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West Red Lake Gold Mines Inc

www: www.westredlakegold.com   email: investors@westredlakegold.com
Category: Junior: Near-term Producer
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Symbol Data

Symbol Currency
CVE:WRLG CAD
OTCMKTS:WRLGF USD

Description

West Red Lake Gold Mines Inc are a gold focused junior, near-term producer with one mine in development in Canada and three exploration properties. They have approximately 2.3Moz. of gold in the reserves and resources category of which 1.8Moz. are in the measured and indicated category. They have a market capitalisation of ~C$277.61M which is a rise of roughly 7% over the last days. As of 05/06/2025 they have ~C$34M debt and ~C$22.19M cash. They have 343M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 05/06/2025
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
MCap (FD): $258.44M $277.61M 05/06/2025 $19.17M
Total Assets: $78.24M $77.32M 05/06/2025 $-0.92M
Total Liabilities: $45.64M $45.11M 05/06/2025 $-0.54M
Current Assets: $22.46M $22.19M 05/06/2025 $-0.26M
Current Liabilities: $8.69M $8.59M 05/06/2025 $-0.10M
Total Debt: $34.77M $34.37M 05/06/2025 $-0.41M
Cash: $22.46M $22.19M 05/06/2025 $-0.26M
Enterprise Value: $270.75M $289.78M 03/08/1979 $19.03M
Cash Flow: $79.76M $71.62M never $-8.14M
Cash Flow Multiple: 3.24 3.88 never 0.64
Net Debt to
Cash Flow Ratio:
0.15 0.17 never 0.02
Finance within 1 year: 05/06/2025 n/a
Misc 05/06/2025
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 343,170,072 343,170,072 05/06/2025 0
Shares (FD): 516,997,579 516,997,579 05/06/2025 0
Insider Ownership: n/a 30% 05/06/2025 30%
Dividend (Annual): n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 07/01/2025 05/06/2025 n/a
Production (Gold Eq Oz.): (guess) 
65,000
(guess) 
65,000
05/06/2025 0
Production (Silver Eq Oz.): (guess) 
6,665,806
(guess) 
6,403,120
05/06/2025 -262,686
Initial CapEx (Outstanding): n/a n/a 05/06/2025 n/a
Funding Option: n/a n/a 05/06/2025 n/a
Documentation: none PFS 05/06/2025 n/a
Future MCap Modifier: 0.25
Producer: Quality
0.25
Producer: Quality
03/24/2025 0
Cash Flow Multiplier: 15 15 03/24/2025 0.00

Resource Data

GOLD 05/06/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 05/06/2025 0.00M
Measured & Indicated: 1.80M 1.80M 05/06/2025 0.00M
Inferred: 0.50M 0.50M 05/06/2025 0.00M
Reserves & Resources: 2.30M 2.30M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 05/06/2025 0.00M
Measured & Indicated: 1.30M 1.30M 05/06/2025 0.00M
Inferred: 0.23M 0.23M 05/06/2025 0.00M
Reserves & Resources: 1.52M 1.52M never 0.00M
C
U
R
R
E
N
T
Annual Production: (guess) 
65,000oz.
(guess) 
65,000oz.
05/06/2025 0oz.
Cash Cost: $1,400 $1,400 05/06/2025 $0.00
Extra Operating Cost: $750 $750 05/06/2025 $0.00
Total: $2,150 $2,150 05/06/2025 $0.00
Margin (Free Cash Flow): $1,227 (36%) $1,102 (34%) $-125.20
G
R
A
D
E
Underground (Avg): 6.00 g/t 6.00 g/t 05/06/2025 n/a
Open Pit (Avg): n/a n/a 05/13/2023 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 05/06/2025 0.00%
F
U
T
U
R
E
Proven & Probable: 2.50M 2.50M 05/06/2025 0.00M
Annual Production: 125,000oz. 125,000oz. 05/06/2025 0oz.
Cash Cost: $1,500 $1,500 05/06/2025 $0
Extra Operating Cost: $750 $750 05/06/2025 $0
SILVER 05/06/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 05/06/2025 0.00M
Measured & Indicated: n/a n/a 05/06/2025 0.00M
Inferred: n/a n/a 05/06/2025 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 05/06/2025 0.00M
Measured & Indicated: n/a n/a 05/06/2025 0.00M
Inferred: n/a n/a 05/06/2025 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 05/06/2025 $0.00
Extra Operating Cost: n/a n/a 05/06/2025 $0.00
Total: n/a n/a 05/06/2025 $0.00
Margin (Free Cash Flow): n/a $0.00
G
R
A
D
E
Underground (Avg): n/a n/a 05/06/2025 n/a
Open Pit (Avg): n/a n/a 05/13/2023 n/a
Recovery Rate: n/a n/a 05/06/2025 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 05/06/2025 0.00M
Annual Production: n/a n/a 05/06/2025 n/a
Cash Cost: n/a n/a 05/06/2025 n/a
Extra Operating Cost: n/a n/a 05/06/2025 n/a

