WEST RED LAKE GOLD MINES Total Assets
WEST RED LAKE GOLD MINES total assets. Based on the latest financial reports, WEST RED LAKE GOLD MINES (UJ0) holds total assets worth €273.80 Million EUR (≈ $320.10 Million USD) as of November 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see how much is WEST RED LAKE GOLD MINES worth for the company's overall valuation and market capitalisation.
Total Assets of WEST RED LAKE GOLD MINES (2021–2025)
Total assets of WEST RED LAKE GOLD MINES from 2021 to 2025. This chart illustrates how WEST RED LAKE GOLD MINES's total assets have evolved over time, based on quarterly financial data. See WEST RED LAKE GOLD MINES stock quote for real-time trading data and today's change.
WEST RED LAKE GOLD MINES - Asset Composition Analysis
WEST RED LAKE GOLD MINES Total Assets Breakdown (November 2025)
WEST RED LAKE GOLD MINES total assets breakdown as of November 2025. WEST RED LAKE GOLD MINES's total assets of €273.80 Million consist of 21.7% current assets and 78.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 15.5% |
| Accounts Receivable | €6.07 Million | 2.2% |
| Inventory | €7.89 Million | 2.9% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how WEST RED LAKE GOLD MINES's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore how liquid is WEST RED LAKE GOLD MINES's working capital to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: WEST RED LAKE GOLD MINES's current assets represent 21.7% of total assets in 2025, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 15.5% of total assets in 2025, down from 99.9% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is inventory at 2.9% of total assets.
WEST RED LAKE GOLD MINES Competitors by Total Assets
Key competitors of WEST RED LAKE GOLD MINES based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Franco-Nevada Corporation
TO:FNV
|
Canada | CA$8.91 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Kinross Gold Corp
TO:K
|
Canada | CA$12.88 Billion |
|
AURA MINERALS INC. O.N.
F:A531
|
Germany | €1.61 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$3.60 Billion |
|
Predictive Discovery Ltd
AU:PDI
|
Australia | AU$220.93 Million |
|
Westgold Resources Ltd
AU:WGX
|
Australia | AU$3.82 Billion |
|
Equinox Gold Corp
TO:EQX
|
Canada | CA$9.66 Billion |
WEST RED LAKE GOLD MINES - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.18 | 1.99 | 5.28 |
| Quick Ratio | 1.02 | 1.93 | 5.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €8.90 Million | €14.78 Million | €40.71 Million |
WEST RED LAKE GOLD MINES - Advanced Valuation Insights
This section examines the relationship between WEST RED LAKE GOLD MINES's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.94 |
| Latest Market Cap to Assets Ratio | 0.57 |
| Asset Growth Rate (YoY) | 179.3% |
| Total Assets | €273.80 Million |
| Market Capitalization | $156.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values WEST RED LAKE GOLD MINES's assets below their book value (0.57x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: WEST RED LAKE GOLD MINES's assets grew by 179.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for WEST RED LAKE GOLD MINES (2021–2025)
The table below shows the annual total assets of WEST RED LAKE GOLD MINES from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-11-30 | €273.80 Million ≈ $320.10 Million |
+179.35% |
| 2023-11-30 | €98.01 Million ≈ $114.59 Million |
+5171.04% |
| 2022-11-30 | €1.86 Million ≈ $2.17 Million |
-7.94% |
| 2021-11-30 | €2.02 Million ≈ $2.36 Million |
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About WEST RED LAKE GOLD MINES
West Red Lake Gold Mines Ltd. acquires, explores, evaluates, and develops gold properties in Canada. It holds interests in the Rowan property with 146 claims covering 3,100 hectares located in the Red Lake gold district of Northwestern Ontario, Canada. The company was formerly known as DLV Resources Ltd. and changed its name to West Red Lake Gold Mines Ltd. in December 2022. West Red Lake Gold Mi… Read more