West Red Lake Gold MinesFRA:UJ0 +1.93%22 Piotroski F-Score is 7 as of Jun. 29, 2026, which is 133% above its 10-year median of 3.00. GuruFocus rates FRA:UJ0 with a GF Score™ of 22/100. The stock has 3 warning signs investors should review. Among 2,508 Metals & Mining companies, West Red Lake Gold Mines ranks better than 95.49% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
West Red Lake Gold Mines has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for West Red Lake Gold Mines's Piotroski F-Score or its related term are showing as below:
FRA:UJ0'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 3 Max: 7
Current: 7
During the past 13 years, the highest Piotroski F-Score of West Red Lake Gold Mines was 7. The lowest was 1. And the median was 3.
West Red Lake Gold Mines (FRA:UJ0) 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.
West Red Lake Gold Mines Piotroski F-Score Related Terms
West Red Lake Gold Mines Piotroski F-Score Historical Data
* 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, West Red Lake Gold Mines'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.
West Red Lake Gold Mines Piotroski F-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West Red Lake Gold Mines's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where West Red Lake Gold Mines'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.
West Red Lake Gold Mines's current Net Income (TTM) was 4.00.
==> Positive ==> Score 1.
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.
Score 1 if positive, 0 if negative.
West Red Lake Gold Mines's current Cash Flow from Operations (TTM) was 28.01.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
West Red Lake Gold Mines's return on assets of this year was 0.03876706. West Red Lake Gold Mines's return on assets of last year was -0.77278988.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
West Red Lake Gold Mines's gearing of this year was 0.45162553. West Red Lake Gold Mines's gearing of last year was 0.5965224.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
West Red Lake Gold Mines's current ratio of this year was 1.05012412. West Red Lake Gold Mines's current ratio of last year was 1.31948229.
==> Last year's current ratio is higher ==> Score 0.
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.
West Red Lake Gold Mines's number of shares in issue this year was 406.958. West Red Lake Gold Mines's number of shares in issue last year was 328.411.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
West Red Lake Gold Mines's gross margin of this year was 0.41682049. West Red Lake Gold Mines's gross margin of last year was -0.14874816.
==> This year's gross margin is higher. ==> Score 1.
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
West Red Lake Gold Mines's asset turnover of this year was 0.86700678. West Red Lake Gold Mines's asset turnover of last year was 0.02055365.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
West Red Lake Gold Mines has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
West Red Lake Gold Mines (FRA:UJ0) has a Piotroski F-Score of 7 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on West Red Lake Gold Mines and its competitors. This is 133% above median its historical median of 3.00. Over the past decade, West Red Lake Gold Mines' Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, West Red Lake Gold Mines ranks #113 out of 2508 companies in the Metals & Mining industry, placing it in the top 4.5%.
Is West Red Lake Gold Mines' Piotroski F-Score too high?
West Red Lake Gold Mines' current Piotroski F-Score of 7 is 133% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Metals & Mining industry median Piotroski F-Score is 3.00. West Red Lake Gold Mines' value of 7 is 133.3% above this industry median. Based on the distribution chart, West Red Lake Gold Mines ranks #113 out of 2508 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, West Red Lake Gold Mines has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does West Red Lake Gold Mines' Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West Red Lake Gold Mines ranks #113 out of 2508 companies for Piotroski F-Score. This places West Red Lake Gold Mines in the top 5% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. West Red Lake Gold Mines' value of 7 is 133.3% above this benchmark. Historically, West Red Lake Gold Mines' own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, West Red Lake Gold Mines 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 2,508 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. West Red Lake Gold Mines's current Piotroski F-Score of 7 is 133.3% 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 West Red Lake Gold Mines 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. West Red Lake Gold Mines's current Piotroski F-Score is 7, which is 133% 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 West Red Lake Gold Mines stock overvalued right now?
West Red Lake Gold Mines (FRA:UJ0) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 133% above median its 10-year median of 3.00 and 133.3% above the Metals & Mining industry median of 3.00. West Red Lake Gold Mines' overall GF Score™ is 22/100 with 3 warning signs to review. 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 West Red Lake Gold Mines (FRA:UJ0), the current Piotroski F-Score is 7 as of Jun. 29, 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.
West Red Lake Gold Mines Ltd operates in one reportable segment, being the acquisition, exploration, and development of gold properties. All of the Company's assets are located in Canada. Its projects include Madsen Mine and the Rowan Project.
22GF Score
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