Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
WRLG.V
STRONG SELLREMOVEWest Red Lake Gold Mines Ltd. · Basic Materials · Canada · $197M · Avg Vol: $723K/d
West Red Lake Gold Mines is a junior gold developer focused on restarting the Madsen mine in Ontario. While gold acts as a geopolitical hedge, this is a highly cyclical, capital-intensive developer with significant operational execution risk and no current cash flows, failing the Terry Smith quality test.
COMPANY DESCRIPTION
West Red Lake Gold Mines Ltd. is a gold exploration and development company focused on the historic Red Lake Gold District of Ontario, Canada. The company is actively advancing the past-producing Madsen Gold Mine, which features extensive underground infrastructure and a fully permitted processing mill. West Red Lake's competitive moat is its consolidated, high-grade resource base in a world-class mining camp with a clear, low-capital path to restarting production.
FINANCIAL SUMMARY
| Year | 2021 | 2022 | 2023 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 75M | — |
| EPS | -0.01 | -0.01 | -0.22 | 0.00 | — |
| Shares | 15M | 15M | 215M | 397M | +2568.2% |
| Debt | 28,607 | 0 | 6M | 90M | 1362.9% |
| Equity | 1M | 1M | 48M | 70M | 266.0% |
| Op CF | -142,097 | -147,089 | -19M | 2M | — |
| Inv CF | 10,864 | -125,310 | -3M | -53M | — |
| Fin CF | — | 0 | 33M | 55M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of WRLG.V are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| WRLG.V | West Red Lake Gold Mines Ltd.(you) | $197M | 16 | STRONG SELL |
| RVG.V | Revival Gold Inc. | $187M | 16 | STRONG SELL |
| GHRT.V | Greenheart Gold Inc. | $192M | 18 | STRONG SELL |
| TSK.TO | Talisker Resources Ltd. | $203M | 11 | STRONG SELL |
| NEXG.V | NeXGold Mining Corp. | $254M | 15 | STRONG SELL |
| GLDG | GoldMining Inc. | $238M | 10 | STRONG SELL |
| MFG.V | Mayfair Gold Corp. | $204M | 6 | STRONG SELL |
| KTO.V | K2 Gold Corporation | $130M | 13 | STRONG SELL |
| CAMB.V | Cambria Gold Mines Inc. | $303M | 19 | STRONG SELL |
| AUMB.V | 1911 Gold Corporation | $188M | 4 | STRONG SELL |
Peer medians: ROE -12.3% · P/E 15.2x · Gross margin 0.0%