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WDO

Wesdome Gold MinesTSX:WDO Stock Report

Last Price

CA$10.97

Market Cap

CA$1.6b

7D

1.5%

1Y

18.6%

Updated

16 Jan, 2022

Data

Company Financials +
WDO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends0/6

WDO Stock Overview

Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Wesdome Gold Mines
Historical stock prices
Current Share PriceCA$10.97
52 Week HighCA$13.52
52 Week LowCA$7.78
Beta0.73
1 Month Change-0.27%
3 Month Change-2.49%
1 Year Change18.60%
3 Year Change156.91%
5 Year Change344.13%
Change since IPO568.90%

Recent News & Updates

Jan 14
Wesdome Gold Mines (TSE:WDO) Is Doing The Right Things To Multiply Its Share Price

Wesdome Gold Mines (TSE:WDO) Is Doing The Right Things To Multiply Its Share Price

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...

Dec 09
Here's Why I Think Wesdome Gold Mines (TSE:WDO) Might Deserve Your Attention Today

Here's Why I Think Wesdome Gold Mines (TSE:WDO) Might Deserve Your Attention Today

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

WDOCA Metals and MiningCA Market
7D1.5%3.6%1.4%
1Y18.6%0.8%19.1%

Return vs Industry: WDO exceeded the Canadian Metals and Mining industry which returned 0.8% over the past year.

Return vs Market: WDO matched the Canadian Market which returned 19.1% over the past year.

Price Volatility

Is WDO's price volatile compared to industry and market?
WDO volatility
WDO Average Weekly Movement5.0%
Metals and Mining Industry Average Movement10.5%
Market Average Movement9.7%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.7%

Stable Share Price: WDO is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: WDO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1976n/aDuncan Middlemisshttps://www.wesdome.com

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’s principal assets include the Eagle River Mine, which consists of 3 contiguous mining leases and 442 contiguous active mining claims covering an area of 7,958 hectares; the Mishi Mine that consists of 19 patented mining claims, 5 mining leases, and 5 staked claims covering an area of 3,055 hectares; and the Eagle River Mill located near Wawa, Ontario, as well as the Kiena Mining and Milling Complex and exploration properties located in Val D’Or, Quebec.

Wesdome Gold Mines Fundamentals Summary

How do Wesdome Gold Mines's earnings and revenue compare to its market cap?
WDO fundamental statistics
Market CapCA$1.55b
Earnings (TTM)CA$118.75m
Revenue (TTM)CA$225.76m

13.1x

P/E Ratio

6.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WDO income statement (TTM)
RevenueCA$225.76m
Cost of RevenueCA$134.78m
Gross ProfitCA$90.98m
Expenses-CA$27.76m
EarningsCA$118.75m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.84
Gross Margin40.30%
Net Profit Margin52.60%
Debt/Equity Ratio0%

How did WDO perform over the long term?

See historical performance and comparison

Valuation

Is Wesdome Gold Mines undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WDO (CA$10.97) is trading below our estimate of fair value (CA$45.81)

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 (13.1x) compared to the Canadian Metals and Mining industry average (10.2x).

PE vs Market: WDO's PE Ratio (13.1x) is in line with the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: WDO is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: WDO is overvalued based on its PB Ratio (4.1x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

How is Wesdome Gold Mines forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

13.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WDO's forecast earnings growth (13.2% per year) is above the savings rate (1.6%).

Earnings vs Market: WDO's earnings (13.2% per year) are forecast to grow faster than the Canadian market (11% per year).

High Growth Earnings: WDO's earnings are forecast to grow, but not significantly.

Revenue vs Market: WDO's revenue (19.7% per year) is forecast to grow faster than the Canadian market (5.5% per year).

High Growth Revenue: WDO's revenue (19.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WDO's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Wesdome Gold Mines performed over the past 5 years?

56.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WDO has a high level of non-cash earnings.

Growing Profit Margin: WDO's current net profit margins (52.6%) are higher than last year (25.8%).


Past Earnings Growth Analysis

Earnings Trend: WDO's earnings have grown significantly by 56.6% per year over the past 5 years.

Accelerating Growth: WDO's earnings growth over the past year (118.7%) exceeds its 5-year average (56.6% per year).

Earnings vs Industry: WDO earnings growth over the past year (118.7%) exceeded the Metals and Mining industry 93.2%.


Return on Equity

High ROE: WDO's Return on Equity (31.4%) is considered high.


Financial Health

How is Wesdome Gold Mines's financial position?


Financial Position Analysis

Short Term Liabilities: WDO's short term assets (CA$104.9M) exceed its short term liabilities (CA$49.3M).

Long Term Liabilities: WDO's short term assets (CA$104.9M) exceed its long term liabilities (CA$104.8M).


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 5.5%.

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.


Balance Sheet


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Duncan Middlemiss (59 yo)

5.42yrs

Tenure

CA$1,928,166

Compensation

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 ($USD1.54M) is about average for companies of similar size in the Canadian market ($USD1.91M).

Compensation vs Earnings: Duncan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: WDO's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: WDO's board of directors are considered experienced (4.6 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wesdome Gold Mines Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Wesdome Gold Mines Ltd.
  • Ticker: WDO
  • Exchange: TSX
  • Founded: 1976
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$1.554b
  • Shares outstanding: 141.63m
  • Website: https://www.wesdome.com

Number of Employees


Location

  • Wesdome Gold Mines Ltd.
  • 220 Bay Street
  • Suite 1200
  • Toronto
  • Ontario
  • M5J 2W4
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:28
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.