West Red Lake Gold Mines Ltd. (WRLGF) fair value: what the stock is really worth
As of Oct 16, 2026: fair value (intrinsic value) of West Red Lake Gold Mines Ltd. stock $0.29, price $0.50, upside -42.7%, quality 31 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 19, 2026.
How to read this chart
60‑month range $0.1997 – $1.04 · fair‑value band $0.2210 – $0.3315 · the $0.5048 price screens above the $0.2890 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 19, 2026.
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West Red Lake Gold Mines Ltd., a mineral exploration company, acquires, explores, evaluates, and develops gold properties in Canada.
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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.
Stock analysis
West Red Lake Gold Mines Ltd. (WRLGF) currently trades at $0.5048, while our model-based Fair Value estimate is $0.2890, 42.7% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $0.3400 per share, and 2 of the 12 models we run sit above the $0.5048 price.
Bear case: the Economic Profit group reads lowest at $0.0800, and 10 of the 12 models stay below the price. Data coverage for this calculation is low.
Scenario range: $0.2210 (bear) to $0.3315 (bull), the price of $0.5048 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 31/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue growth is weak, negative or inconsistent.
West Red Lake Gold Mines Ltd. reported revenue of C$103M in FY2025 versus C$0 in FY2020. Reported net income was C$501K in FY2025.
Key figures
Market cap $200M Micro · P/E ratio 50.5 · P/S ratio 1.40 · EPS (TTM) $0.0100 · Net margin 4.5% · Return on equity 0.8% · Return on assets (EBIT) −11.7% · Operating margin 20.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (medium confidence).
What moves the price
The share trades about 51% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at −43%, WRLGF screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely ($0.0100 to $0.6300). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear$0.2210Fair Value $0.2890Bull$0.3315
Price $0.5048 · Upside -42.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 11 months old). Earnings retained since then ($0.0088 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue growth is weak, negative or inconsistent.
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
Compare West Red Lake Gold Mines Ltd. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 212 stocks
Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score31 · Bottom 25%
Fair Value upside−42.7% · Below median
Profitability
Return on equity (12 months)0.8% · Below median
Return on assets0.2% · Below median
Net margin (12 months)4.5% · Bottom 25%
Operating margin (12 months)20.5% · Below median
Growth and dividend
Revenue growth18.9% · Below median
Valuation Multiplesvs Gold median · lower = cheaper
P/E (12 months)50.5× · Priciest 25%
P/B2.06× · Cheaper than median
P/S (12 months)1.40× · Cheapest 25%
EV/EBITDA3.9× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 4
FUTURE (revenue growth)94· sector 100
PAST (return on equity)3· sector 40
HEALTH (low debt)0· sector 98
DIVIDEND (yield)0· sector 23
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "West Red Lake Gold Mines Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/WRLGF
Frequently asked questions
Is West Red Lake Gold Mines Ltd. (WRLGF) overvalued or undervalued?
As of Oct 19, 2026, our model estimates a fair value of $0.2890 versus a price of $0.5048, about −43% upside (overvalued).
What is the fair value of WRLGF?
Our model-based fair value for West Red Lake Gold Mines Ltd. is $0.2890 (as of Oct 19, 2026), built from audited fundamentals. The current price: $0.5048.
What is the quality score of WRLGF?
West Red Lake Gold Mines Ltd. has a Quality Score of 31/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for West Red Lake Gold Mines Ltd. (WRLGF)?
Our model-based price target is the fair value of $0.2890 (as of Oct 19, 2026) from 14 valuation models. Cautious scenario $0.2210, optimistic scenario $0.3315. It is a calculation from audited fundamentals, not an analyst target.
What is the West Red Lake Gold Mines Ltd. stock forecast for 2026?
Our models put fair value at $0.2890, about −43% upside versus a price of $0.5048 (overvalued). Cautious scenario $0.2210, optimistic scenario $0.3315. The calculation is refreshed regularly with new filings.
What is the revenue of West Red Lake Gold Mines Ltd. (WRLGF)?
West Red Lake Gold Mines Ltd. reported trailing-twelve-month revenue of about $143M (latest available figure, as of Oct 19, 2026).
