West Red Lake Gold Mines Ltd.

West Red Lake Gold Mines Ltd.verified

WRLG.V

Price:

$1.03

Market Cap:

$406.57M

West Red Lake Gold Mines Ltd., acquires, explores for, and develops gold deposits in Canada. It holds interests in the West Red Lake project that comprising the NT Zone, the Mount Jamie Mine, the Rowan Mine, and Red Summit Mine properties covering an area of 3,100 hectares situated in the Red Lake Archean Greenstone Belt, Red Lake Gold District of Northwestern Ontario. The company was formerly known as DLV Resources Ltd. and changed its name to West Red Lake Gold Mines Ltd. in December 2022. West Red Lake Gold Mines Ltd. is based in British Columbia, Canada.

Industry

Gold

IPO Date

1996-08-08

Stock Exchange

TSXV

Ticker

WRLG.V

The Current Ratio as of December 2025 (TTM) for West Red Lake Gold Mines Ltd. (WRLG.V) is 1.61

According to West Red Lake Gold Mines Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.61. This represents a change of 7.86% compared to the average of 1.49 of the last 4 quarters.

West Red Lake Gold Mines Ltd. (WRLG.V) Historical Current Ratio (quarterly & annually)

How has WRLG.V Current Ratio performed in the past?

The mean historical Current Ratio of West Red Lake Gold Mines Ltd. over the last ten years is 25.86. The current 1.61 Current Ratio has changed 521.36% with respect to the historical average. Over the past ten years (40 quarters), WRLG.V's Current Ratio was at its highest in in the February 2021 quarter at 79.36. The Current Ratio was at its lowest in in the November 2017 quarter at 0.05.

Quarterly (TTM)
Annual

Average

25.86

Median

14.24

Minimum

0.05

Maximum

65.00

West Red Lake Gold Mines Ltd. (WRLG.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of West Red Lake Gold Mines Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 129.57%

Maximum Annual Current Ratio = 65.00

Minimum Annual Increase = -97.06%

Minimum Annual Current Ratio = 0.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.534.08%
20231.47-94.36%
202226.03-49.10%
202151.141.04%
202050.61-13.65%
201958.62-9.83%
201865.00129.57%
20170.05-97.06%
20161.70-30.70%
20152.46-63.92%

West Red Lake Gold Mines Ltd. (WRLG.V) Average Current Ratio

How has WRLG.V Current Ratio performed in the past?

The current Current Ratio of West Red Lake Gold Mines Ltd. (WRLG.V) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

9.68

5-year avg

26.16

10-year avg

25.86

West Red Lake Gold Mines Ltd. (WRLG.V) Current Ratio vs. Peers

How is WRLG.V’s Current Ratio compared to its peers?

West Red Lake Gold Mines Ltd.’s Current Ratio is less than Monument Mining Limited (7.89), less than Gold Reserve Inc. (4.57), less than Banyan Gold Corp. (8.10), less than Vista Gold Corp. (11.03), less than Northern Superior Resources Inc. (3.11), less than Liberty Gold Corp. (9.09), less than Maritime Resources Corp. (5.05), less than Gold X2 Mining Inc. (4.05), less than Radisson Mining Resources Inc. (5.95), greater than Minera Alamos Inc. (1.00),

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