Wesdome Gold Mines Stock Analysis

WDO Stock  CAD 12.09  0.08  0.67%   
Wesdome Gold Mines is fairly valued with Real Value of 12.36 and Hype Value of 12.09. The main objective of Wesdome Gold stock analysis is to determine its intrinsic value, which is an estimate of what Wesdome Gold Mines is worth, separate from its market price. There are two main types of Wesdome Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Wesdome Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Wesdome Gold's stock to identify patterns and trends that may indicate its future price movements.
The Wesdome Gold stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Wesdome Gold is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Wesdome Stock trading window is adjusted to America/Toronto timezone.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wesdome Gold Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Wesdome Stock Analysis Notes

About 47.0% of the company outstanding shares are owned by institutional investors. The book value of Wesdome Gold was at this time reported as 3.43. The company last dividend was issued on the 13th of April 2011. Wesdome Gold Mines had 1:1.538 split on the 6th of February 2006. Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. Wesdome Gold Mines Ltd. was founded in 1976 and is headquartered in Toronto, Canada. WESDOME GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 301 people. For more information please call Duncan Middlemiss at 416 360 3743 or visit https://www.wesdome.com.

Wesdome Gold Quarterly Total Revenue

146.85 Million

Wesdome Gold Mines Investment Alerts

Wesdome Gold Mines generated a negative expected return over the last 90 days
The company reported the revenue of 333.17 M. Net Loss for the year was (6.19 M) with profit before overhead, payroll, taxes, and interest of 47.8 M.
Latest headline from news.google.com: National Bank Financial Comments on TSEWDO Q4 Earnings - MarketBeat

Wesdome Largest EPS Surprises

Earnings surprises can significantly impact Wesdome Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-08-11
2016-06-300.010.01440.004444 
2012-05-14
2012-03-31-0.01-0.00260.007474 
2013-08-06
2013-06-300.015.0E-4-0.009595 
View All Earnings Estimates

Wesdome Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wesdome Gold's market, we take the total number of its shares issued and multiply it by Wesdome Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Wesdome Profitablity

Wesdome Gold's profitability indicators refer to fundamental financial ratios that showcase Wesdome Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Wesdome Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Wesdome Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Wesdome Gold's profitability requires more research than a typical breakdown of Wesdome Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.17 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.4 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.4.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.01)(0.01)
Return On Capital Employed 0.01  0.01 
Return On Assets(0.01)(0.01)
Return On Equity(0.01)(0.02)

Management Efficiency

Wesdome Gold Mines has return on total asset (ROA) of 0.1287 % which means that it generated a profit of $0.1287 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1733 %, meaning that it generated $0.1733 on every $100 dollars invested by stockholders. Wesdome Gold's management efficiency ratios could be used to measure how well Wesdome Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Capital Employed is likely to grow to 0.01, while Return On Tangible Assets are likely to drop (0.01). At this time, Wesdome Gold's Debt To Assets are very stable compared to the past year.
Last ReportedProjected for Next Year
Book Value Per Share 2.89  3.04 
Tangible Book Value Per Share 2.89  3.04 
Enterprise Value Over EBITDA 11.84  12.43 
Price Book Value Ratio 2.66  1.77 
Enterprise Value Multiple 11.84  12.43 
Price Fair Value 2.66  1.77 
Enterprise Value225.1 M236.4 M
Leadership effectiveness at Wesdome Gold Mines is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin
0.3979
Profit Margin
0.1701
Beta
0.9
Return On Assets
0.1287
Return On Equity
0.1733

Technical Drivers

As of the 23rd of November, Wesdome Gold maintains the Standard Deviation of 2.45, mean deviation of 1.84, and Market Risk Adjusted Performance of (0.67). 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 Mines Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Wesdome Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Wesdome Gold Mines. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Wesdome Gold Outstanding Bonds

Wesdome Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Wesdome Gold Mines uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Wesdome bonds can be classified according to their maturity, which is the date when Wesdome Gold Mines has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Wesdome Gold Predictive Daily Indicators

Wesdome Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Wesdome Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Wesdome Gold Forecast Models

Wesdome Gold's time-series forecasting models are one of many Wesdome Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Wesdome Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Wesdome Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Wesdome Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Wesdome shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Wesdome Gold. By using and applying Wesdome Stock analysis, traders can create a robust methodology for identifying Wesdome entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.02)(0.02)
Operating Profit Margin 0.02  0.01 
Net Loss(0.02)(0.02)
Gross Profit Margin 0.11  0.11 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Wesdome Gold to your portfolios without increasing risk or reducing expected return.

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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.