Wesdome Gold Mines Stock Price on October 16, 2024
| WDO Stock | CAD 12.05 0.05 0.42% |
Below is the normalized historical share price chart for Wesdome Gold Mines extending back to December 18, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wesdome Gold stands at 12.05, as last reported on the 27th of November, with the highest price reaching 12.05 and the lowest price hitting 11.68 during the day.
If you're considering investing in Wesdome Stock, it is important to understand the factors that can impact its price. Wesdome Gold Mines shows Sharpe Ratio of -0.0559, which attests that the company had a -0.0559% return per unit of risk over the last 3 months. Wesdome Gold Mines exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wesdome Gold's Standard Deviation of 2.42, market risk adjusted performance of (0.36), and Mean Deviation of 1.81 to validate the risk estimate we provide.
At this time, Wesdome Gold's Total Stockholder Equity is very stable compared to the past year. As of the 27th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 649.9 M, while Common Stock Shares Outstanding is likely to drop about 87.7 M. . At this time, Wesdome Gold's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 27th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 3,746, while Price To Sales Ratio is likely to drop 3.25. Wesdome Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.5868 | 50 Day MA 12.5002 | Beta 0.9 |
Wesdome |
Sharpe Ratio = -0.0559
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| Negative Returns | WDO |
Estimated Market Risk
| 2.48 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wesdome Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wesdome Gold by adding Wesdome Gold to a well-diversified portfolio.
Price Book 3.5293 | Enterprise Value Ebitda 7.4891 | Price Sales 3.7641 | Shares Float 149.6 M | Wall Street Target Price 15.8929 |
Wesdome Gold Valuation on October 16, 2024
It is possible to determine the worth of Wesdome Gold on a given historical date. On October 16, 2024 Wesdome was worth 12.7 at the beginning of the trading date compared to the closed value of 12.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wesdome Gold stock. Still, in general, we apply an absolute valuation method to find Wesdome Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wesdome Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wesdome Gold's related companies.
| Open | High | Low | Close | Volume | |
| 12.44 | 12.64 | 12.34 | 12.55 | 897,742 | |
10/16/2024 | 12.70 | 12.85 | 12.55 | 12.65 | 699,645 |
| 12.72 | 13.04 | 12.65 | 12.87 | 540,519 |
| Backtest Wesdome Gold | | | Wesdome Gold History | | | Wesdome Gold Valuation | Previous | Next |
Wesdome Gold Trading Date Momentum on October 16, 2024
| On October 17 2024 Wesdome Gold Mines was traded for 12.87 at the closing time. The maximum traded price for the trading interval was 13.04 and the lowest daily price was 12.65 . The daily volume was recorded at 540.5 K. The volume of trading on 17th of October 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 1.74% . The trading price change to the closing price today is 0.47% . |
Wesdome Gold Mines Fundamentals Correlations and Trends
By evaluating Wesdome Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wesdome Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wesdome financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wesdome Gold Stock history
Wesdome Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wesdome is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wesdome Gold Mines will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wesdome Gold stock prices may prove useful in developing a viable investing in Wesdome Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 147.6 M | 87.7 M | |
| Net Loss | -16.9 M | -16.1 M |
Wesdome Gold Stock Technical Analysis
Wesdome Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Wesdome Gold Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Wesdome Gold Mines cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Wesdome Gold November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Wesdome Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wesdome Gold shares will generate the highest return on investment. By undertsting and applying Wesdome Gold stock market strength indicators, traders can identify Wesdome Gold Mines entry and exit signals to maximize returns
Wesdome Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wesdome Gold's price direction in advance. Along with the technical and fundamental analysis of Wesdome Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wesdome to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.37) |
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Other Information on Investing in Wesdome Stock
Wesdome Gold financial ratios help investors to determine whether Wesdome Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wesdome with respect to the benefits of owning Wesdome Gold security.