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WEST RED LAKE GOLD MINES LTD (WRLG.CA) Stock Fundamental Analysis

Canada - TSX Venture Exchange - TSX-V:WRLG - CA95556L1013 - Common Stock

1.02 CAD
-0.02 (-1.92%)
Last: 1/8/2026, 7:00:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to WRLG. WRLG was compared to 812 industry peers in the Metals & Mining industry. Both the profitability and financial health of WRLG have multiple concerns. WRLG has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

WRLG had negative earnings in the past year.
In the past year WRLG has reported a negative cash flow from operations.
In the past 5 years WRLG always reported negative net income.
WRLG had a negative operating cash flow in each of the past 5 years.
WRLG.CA Yearly Net Income VS EBIT VS OCF VS FCFWRLG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M -80M -100M

1.2 Ratios

WRLG has a Return On Assets (-24.38%) which is comparable to the rest of the industry.
WRLG has a Return On Equity of -69.98%. This is comparable to the rest of the industry: WRLG outperforms 41.01% of its industry peers.
Industry RankSector Rank
ROA -24.38%
ROE -69.98%
ROIC N/A
ROA(3y)-42.8%
ROA(5y)-29.55%
ROE(3y)-153.3%
ROE(5y)-95.93%
ROIC(3y)N/A
ROIC(5y)N/A
WRLG.CA Yearly ROA, ROE, ROICWRLG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200 -400 -600 -800 -1K

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for WRLG so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
WRLG.CA Yearly Profit, Operating, Gross MarginsWRLG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024

2

2. Health

2.1 Basic Checks

The number of shares outstanding for WRLG has been increased compared to 1 year ago.
The number of shares outstanding for WRLG has been increased compared to 5 years ago.
Compared to 1 year ago, WRLG has a worse debt to assets ratio.
WRLG.CA Yearly Shares OutstandingWRLG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
WRLG.CA Yearly Total Debt VS Total AssetsWRLG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

Based on the Altman-Z score of 0.49, we must say that WRLG is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.49, WRLG is in line with its industry, outperforming 41.63% of the companies in the same industry.
A Debt/Equity ratio of 1.28 is on the high side and indicates that WRLG has dependencies on debt financing.
The Debt to Equity ratio of WRLG (1.28) is worse than 74.01% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.28
Debt/FCF N/A
Altman-Z 0.49
ROIC/WACCN/A
WACCN/A
WRLG.CA Yearly LT Debt VS Equity VS FCFWRLG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

2.3 Liquidity

WRLG has a Current Ratio of 1.61. This is a normal value and indicates that WRLG is financially healthy and should not expect problems in meeting its short term obligations.
WRLG has a Current ratio (1.61) which is in line with its industry peers.
WRLG has a Quick Ratio of 1.40. This is a normal value and indicates that WRLG is financially healthy and should not expect problems in meeting its short term obligations.
WRLG has a Quick ratio (1.40) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.61
Quick Ratio 1.4
WRLG.CA Yearly Current Assets VS Current LiabilitesWRLG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

1

3. Growth

3.1 Past

WRLG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.18%, which is quite impressive.
EPS 1Y (TTM)38.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%90%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

Based on estimates for the next years, WRLG will show a very strong growth in Earnings Per Share. The EPS will grow by 54.43% on average per year.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y152.03%
EPS Next 2Y83.02%
EPS Next 3Y54.43%
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
WRLG.CA Yearly Revenue VS EstimatesWRLG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2025 2026 2027 2028 2029 2030 2031 2032 50M 100M 150M 200M 250M
WRLG.CA Yearly EPS VS EstimatesWRLG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 2025 2026 2027 0 0.1 -0.1 0.2 -0.2 0.3

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for WRLG. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 3.65, the valuation of WRLG can be described as very cheap.
WRLG's Price/Forward Earnings ratio is rather cheap when compared to the industry. WRLG is cheaper than 98.65% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of WRLG to the average of the S&P500 Index (23.70), we can say WRLG is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 3.65
WRLG.CA Price Earnings VS Forward Price EarningsWRLG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
WRLG.CA Per share dataWRLG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 -0.1 0.2 -0.2

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WRLG's earnings are expected to grow with 54.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y83.02%
EPS Next 3Y54.43%

0

5. Dividend

5.1 Amount

No dividends for WRLG!.
Industry RankSector Rank
Dividend Yield 0%

WEST RED LAKE GOLD MINES LTD

TSX-V:WRLG (1/8/2026, 7:00:00 PM)

1.02

-0.02 (-1.92%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-25 2025-11-25/amc
Earnings (Next)04-21 2026-04-21
Inst Owners3.8%
Inst Owner ChangeN/A
Ins Owners0.59%
Ins Owner ChangeN/A
Market Cap404.25M
Revenue(TTM)58.90M
Net Income(TTM)-59.23M
Analysts80
Price Target2.09 (104.9%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-14.85%
Min EPS beat(2)-149.5%
Max EPS beat(2)119.8%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.82%
PT rev (3m)-0.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.11%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.69%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 3.65
P/S 6.86
P/FCF N/A
P/OCF N/A
P/B 4.78
P/tB 4.78
EV/EBITDA N/A
EPS(TTM)-0.22
EYN/A
EPS(NY)0.28
Fwd EY27.4%
FCF(TTM)-0.27
FCFYN/A
OCF(TTM)-0.12
OCFYN/A
SpS0.15
BVpS0.21
TBVpS0.21
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -24.38%
ROE -69.98%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-42.8%
ROA(5y)-29.55%
ROE(3y)-153.3%
ROE(5y)-95.93%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 1.28
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 3039.76%
Cap/Sales 99.18%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.61
Quick Ratio 1.4
Altman-Z 0.49
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)38.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%90%
EPS Next Y152.03%
EPS Next 2Y83.02%
EPS Next 3Y54.43%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y48.63%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year227.3%
EBIT Next 3Y64.48%
EBIT Next 5YN/A
FCF growth 1Y-833.13%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-323.26%
OCF growth 3YN/A
OCF growth 5YN/A

WEST RED LAKE GOLD MINES LTD / WRLG.CA FAQ

What is the fundamental rating for WRLG stock?

ChartMill assigns a fundamental rating of 2 / 10 to WRLG.CA.


What is the valuation status for WRLG stock?

ChartMill assigns a valuation rating of 4 / 10 to WEST RED LAKE GOLD MINES LTD (WRLG.CA). This can be considered as Fairly Valued.


What is the profitability of WRLG stock?

WEST RED LAKE GOLD MINES LTD (WRLG.CA) has a profitability rating of 1 / 10.


How financially healthy is WEST RED LAKE GOLD MINES LTD?

The financial health rating of WEST RED LAKE GOLD MINES LTD (WRLG.CA) is 2 / 10.


What is the earnings growth outlook for WEST RED LAKE GOLD MINES LTD?

The Earnings per Share (EPS) of WEST RED LAKE GOLD MINES LTD (WRLG.CA) is expected to grow by 152.03% in the next year.