West Red Lake Gold Mines Ltd.

West Red Lake Gold Mines Ltd.verified

WRLGF

Price:

$0.42

Market Cap:

$188.13M

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.[Read more]

Industry

Gold

IPO Date

2010-06-11

Stock Exchange

PNK

Ticker

WRLGF

The Current Ratio as of December 2024 (TTM) for West Red Lake Gold Mines Ltd. (WRLGF) is 1.99

According to West Red Lake Gold Mines Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.99. This represents a change of -14.45% compared to the average of 2.32 of the last 4 quarters.

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

How has WRLGF Current Ratio performed in the past?

The mean historical Current Ratio of West Red Lake Gold Mines Ltd. over the last ten years is 26.39. The current 1.99 Current Ratio has changed 652.78% with respect to the historical average. Over the past ten years (40 quarters), WRLGF'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

26.39

Median

16.42

Minimum

0.05

Maximum

65.00

West Red Lake Gold Mines Ltd. (WRLGF) 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
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%
20146.81-58.23%

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

How has WRLGF Current Ratio performed in the past?

The current Current Ratio of West Red Lake Gold Mines Ltd. (WRLGF) 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

26.21

5-year avg

37.57

10-year avg

26.39

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

How is WRLGF’s Current Ratio compared to its peers?

West Red Lake Gold Mines Ltd.’s Current Ratio is

CompanyCurrent RatioMarket cap

Build a custom stock screener for West Red Lake Gold Mines Ltd. (WRLGF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like West Red Lake Gold Mines Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

West Red Lake Gold Mines Ltd. (WRLGF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like West Red Lake Gold Mines Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is West Red Lake Gold Mines Ltd.'s Current Ratio?

How is the Current Ratio calculated for West Red Lake Gold Mines Ltd. (WRLGF)?

What is the highest Current Ratio for West Red Lake Gold Mines Ltd. (WRLGF)?

What is the 3-year average Current Ratio for West Red Lake Gold Mines Ltd. (WRLGF)?

What is the 5-year average Current Ratio for West Red Lake Gold Mines Ltd. (WRLGF)?

How does the current Current Ratio for West Red Lake Gold Mines Ltd. (WRLGF) compare to its historical average?