Loading...
WDO logo

Wesdome Gold Mines Ltd.TSX:WDO Stock Report

Market Cap CA$4.1b
Share Price
CA$27.97
CA$29.56
5.4% undervalued intrinsic discount
1Y53.4%
7D6.2%
1D
Portfolio Value
View

Wesdome Gold Mines Ltd.

TSX:WDO Stock Report

Market Cap: CA$4.1b

Wesdome Gold Mines (WDO) Stock Overview

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. More details

WDO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends0/6

WDO Community Fair Values

Create Narrative

See what 57 others think this stock is worth. Follow their fair value or set your own to get alerts.

Wesdome Gold Mines Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wesdome Gold Mines
Historical stock prices
Current Share PriceCA$27.97
52 Week HighCA$30.98
52 Week LowCA$15.94
Beta0.90
1 Month Change17.52%
3 Month Change2.53%
1 Year Change53.43%
3 Year Change260.44%
5 Year Change136.23%
Change since IPO1,605.49%

Recent News & Updates

Recent updates

Narrative Update Mar 10

WDO: 2026 Exploration And Kiena Advancements Will Support Future Upside Potential

Analysts have lifted their average price target on Wesdome Gold Mines by CA$4 to reflect updated expectations around revenue growth, profitability, and a lower future P/E multiple, even as one firm recently moved to a more cautious rating. Analyst Commentary Recent research on Wesdome Gold Mines reflects a mixed but generally constructive tone, with some firms lifting price targets while another has shifted to a more cautious stance.
Narrative Update Feb 24

WDO: 2026 Exploration Program And Execution Will Support Future Upside Potential

Analysts have slightly raised their fair value estimate for Wesdome Gold Mines from CA$29.25 to about CA$29.56, citing recent CA$4 price target increases from multiple firms along with updated assumptions for growth, margins and future P/E. Analyst Commentary Recent research has been mixed, with some bullish analysts lifting their price targets for Wesdome Gold Mines by CA$4 while at least one bearish analyst has stepped back with a downgrade.
Narrative Update Feb 09

WDO: Expanded 2026 Exploration Program And Execution Will Drive Future Upside

Analysts have nudged their price targets for Wesdome Gold Mines higher, with a C$4 increase from one firm aligning with updated assumptions around a fair value of about $29.25, modestly higher revenue growth and profit margin expectations, and a slightly lower future P/E multiple despite a recent downgrade from another broker. Analyst Commentary Bullish Takeaways Bullish analysts point to the updated fair value estimate of about $29.25 as support for a higher price target, suggesting that current assumptions leave room for execution on existing assets rather than relying on new growth drivers.
Narrative Update Jan 26

WDO: Exploration Plans And Execution Risks Will Shape Balanced Future Upside

Wesdome Gold Mines’ fair value estimate has shifted from about $27.67 to $28.56 as analysts factor in updated assumptions for discount rates, revenue growth, profit margins and a higher future P/E multiple following recent research. Analyst Commentary Recent research on Wesdome Gold Mines links the updated fair value range to fresh views on how reliably the company can execute against its plans, and what multiple the market may be willing to pay for those earnings over time.
Narrative Update Jan 11

WDO: Higher Production, Exploration Success And Buybacks Will Support Future Upside

Analysts kept their fair value estimate for Wesdome Gold Mines unchanged at $27.67, citing only very small tweaks to their discount rate, revenue growth outlook, profit margin assumptions and future P/E input that were not large enough to shift the overall target. What's in the News Updated 2025 production guidance with consolidated output now expected between 177,000 and 193,000 ounces of gold, compared with previous guidance of 185,000 to 205,000 ounces, alongside revised cost ranges for the Kiena Mine Complex.
Analysis Article Jan 06

Is Now The Time To Put Wesdome Gold Mines (TSE:WDO) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Dec 23

WDO: Future Gold And Silver Price Strength Will Drive Stronger Returns

Analysts have nudged their average price target on Wesdome Gold Mines higher, from approximately C$26.61 to about C$27.67. They cite improved long term gold and silver price forecasts that support slightly stronger revenue growth expectations, despite modestly lower margin and higher valuation assumptions.
Narrative Update Dec 09

WDO: Higher Long Term Gold Prices Will Drive Stronger Returns

Analysts nudged their average price target on Wesdome Gold Mines higher to C$27 from C$24, citing stronger long term gold and silver price assumptions and modestly improved profitability expectations as key drivers. Analyst Commentary Recent target price revisions reflect shifting expectations around precious metal pricing and Wesdome Gold Mines' ability to translate higher commodity prices into sustainable cash flow growth.
Narrative Update Nov 25

WDO: Higher Gold And Silver Prices Will Drive Stronger Returns Ahead

Wesdome Gold Mines’ analyst price target has increased from C$24 to C$27. Analysts adjusted their outlook to account for higher gold and silver price forecasts and recent sector performance.
Narrative Update Nov 11

