Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. More Details
No risks detected for WDO from our risk checks.
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Wesdome Gold Mines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WDO is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: WDO's weekly volatility (6%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: WDO underperformed the Canadian Metals and Mining industry which returned 39% over the past year.
Return vs Market: WDO underperformed the Canadian Market which returned 39.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Wesdome Gold Mines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWesdome Gold Mines Ltd. (TSE:WDO) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
1 month ago | Simply Wall StShould You Invest In Wesdome Gold Mines (TSE:WDO)?
1 month ago | Simply Wall StAre Investors Undervaluing Wesdome Gold Mines Ltd. (TSE:WDO) By 48%?
Is Wesdome Gold Mines undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WDO (CA$9.55) is trading below our estimate of fair value (CA$16.65)
Significantly Below Fair Value: WDO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WDO is poor value based on its PE Ratio (26.2x) compared to the CA Metals and Mining industry average (18.4x).
PE vs Market: WDO is poor value based on its PE Ratio (26.2x) compared to the Canadian market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: WDO is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: WDO is overvalued based on its PB Ratio (5.1x) compared to the CA Metals and Mining industry average (2.9x).
How is Wesdome Gold Mines forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WDO's forecast earnings growth (15.8% per year) is above the savings rate (1.5%).
Earnings vs Market: WDO's earnings (15.8% per year) are forecast to grow slower than the Canadian market (21.7% per year).
High Growth Earnings: WDO's earnings are forecast to grow, but not significantly.
Revenue vs Market: WDO's revenue (13.2% per year) is forecast to grow faster than the Canadian market (7.2% per year).
High Growth Revenue: WDO's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WDO's Return on Equity is forecast to be high in 3 years time (35%)
How has Wesdome Gold Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WDO has high quality earnings.
Growing Profit Margin: WDO's current net profit margins (23.5%) are lower than last year (25%).
Past Earnings Growth Analysis
Earnings Trend: WDO has become profitable over the past 5 years, growing earnings by 59.3% per year.
Accelerating Growth: WDO's earnings growth over the past year (23.7%) is below its 5-year average (59.3% per year).
Earnings vs Industry: WDO earnings growth over the past year (23.7%) underperformed the Metals and Mining industry 74.3%.
Return on Equity
High ROE: WDO's Return on Equity (19.3%) is considered low.
How is Wesdome Gold Mines's financial position?
Financial Position Analysis
Short Term Liabilities: WDO's short term assets (CA$84.9M) exceed its short term liabilities (CA$30.5M).
Long Term Liabilities: WDO's short term assets (CA$84.9M) exceed its long term liabilities (CA$65.2M).
Debt to Equity History and Analysis
Debt Level: WDO is debt free.
Reducing Debt: WDO has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.
Debt Coverage: WDO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WDO has no debt, therefore coverage of interest payments is not a concern.
What is Wesdome Gold Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WDO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WDO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WDO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WDO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: WDO is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WDO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Duncan Middlemiss (58 yo)
Mr. Duncan Middlemiss, P.Eng., serves as Director of Barolo Ventures Corp. since November 25, 2020. He has been the Chief Executive Officer and President of Wesdome Gold Mines Ltd. since August 15, 2016. M...
CEO Compensation Analysis
Compensation vs Market: Duncan's total compensation ($USD1.71M) is above average for companies of similar size in the Canadian market ($USD1.17M).
Compensation vs Earnings: Duncan's compensation has increased by more than 20% in the past year.
Experienced Management: WDO's management team is considered experienced (4.3 years average tenure).
Experienced Board: WDO's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wesdome Gold Mines Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Wesdome Gold Mines Ltd.
- Ticker: WDO
- Exchange: TSX
- Founded: 1976
- Industry: Gold
- Sector: Materials
- Market Cap: CA$1.332b
- Shares outstanding: 139.43m
- Website: https://www.wesdome.com
Number of Employees
- Wesdome Gold Mines Ltd.
- 220 Bay Street
- Suite 1200
- M5J 2W4
Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. It principally produces gold in the form of doré bars; and silver as a by-product. The company...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/11 22:52|
|End of Day Share Price||2021/04/09 00:00|
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 here.