West Red Lake Gold Mines Ltd.
ProductionMadsen Gold Mine, Red Lake, Ontario, CanadaLow risk (9/10)
West Red Lake Gold restarted the historic Madsen gold mine in Ontario's Red Lake district, declaring commercial production in January 2026. The company is ramping up toward 2026 guidance of 35,000-45,000 ounces as it works through its underground mine plan.
Price (USD)
$0.47
Price (CAD)
$0.66
Market Cap
$193.8M
Cash Position
$25.5M
Shares Outstanding
412.8M
Jurisdiction
Canada
Management team
No track record yet
Electrical engineer and project management specialist; appointed President and CEO of West Red Lake Gold in June 2023 to lead the Madsen restart.
No track record yet
30 years of experience in junior mining; previously President and CEO of West Red Lake Gold before moving to the Executive Chairman role.
Insiders & investors
Notable shareholders and insiders whose involvement is worth knowing about.
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