WDO: Higher Gold Price Forecasts Will Drive Upside Despite Guidance Risks

Wesdome Gold Mines’ analyst price target has increased from approximately C$25.28 to C$26.61. Analysts cite higher gold price forecasts and improved sector sentiment, despite some concerns around future guidance and costs.
Narrative Update Oct 17

Eagle River And Kiena Improvements Will Secure Reliable Mining Production

Wesdome Gold Mines’ analyst price target has increased from $23.84 to $25.28. Analysts cite revised gold price forecasts and recent sector performance as key factors supporting the upward adjustment.
Analysis Article Oct 17

Optimistic Investors Push Wesdome Gold Mines Ltd. (TSE:WDO) Shares Up 33% But Growth Is Lacking

Despite an already strong run, Wesdome Gold Mines Ltd. ( TSE:WDO ) shares have been powering on, with a gain of 33% in...
Narrative Update Oct 03

Eagle River And Kiena Improvements Will Secure Reliable Mining Production

Analysts have increased their price target for Wesdome Gold Mines to approximately C$23.84 from C$22.53. They cite upward revisions in gold price forecasts and expectations for stronger revenue growth, even though production guidance has become more cautious.
Analysis Article Aug 12

Wesdome Gold Mines (TSE:WDO) Is Achieving High Returns On Its Capital

TSX:WDO 1 Year Share Price vs Fair Value Explore Wesdome Gold Mines's Fair Values from the Community and select yours...
Analysis Article Jun 02

Is Now The Time To Put Wesdome Gold Mines (TSE:WDO) On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Apr 12

We Like Wesdome Gold Mines' (TSE:WDO) Returns And Here's How They're Trending

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
User avatar
New Narrative Mar 18

Exploration At Kiena And Eagle River Will Lead To Significant Resource Expansion

Strategic operational transitions and improved production techniques aim to enhance efficiency, reduce costs, and potentially boost net margins.
Analysis Article Feb 17

Pinning Down Wesdome Gold Mines Ltd.'s (TSE:WDO) P/S Is Difficult Right Now

When you see that almost half of the companies in the Metals and Mining industry in Canada have price-to-sales ratios...
Analysis Article Dec 25

A Look Into Wesdome Gold Mines' (TSE:WDO) Impressive Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Oct 23

Wesdome Gold Mines Ltd.'s (TSE:WDO) Shareholders Might Be Looking For Exit

Wesdome Gold Mines Ltd.'s ( TSE:WDO ) price-to-sales (or "P/S") ratio of 5x might make it look like a sell right now...
Analysis Article Sep 09

There Are Reasons To Feel Uneasy About Wesdome Gold Mines' (TSE:WDO) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Aug 17

Analysts Have Made A Financial Statement On Wesdome Gold Mines Ltd.'s (TSE:WDO) Second-Quarter Report

Investors in Wesdome Gold Mines Ltd. ( TSE:WDO ) had a good week, as its shares rose 6.7% to close at CA$13.91...
Analysis Article Jun 13

Is Wesdome Gold Mines (TSE:WDO) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 30

Why Investors Shouldn't Be Surprised By Wesdome Gold Mines Ltd.'s (TSE:WDO) P/S

Wesdome Gold Mines Ltd.'s ( TSE:WDO ) price-to-sales (or "P/S") ratio of 4.9x may not look like an appealing investment...

Shareholder Returns

WDOCA Metals and MiningCA Market
7D6.2%6.5%0.4%
1Y53.4%95.3%32.9%

Return vs Industry: WDO underperformed the Canadian Metals and Mining industry which returned 95.3% over the past year.

Return vs Market: WDO exceeded the Canadian Market which returned 32.9% over the past year.

Price Volatility

Is WDO's price volatile compared to industry and market?
WDO volatility
WDO Average Weekly Movement8.7%
Metals and Mining Industry Average Movement11.6%
Market Average Movement10.2%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.8%

Stable Share Price: WDO has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: WDO's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1945739Anthea Bathwww.wesdome.com

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. The company operates through Eagle River and Kiena segments. It holds 100% interest in the Eagle River Mine consisting of 3 contiguous mining leases and 189 contiguous active mining claims covering an area of approximately 886 hectares located in Wawa, Ontario; and the Kiena Mine in Val d’or, Québec.

Wesdome Gold Mines Ltd. Fundamentals Summary

How do Wesdome Gold Mines's earnings and revenue compare to its market cap?
WDO fundamental statistics
Market capCA$4.15b
Earnings (TTM)CA$405.90m
Revenue (TTM)CA$1.03b
10.2x
P/E Ratio
4.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WDO income statement (TTM)
RevenueCA$1.03b
Cost of RevenueCA$275.56m
Gross ProfitCA$750.94m
Other ExpensesCA$345.04m
EarningsCA$405.90m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.74
Gross Margin73.16%
Net Profit Margin39.54%
Debt/Equity Ratio0%

How did WDO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 01:04
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Wesdome Gold Mines Ltd. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew MikitchookBMO Capital Markets Equity Research
Carey MacRuryCanaccord Genuity
Jeremy HoyCanaccord Genuity