What is the intrinsic value of West Red Lake Gold Mines Ltd. (WRLGF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For West Red Lake Gold Mines Ltd. it is $0.2890 per share (as of Oct 19, 2026), against a price of $0.5048. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is West Red Lake Gold Mines Ltd. stock overvalued or undervalued in 2026?
As of Oct 19, 2026, WRLGF trades above its calculated fair value: price $0.5048, fair value $0.2890, a gap of about −43% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of WRLGF?
No. The price is what the market pays today ($0.5048); the fair value is what the company's own numbers justify ($0.2890). For West Red Lake Gold Mines Ltd. the two are $0.2158 per share apart. That gap is exactly why we show both numbers side by side.
How much is West Red Lake Gold Mines Ltd. worth?
The market values West Red Lake Gold Mines Ltd. at about $200M (market capitalisation, as of Oct 19, 2026). Per share that is $0.5048; our models calculate a fair value of $0.2890 per share.
What do the bullish and bearish scenarios say about WRLGF?
Our models span a range for West Red Lake Gold Mines Ltd.: cautious scenario $0.2210, base $0.2890, optimistic $0.3315 per share (as of Oct 19, 2026, price $0.5048). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of WRLGF?
West Red Lake Gold Mines Ltd. trades at a price-to-earnings ratio of 50.5 (as of Oct 19, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $0.2890 is built from several models across several years. Other multiples: P/B 2.1, P/S 1.4, EV/EBITDA 3.9.
How solid is the balance sheet of West Red Lake Gold Mines Ltd. (WRLGF)?
Balance-sheet figures for West Red Lake Gold Mines Ltd. (as of Oct 19, 2026): return on equity 0.8%. They feed the Quality Score of 31/100, which measures business quality independently of the share price.
How far is WRLGF from its 52-week high?
West Red Lake Gold Mines Ltd. trades at $0.5048, about 51% below its 52-week high of $1.04 and 16% above the low of $0.4350 (as of Oct 16, 2026). Distance from the high says nothing about value: that is what the fair value of $0.2890 is for.
Which stocks are comparable to West Red Lake Gold Mines Ltd.?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is West Red Lake Gold Mines Ltd. stock attractive at the current price?
The data as of Oct 19, 2026: price $0.5048, calculated fair value $0.2890 (−43%), Quality Score 31/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of WRLGF calculated?
We run West Red Lake Gold Mines Ltd. through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.2890, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.8 % above its aggregate fair value. West Red Lake Gold Mines Ltd. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of West Red Lake Gold Mines Ltd. (WRLGF)?
The closing price on Oct 16, 2026 was $0.5048. Our model-based fair value is $0.2890, about −43% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with West Red Lake Gold Mines Ltd. right now?
The price sits above even our optimistic bull case ($0.3315). The favourable scenario is already priced in. Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of West Red Lake Gold Mines Ltd.
How large is the market capitalisation of West Red Lake Gold Mines Ltd. (WRLGF)?
The market capitalisation of West Red Lake Gold Mines Ltd. is $200M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of West Red Lake Gold Mines Ltd. (WRLGF)?
The price-to-sales ratio of West Red Lake Gold Mines Ltd. is 1.40 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of West Red Lake Gold Mines Ltd. (WRLGF)?
Earnings per share at West Red Lake Gold Mines Ltd. are $0.0100 (price ÷ EPS = P/E 50.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of West Red Lake Gold Mines Ltd. (WRLGF)?
The net margin of West Red Lake Gold Mines Ltd. is 4.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of West Red Lake Gold Mines Ltd. (WRLGF)?
The return on equity (ROE) of West Red Lake Gold Mines Ltd. is 0.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of West Red Lake Gold Mines Ltd. (WRLGF)?
On an EBIT basis the return on assets of West Red Lake Gold Mines Ltd. is −11.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of West Red Lake Gold Mines Ltd. (WRLGF)?
The operating margin of West Red Lake Gold Mines Ltd. is 20.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at West Red Lake Gold Mines Ltd. (WRLGF)?
Revenue at West Red Lake Gold Mines Ltd. is growing +18.9% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does West Red Lake Gold Mines Ltd. (WRLGF) generate?
The free cash flow of West Red Lake Gold Mines Ltd. is −$70.6M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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Thin data
Oct 19, 2026