Added to YB: 2026-02-23
Pitch date: 2026-02-19
WRLG.V [bullish]
West Red Lake Gold Mines Ltd.
-39.83%
current return
Author Info
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Company Info
West Red Lake Gold Mines Ltd., a mineral exploration company, acquires, explores, evaluates, and develops gold properties in Canada.
Market Cap
CAD 368.9M
Pitch Price
CAD 1.18
Price Target
2.50 (+252%)
Dividend
N/A
EV/EBITDA
7.77
P/E
25.17
EV/Sales
2.73
Sector
Metals and Mining
Category
turnaround
The Gold Price Gap: Quarterly Financials Still Haven't Caught Up - West Red Lake Gold Mines Ltd.
WRLG.V: Madsen Mine now commercial production 689tpd, 94.6% recovery. FY2025 ~20k oz at ~US$3,650/oz realized, AISC US$1,681/oz. PFS: 67.6k oz/yr steady-state = US$211M annual FCF at US$4,800 gold (US$3,119/oz margin). 3.7x fwd P/E. Target 40k oz FY2026, ~100k oz/yr by 2028 w/ Rowan. Risk: 165M warrants C$0.68-1.00. Analyst targets C$1.50-2.50
Read full article (2 min)