Wesdome Gold Mines Stock Net Income
| WDO Stock | CAD 26.49 0.51 1.96% |
As of the 26th of February, Wesdome Gold maintains the Downside Deviation of 3.28, mean deviation of 2.41, and Market Risk Adjusted Performance of 0.4597. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wesdome Gold Mines, as well as the relationship between them.
Wesdome Gold Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 4.3308 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 155.8 M | 163.6 M | |
| Net Income From Continuing Ops | 155.8 M | 163.6 M | |
| Net Income Applicable To Common Shares | 155.8 M | 163.6 M | |
| Net Income Per Share | 0.82 | 0.86 | |
| Net Income Per E B T | 0.59 | 0.74 |
Wesdome | Net Income |
Evaluating Wesdome Gold's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Wesdome Gold Mines's fundamental strength.
Latest Wesdome Gold's Net Income Growth Pattern
Below is the plot of the Net Income of Wesdome Gold Mines over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Wesdome Gold Mines financial statement analysis. It represents the amount of money remaining after all of Wesdome Gold Mines operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Wesdome Gold's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wesdome Gold's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 135.47 M | 10 Years Trend |
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Net Income |
| Timeline |
Wesdome Net Income Regression Statistics
| Arithmetic Mean | 37,530,170 | |
| Geometric Mean | 14,927,869 | |
| Coefficient Of Variation | 175.83 | |
| Mean Deviation | 53,248,337 | |
| Median | 7,786,000 | |
| Standard Deviation | 65,988,145 | |
| Sample Variance | 4354.4T | |
| Range | 208.6M | |
| R-Value | 0.73 | |
| Mean Square Error | 2149.9T | |
| R-Squared | 0.54 | |
| Significance | 0.0008 | |
| Slope | 9,577,170 | |
| Total Sum of Squares | 69671T |
Wesdome Net Income History
Wesdome Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Wesdome Gold is extremely important. It helps to project a fair market value of Wesdome Stock properly, considering its historical fundamentals such as Net Income. Since Wesdome Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Wesdome Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Wesdome Gold's interrelated accounts and indicators.
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Wesdome Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Wesdome Gold's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Wesdome Gold.
| 11/28/2025 |
| 02/26/2026 |
If you would invest 0.00 in Wesdome Gold on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Wesdome Gold Mines or generate 0.0% return on investment in Wesdome Gold over 90 days. Wesdome Gold is related to or competes with Centerra Gold, Seabridge Gold, Ero Copper, Allied Gold, Fortuna Silver, Montage Gold, and K92 Mining. Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada More
Wesdome Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Wesdome Gold's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Wesdome Gold Mines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.28 | |||
| Information Ratio | 0.1089 | |||
| Maximum Drawdown | 16.25 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 5.28 |
Wesdome Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wesdome Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wesdome Gold's standard deviation. In reality, there are many statistical measures that can use Wesdome Gold historical prices to predict the future Wesdome Gold's volatility.| Risk Adjusted Performance | 0.1181 | |||
| Jensen Alpha | 0.3453 | |||
| Total Risk Alpha | 0.0372 | |||
| Sortino Ratio | 0.1049 | |||
| Treynor Ratio | 0.4497 |
Wesdome Gold February 26, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1181 | |||
| Market Risk Adjusted Performance | 0.4597 | |||
| Mean Deviation | 2.41 | |||
| Semi Deviation | 3.09 | |||
| Downside Deviation | 3.28 | |||
| Coefficient Of Variation | 697.31 | |||
| Standard Deviation | 3.16 | |||
| Variance | 9.97 | |||
| Information Ratio | 0.1089 | |||
| Jensen Alpha | 0.3453 | |||
| Total Risk Alpha | 0.0372 | |||
| Sortino Ratio | 0.1049 | |||
| Treynor Ratio | 0.4497 | |||
| Maximum Drawdown | 16.25 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 5.28 | |||
| Downside Variance | 10.74 | |||
| Semi Variance | 9.55 | |||
| Expected Short fall | (2.65) | |||
| Skewness | (0.57) | |||
| Kurtosis | 1.13 |
Wesdome Gold Mines Backtested Returns
Wesdome Gold appears to be not too volatile, given 3 months investment horizon. Wesdome Gold Mines shows Sharpe Ratio of 0.0922, which attests that the company had a 0.0922 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wesdome Gold Mines, which you can use to evaluate the volatility of the company. Please utilize Wesdome Gold's Downside Deviation of 3.28, mean deviation of 2.41, and Market Risk Adjusted Performance of 0.4597 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Wesdome Gold holds a performance score of 7. The firm maintains a market beta of 0.98, which attests to possible diversification benefits within a given portfolio. Wesdome Gold returns are very sensitive to returns on the market. As the market goes up or down, Wesdome Gold is expected to follow. Please check Wesdome Gold's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Wesdome Gold's historical returns will revert.
Auto-correlation | -0.46 |
Modest reverse predictability
Wesdome Gold Mines has modest reverse predictability. Overlapping area represents the amount of predictability between Wesdome Gold time series from 28th of November 2025 to 12th of January 2026 and 12th of January 2026 to 26th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Wesdome Gold Mines price movement. The serial correlation of -0.46 indicates that about 46.0% of current Wesdome Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 2.92 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Wesdome Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Wesdome Gold Mines reported net income of 135.47 M. This is 1225.7% lower than that of the Metals & Mining sector and 197.73% lower than that of the Materials industry. The net income for all Canada stocks is 76.27% higher than that of the company.
Wesdome Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wesdome Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wesdome Gold could also be used in its relative valuation, which is a method of valuing Wesdome Gold by comparing valuation metrics of similar companies.Wesdome Gold is currently under evaluation in net income category among its peers.
Wesdome Fundamentals
| Return On Equity | 0.43 | ||||
| Return On Asset | 0.31 | ||||
| Profit Margin | 0.36 % | ||||
| Operating Margin | 0.56 % | ||||
| Current Valuation | 3.14 B | ||||
| Shares Outstanding | 150.97 M | ||||
| Shares Owned By Insiders | 0.15 % | ||||
| Shares Owned By Institutions | 40.65 % | ||||
| Number Of Shares Shorted | 4.16 M | ||||
| Price To Earning | 34.72 X | ||||
| Price To Book | 4.53 X | ||||
| Price To Sales | 4.85 X | ||||
| Revenue | 558.18 M | ||||
| Gross Profit | 566.66 M | ||||
| EBITDA | 307.74 M | ||||
| Net Income | 135.47 M | ||||
| Cash And Equivalents | 33.19 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 881 K | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 2.85 X | ||||
| Book Value Per Share | 5.50 X | ||||
| Cash Flow From Operations | 240.97 M | ||||
| Short Ratio | 3.66 X | ||||
| Earnings Per Share | 1.91 X | ||||
| Target Price | 29.56 | ||||
| Beta | 0.76 | ||||
| Market Capitalization | 3.92 B | ||||
| Total Asset | 746.65 M | ||||
| Retained Earnings | 316.28 M | ||||
| Working Capital | 131.26 M | ||||
| Current Asset | 23.7 M | ||||
| Current Liabilities | 11.2 M | ||||
| Net Asset | 746.65 M |
About Wesdome Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wesdome Gold Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wesdome Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wesdome Gold Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Wesdome Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wesdome Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wesdome Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Wesdome Stock
The ability to find closely correlated positions to Wesdome Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wesdome Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wesdome Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wesdome Gold Mines to buy it.
The correlation of Wesdome Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wesdome Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wesdome Gold Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wesdome Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.