Red Lake GoldFRA:P11A Piotroski F-Score is 4 as of Jun. 30, 2026, which is 33% above its 10-year median of 3.00. The stock has 2 warning signs investors should review. Among 2,507 Metals & Mining companies, Red Lake Gold ranks better than 78.22% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Red Lake Gold has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Red Lake Gold's Piotroski F-Score or its related term are showing as below:
FRA:P11A'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 4
Current: 4
During the past 9 years, the highest Piotroski F-Score of Red Lake Gold was 4. The lowest was 2. And the median was 3.
Red Lake Gold (FRA:P11A) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Red Lake Gold Piotroski F-Score Related Terms
Red Lake Gold Piotroski F-Score Historical Data
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The historical data trend for Red Lake Gold's Piotroski F-Score 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.
For the Gold subindustry, Red Lake Gold's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Red Lake Gold Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Red Lake Gold's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Red Lake Gold's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Red Lake Gold's current Net Income (TTM) was -0.20.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Red Lake Gold's return on assets of this year was -1.046875. Red Lake Gold's return on assets of last year was -1.09754479.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Red Lake Gold's current ratio of this year was 0.25. Red Lake Gold's current ratio of last year was .
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Red Lake Gold's number of shares in issue this year was 50.239. Red Lake Gold's number of shares in issue last year was 50.239.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Red Lake Gold's gross margin of this year was . Red Lake Gold's gross margin of last year was .
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Red Lake Gold's asset turnover of this year was 0. Red Lake Gold's asset turnover of last year was 0.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Red Lake Gold has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Red Lake Gold (FRA:P11A) has a Piotroski F-Score of 4 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Red Lake Gold and its competitors. This is 33% above median its historical median of 3.00. Over the past decade, Red Lake Gold's Piotroski F-Score has ranged from 2.00 to 4.00. According to the industry distribution chart, Red Lake Gold ranks #546 out of 2507 companies in the Metals & Mining industry, placing it in the top 21.8%.
Is Red Lake Gold's Piotroski F-Score too high?
Red Lake Gold's current Piotroski F-Score of 4 is 33% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Red Lake Gold's value of 4 is 33.3% above this industry median. Based on the distribution chart, Red Lake Gold ranks #546 out of 2507 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Red Lake Gold's Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Red Lake Gold ranks #546 out of 2507 companies for Piotroski F-Score. This places Red Lake Gold in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Red Lake Gold's value of 4 is 33.3% above this benchmark. Historically, Red Lake Gold's own Piotroski F-Score has ranged from 2.00 to 4.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Red Lake Gold has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,507 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Red Lake Gold's current Piotroski F-Score of 4 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Red Lake Gold and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Lake Gold's current Piotroski F-Score is 4, which is 33% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Lake Gold stock overvalued right now?
Red Lake Gold (FRA:P11A) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% above median its 10-year median of 3.00 and 33.3% above the Metals & Mining industry median of 3.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Red Lake Gold (FRA:P11A), the current Piotroski F-Score is 4 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Red Lake Gold Inc is engaged in the acquisition and exploration of mineral properties in Canada. Its projects include Whirlwind Jack, Fenelon North, and Other projects.
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