Wesdome Gold Financials
| WDOFF Stock | USD 8.52 0.01 0.12% |
With this module, you can analyze Wesdome financials for your investing period. You should be able to track the changes in Wesdome Gold individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Wesdome |
Understanding current and past Wesdome Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Wesdome Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Wesdome Gold's assets may result in an increase in income on the income statement.
The data published in Wesdome Gold's official financial statements typically reflect Wesdome Gold's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Wesdome Gold's quantitative information. For example, before you start analyzing numbers published by Wesdome accountants, it's essential to understand Wesdome Gold's liquidity, profitability, and earnings quality within the context of the Metals & Mining space in which it operates.
Wesdome Gold Stock Summary
Wesdome Gold competes with Victoria Gold, Cassiar Gold, Liberty Gold, I 80, and K92 Mining. Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. The companys properties include the Eagle River Complex that consists of the Eagle River Mine, the Mishi Mine, and the Eagle River Mill located in Wawa, Ontario and the Kiena Mine Complex, which includes the Kiena Mine concession and Kiena Mill situated in Val-dOr, Qubec. Wesdome Gold operates under Gold classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| Business Address | 220 Bay Street, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.wesdome.com |
| Phone | 416 360 3743 |
| Currency | USD - US Dollar |
Wesdome Gold Key Financial Ratios
There are many critical financial ratios that Wesdome Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Wesdome Gold Mines reports annually and quarterly.| Return On Equity | 0.0354 | |||
| Return On Asset | 0.0663 | |||
| Number Of Employees | 19 | |||
| Beta | 0.63 | |||
| Z Score | 31.8 |
Wesdome Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wesdome Gold's current stock value. Our valuation model uses many indicators to compare Wesdome Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wesdome Gold competition to find correlations between indicators driving Wesdome Gold's intrinsic value. More Info.Wesdome Gold Mines is rated third in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 1.87 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Wesdome Gold's earnings, one of the primary drivers of an investment's value.Wesdome Gold Mines Systematic Risk
Wesdome Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Wesdome Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Wesdome Gold Mines correlated with the market. If Beta is less than 0 Wesdome Gold generally moves in the opposite direction as compared to the market. If Wesdome Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wesdome Gold Mines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wesdome Gold is generally in the same direction as the market. If Beta > 1 Wesdome Gold moves generally in the same direction as, but more than the movement of the benchmark.
Wesdome Gold Thematic Clasifications
Wesdome Gold Mines is part of Gold and Gold Mining investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products
This theme covers Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. Get More Thematic Ideas
| Gold and Gold Mining | View |
Wesdome Gold November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Wesdome Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Wesdome Gold Mines. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wesdome Gold Mines based on widely used predictive technical indicators. In general, we focus on analyzing Wesdome OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wesdome Gold's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.33 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 4.71 |
Complementary Tools for Wesdome OTC Stock analysis
When running Wesdome Gold's price analysis, check to measure Wesdome Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wesdome Gold is operating at the current time. Most of Wesdome Gold's value examination focuses on studying past and present price action to predict the probability of Wesdome Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wesdome Gold's price. Additionally, you may evaluate how the addition of Wesdome Gold to your portfolios can decrease your overall portfolio volatility.
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