West Red Lake Gold Mines Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, West Red Lake Gold Mines stock has a consensus rating of "Buy" and an average price target of $1.78. The average 1-year stock price forecast is 173.85% higher than the current stock price, while the lowest is $1.00 (+53.85%) and the highest is $2.20 (+238.46%).

Price Target: $1.78 (+173.85%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$1.00	$1.78	$2.15	$2.20
Change	+53.85%	+173.85%	+230.77%	+238.46%

* Price targets were last updated on Apr 24, 2026.

Analyst Ratings

The average analyst rating for West Red Lake Gold Mines stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	3	3	2	2
Buy	1	1	1	1	0	0
Hold	0	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Craig Stanley Raymond James	Raymond James	Hold Downgrades $2.00 → $1.00	Hold	Downgrades	$2.00 → $1.00	+53.85%	Apr 24, 2026

Financial Forecast

Revenue This Year

206.45M

from 103.44M

99.59%

from 103.44M

Revenue Next Year

296.77M

from 206.45M

43.75%

from 206.45M

EPS This Year

0.05

from -

EPS Next Year

0.25

from 0.05

400.00%

from 0.05

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2021	Sep 30, 2022	Nov 30, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	103.44M	206.45M
Revenue Growth	-	-	-	-	-	99.59%
Operating Income	-1.05M	-518.98K	-32.25M	-96.60M	23.40M	24.80M
Net Income	-1.58M	-591.36K	-32.51M	-106.88M	501.00K	78.60M
EPS	-	-	-	-	-	0.05
Forward PE	-	-	-	-	-	13.00
Free Cash Flow	-1.79M	587.51K	-	-	-60.36M	53.30M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	214.0M
Avg	206.5M
Low	198.9M

Revenue Growth

Revenue Growth	2026	2027	2028
High	106.9%
Avg	99.6%
Low	92.3%

EPS Forecast

EPS	2026	2027	2028
High	0.05
Avg	0.05
Low	0.05

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-