Wesdome Gold Mines Stock Fundamentals

WDOFF Stock  USD 8.62  0.05  0.58%   
Wesdome Gold Mines fundamentals help investors to digest information that contributes to Wesdome Gold's financial success or failures. It also enables traders to predict the movement of Wesdome OTC Stock. The fundamental analysis module provides a way to measure Wesdome Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Wesdome Gold otc stock.
  
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Wesdome Gold Mines OTC Stock Shares Outstanding Analysis

Wesdome Gold's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Wesdome Gold Shares Outstanding

    
  142.49 M  
Most of Wesdome Gold's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Wesdome Gold Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, Wesdome Gold Mines has 142.49 M of shares currently outstending. This is 76.8% lower than that of the Metals & Mining sector and 60.44% lower than that of the Materials industry. The shares outstanding for all United States stocks is 75.08% higher than that of the company.

Wesdome Gold Mines Fundamental Drivers 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 first in return on equity category among its peers. It is rated first 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 Shares Outstanding 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 Shares Outstanding to detect undervalued stocks with similar characteristics or determine the otc 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 shares outstanding category among its peers.

Wesdome Fundamentals

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 otc stock, 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.
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.

Currently Active Assets on Macroaxis

Other Information on Investing in Wesdome OTC Stock

Wesdome Gold financial ratios help investors to determine whether Wesdome OTC 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.