As of 2026-03-23, the Relative Valuation of West Red Lake Gold Mines Inc (RLG.CN) is (0.07) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 0.04 CAD, the upside of West Red Lake Gold Mines Inc based on Relative Valuation is -282.8%.
The range of the Relative Valuation is (0.07) - (0.05) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 10.3x - 10.6x | 10.4x |
| Forward P/E multiples | 14.1x - 25.6x | 19.8x |
| Fair Price | (0.07) - (0.05) | (0.07) |
| Upside | -269.6% - -227.9% | -282.8% |
| Date | P/E |