadership

Mr. Thomas Wright MeredithExecutive Non-Independent Chairman · b. 1957
Mr. Shane James Williams B.E., M.Sc.President, CEO & Director · b. 1976
Ms. Harpreet Kaur Dhaliwal C.A., CPACFO & Interim Corporate Secretary · b. 1982
Ms. Hayley Halsall-Whitney M.B.A., P.Eng.Vice President of Operations
Mr. Jason Billan M.B.A.Vice President Corporate Development
Mr. William Robinson P.Geo.Vice President Exploration
Ms. Jaclyn RuptashVice President of Communications & IR

Financials

Income Statement

Currency: CAD	2021-11-30	2022-11-30	2023-11-30	2025-11-30
Total Revenue	0	0	0	103.44M
Cost of Revenue	-	0	250.40K	58.19M
Gross Profit	-	0	-250.40K	45.25M
Gross Margin	-	-	-	43.75%
Operating Expense	-	227.85K	32.41M	21.85M
Operating Income	-203.88K	-227.85K	-32.66M	23.40M
Operating Margin	-	-	-	22.62%
EBITDA	-203.88K	-192.31K	-32.25M	7.00M
EBITDA Margin	-	-	-	6.77%
Net Income	-177.28K	-192.31K	-32.51M	501.00K
Net Income Margin	-	-	-	0.48%
Interest Expense	-	0	6.13K	4.13M
Interest Expense % of Total Revenue	-	-	-	3.99%

Balance Sheet

Currency: CAD	2021-11-30	2022-11-30	2023-11-30	2025-11-30
Total Assets	2.02M	1.86M	98.01M	273.80M
Total Liabilities	39.50K	71.43K	31.98M	176.71M
Total Equity	1.98M	1.79M	66.03M	97.08M
Cash	2.02M	1.64M	16.31M	42.44M
Net Debt	-	-	-	57.28M

Cash Flow

Currency: CAD	2021-11-30	2022-11-30	2023-11-30	2024-11-30	2025-11-30
Operating Cash Flow	-196.19K	-203.09K	-26.15M	-	2.85M
Financing Cash Flow	-	0	45.21M	-	76.16M
Capital Expenditure	0	0	200.85K	0	73.45M
Free Cash Flow	-196.19K	-203.09K	-26.35M	-	-70.60M
Dividends Paid	-	-	0	-	0
FCF to OCF	100.00%	100.00%	100.77%	-	-2478.86%
Dividend Paid to FCF	-	-	0.00%	-	0.00%

Earnings

Report Date	Jul 26, 2024	Oct 24, 2024	Nov 30, 2024	May 21, 2025	Aug 28, 2025	Nov 25, 2025	Nov 30, 2025	May 26, 2026	Aug 25, 2026	Nov 24, 2026
EPS Estimate	-0.05	-0.05	-0.05	-0.05	-0.01	0.02	0.02	0.01	0.02	0.04
EPS Actual	-0.10	-0.10	-	-0.03	0.01	-0.01	-0.01	-0.01	0.03	0.03
Surprise	-100.00%	-100.00%	-	40.00%	200.00%	-150.00%	-150.00%	-200.00%	50.00%	-25.00%
Timing	After-hours	After-hours	-	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap298.44M

Enterprise Value425.18M

Trailing P/E18.00

Forward P/E10.12

Price / Sales1.78

Price / Book2.75

EPS0.04

Book Value0.258

Revenue (TTM)168.07M

Gross Profit (TTM)82.65M

EBITDA55.07M

Profit Margin10.14%

Operating Margin30.43%

Return on Equity0.79%

Return on Assets7.12%

Shares Outstanding414.50M

Shares Float406.81M

Beta1.57

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Dividends

20141×

0.05Oct 16, 2014

20121×

0.13Dec 14, 2012

Stock Splits

Jul 15, 20221:5