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West Red Lake Gold Mines (WRLG-X)
CVE:WRLG
0.74
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
West Red Lake Gold Mines (WRLG-X) is currently facing challenges due to a rushed approach to building a new mine, leading to potential issues that have arisen from not properly capitalizing it. However, there are positive developments on the horizon as the company is working on re-capitalizing the mine and addressing geological concerns that previously hindered progress. Analysts are optimistic about the company's ability to restart operations and enhance profitability beyond what was achieved by previous management. The increased price of gold serves as a beneficial factor for the company's future performance, making experts hopeful for a turnaround. Overall, the situation indicates a careful reassessment is underway, which may yield favorable results in the coming years.
$0.710
Owned
Principal asset went into bankruptcy. A very determined friend of his is involved, and this gives him hope about the consolidation and re-invigoration of the district. Don't own it unless you have a long time perspective.
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West Red Lake Gold Mines(WRLG-X) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
West Red Lake Gold Mines(WRLG-X) Frequently Asked Questions
What is West Red Lake Gold Mines stock symbol?
West Red Lake Gold Mines is a Canadian stock, trading under the symbol WRLG-X on the TSX Venture Exchange (WRLG-CV). It is usually referred to as TSXV:WRLG or WRLG-X
Is West Red Lake Gold Mines a buy or a sell?
In the last year, 1 stock analyst published opinions about WRLG-X. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for West Red Lake Gold Mines.
Is West Red Lake Gold Mines a good investment or a top pick?
West Red Lake Gold Mines was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for West Red Lake Gold Mines.
Why is West Red Lake Gold Mines stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is West Red Lake Gold Mines worth watching?
In the last year, there was no coverage of West Red Lake Gold Mines published on Stockchase.
What is West Red Lake Gold Mines stock price?
On 2025-02-11, West Red Lake Gold Mines (WRLG-X) stock closed at a price of $0.74.
They had problems building a new mine involving rushing it and not properly capitalizing it. He continues to hold it. Likes that they are re-capitalizing the mine and working out geological issues. They can re-start this mine and make it more profitable than their predecessor. The rising price of gold helps.