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West Red Lake Gold Mines Ltd (WRLG) Fair Value & Analysis

Basic Materials · CA · Market cap C$285M

PriceC$0.6500
Fair ValueC$0.4600
Upside-29.2%
Quality91/100
Evidence: Medium Range C$0.3700 – C$0.5000

Fair value as of: Jun 24, 2026

Analysis

West Red Lake Gold Mines Ltd (WRLG) currently trades at C$0.6500, while our model-based Fair Value estimate is C$0.4600 — implying the stock looks roughly 29.2% overvalued today. We read business quality at 91/100 (high quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

About the company

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.

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Frequently asked questions

Is West Red Lake Gold Mines Ltd (WRLG) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$0.4600 versus a price of C$0.6500 — about −29% (overvalued). Model-based estimate, not financial advice.
What is the fair value of WRLG?
Our 21-model fair value for West Red Lake Gold Mines Ltd is C$0.4600 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$0.6500.
What is the quality score of WRLG?
West Red Lake Gold Mines Ltd has a Quality Score of 91/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.