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West Red Lake Gold Mines (TSXV:WRLG) Enterprise Value : C$185.26 Mil (As of May. 28, 2024)


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What is West Red Lake Gold Mines Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, West Red Lake Gold Mines's Enterprise Value is C$185.26 Mil. West Red Lake Gold Mines's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was C$-45.58 Mil. Therefore, West Red Lake Gold Mines's EV-to-EBIT ratio for today is -4.06.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, West Red Lake Gold Mines's Enterprise Value is C$185.26 Mil. West Red Lake Gold Mines's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 was C$-45.26 Mil. Therefore, West Red Lake Gold Mines's EV-to-EBITDA ratio for today is -4.09.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, West Red Lake Gold Mines's Enterprise Value is C$185.26 Mil. West Red Lake Gold Mines's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.00 Mil. Therefore, West Red Lake Gold Mines's EV-to-Revenue ratio for today is .


West Red Lake Gold Mines Enterprise Value Historical Data

The historical data trend for West Red Lake Gold Mines's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

West Red Lake Gold Mines Enterprise Value Chart

West Red Lake Gold Mines Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 4.49 4.30 5.79 127.05

West Red Lake Gold Mines Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.11 33.83 106.59 127.05 147.49

Competitive Comparison of West Red Lake Gold Mines's Enterprise Value

For the Gold subindustry, West Red Lake Gold Mines's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


West Red Lake Gold Mines's Enterprise Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, West Red Lake Gold Mines's Enterprise Value distribution charts can be found below:

* The bar in red indicates where West Red Lake Gold Mines's Enterprise Value falls into.



West Red Lake Gold Mines Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

West Red Lake Gold Mines's Enterprise Value for the fiscal year that ended in Nov. 2023 is calculated as

West Red Lake Gold Mines's Enterprise Value for the quarter that ended in Feb. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


West Red Lake Gold Mines  (TSXV:WRLG) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

West Red Lake Gold Mines's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=185.260/-45.584
=-4.06

West Red Lake Gold Mines's current Enterprise Value is C$185.26 Mil.
West Red Lake Gold Mines's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-45.58 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

West Red Lake Gold Mines's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=185.260/-45.263
=-4.09

West Red Lake Gold Mines's current Enterprise Value is C$185.26 Mil.
West Red Lake Gold Mines's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-45.26 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

West Red Lake Gold Mines's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=185.260/0
=

West Red Lake Gold Mines's current Enterprise Value is C$185.26 Mil.
West Red Lake Gold Mines's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


West Red Lake Gold Mines Enterprise Value Related Terms

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West Red Lake Gold Mines (TSXV:WRLG) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Toronto, ON, CAN, V7X 1J1
West Red Lake Gold Mines Ltd is engaged in the exploration and development of the West Red Lake Project located in the Red Lake Gold District of Northwestern Ontario, Canada.
Executives
Frank Giustra 10% Security Holder

West Red Lake Gold Mines (TSXV:WRLG) Headlines

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