Property

Last Analysis Data  (05/06/2025)
Stage Name Owned Au Ag Cu Notes
Dev Madsen 100% show
2M oz deposit at 6 gpt.

Mill
Ready to restart production.
Exp Mount Jamie 100% show
Early exploration
Exp Red Summit 100% show
Early exploration
Exp Rowan 100% show
First 43-101 coming in 2014. They are hoping to find at least 2 million oz. The maiden 43-101 will likely be less than 1 million.
Total Land Package Size (ha): 7,800  
Current Data
Stage Name Owned Au Ag Cu Notes
Dev Madsen 100% show
2M oz deposit at 6 gpt.

Mill
Ready to restart production.
Exp Mount Jamie 100% show
Early exploration
Exp Red Summit 100% show
Early exploration
Exp Rowan 100% show
First 43-101 coming in 2014. They are hoping to find at least 2 million oz. The maiden 43-101 will likely be less than 1 million.
Total Land Package Size (ha): 7,800  

Profitability (by resource)

Proven &
Probable
05/06/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: n/a n/a n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): n/a n/a n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.00M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: n/a n/a n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.00M
Maximum Profit (Gold): n/a n/a n/a $0.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: n/a n/a n/a $0.00M
Max Profit / Current MCap: n/a n/a n/a 0.000
Max Profit Per Share (Gold): n/a n/a n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: n/a n/a n/a $0.00
Total Free Profit Per Share: n/a n/a n/a $0.00
FD MCap / Gold Eq.: n/a n/a n/a $0.00
FD MCap / Silver Eq.: n/a n/a n/a $0.00
FD MCap / Per Metal
as % Spot Price:
n/a n/a n/a 0.00%
Measured &
Indicated
05/06/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.80M 1.80M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -7.27M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.30M 1.30M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -5.24M
Maximum Profit (Gold): $1,590.19M $1,427.93M n/a $-162.26M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,590.19M $1,427.93M n/a $-162.26M
Max Profit / Current MCap: 6.153 5.144 n/a -1.009
Max Profit Per Share (Gold): $3.08 $2.76 n/a $-0.31
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.08 $2.76 n/a $-0.31
Total Free Profit Per Share: $2.39 $2.01 n/a $-0.37
FD MCap / Gold Eq.: $199.41 $214.21 n/a $14.79
FD MCap / Silver Eq.: $1.94 $2.17 n/a $0.23
FD MCap / Per Metal
as % Spot Price:
5.91% 6.59% n/a 0.68%

Reserves &
Resources
05/06/2025
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 2.30M 2.30M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -9.30M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.52M 1.52M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -6.15M
Maximum Profit (Gold): $1,866.27M $1,675.84M n/a $-190.43M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $1,866.27M $1,675.84M n/a $-190.43M
Max Profit / Current MCap: 7.221 6.037 n/a -1.185
Max Profit Per Share (Gold): $3.61 $3.24 n/a $-0.37
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.61 $3.24 n/a $-0.37
Total Free Profit Per Share: $2.92 $2.49 n/a $-0.43
FD MCap / Gold Eq.: $169.91 $182.52 n/a $12.61
FD MCap / Silver Eq.: $1.66 $1.85 n/a $0.20
FD MCap / Per Metal
as % Spot Price:
5.03% 5.61% n/a 0.58%

Future Valuation (Cash Flow & Totals)

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