Corporate News Report – West Red Lake Gold Mines
| Metric | Value |
|---|
| Trading session | 24 hours ending 08:16 PM Central Europe, Tuesday 20 Oct 2026 |
| Share price change | –4.11 % |
| Current price | CAD 0.72 |
| Shares outstanding | 414.5 million |
| Market capitalization | CAD 298.4 million |
| Volume traded in last 24 hours | CAD 383.3 k |
| Monthly change (last month end) | –10.26 % |
| 200‑day simple moving average | CAD 0.90 |
| 52‑week high | CAD 1.49 (26 Jan 2026) |
| 52‑week low | CAD 0.59 (10 Jun 2026) |
Comparison with Peer Stocks (24 hours)
| Stock | Ticker | Price change | Current price | Market cap |
|---|
| Auxly Cannabis | XLY.TO | 0 % | CAD 3.41 | CAD 348.9 million |
| Doubleview Gold | DBG.V | –4.58 % | CAD 1.44 | CAD 350.5 million |
| Condor Energies | CDR.TO | +1.94 % | CAD 4.25 | CAD 357.3 million |
| First Phosphate | FRSPF | –5.26 % | CAD 1.73 | CAD 342.8 million |
| White Gold | WGO.V | –1.26 % | CAD 1.59 | CAD 352.9 million |
Additional Highlights
- Doubleview Gold – FireFly Metals Ltd confirmed that the Green Bay copper‑gold project maintains its resource estimate and economic assumptions. The project now totals ~60 million tonnes at a copper‑equivalent grade of 2.4 %, with a 4.3 % high‑grade core. Development plans include a 1.8 Mt/yr base case and a 4.6 Mt/yr up‑scaling option. The recent equity raise has increased the cash position to about A$368 million.
- White Gold – The company’s first 2026 diamond‑drill program at the White Gold Project yielded additional high‑grade gold intercepts. At the Golden Saddle deposit, a hole extended the high‑grade core by ~50 m west of the main zone, recording ~5 g/t over 8 m within a broader 1.5 g/t zone. At the VG deposit, two holes extended continuous mineralisation from ~230 m to 320 m down‑plunge across ~150 m of strike, including a high‑grade core of ~2.5 g/t over 19 m. These results support the company’s view that the flagship project has significant growth potential, with further assays pending.
Company Overview
West Red Lake Gold Mines Ltd. is a publicly listed company on the TSX Venture Exchange that focuses on the exploration and development of gold projects within the Red Lake Gold District of Northwestern Ontario, Canada. The company provides exploration and mining services to customers worldwide and maintains an online presence at www.westredlakegold.com
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