Wesdome Gold Mines Stock Analysis
WDOFF Stock | USD 8.52 0.01 0.12% |
Wesdome Gold Mines is fairly valued with Real Value of 8.83 and Hype Value of 8.52. The main objective of Wesdome Gold otc 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.
The Wesdome Gold otc stock is traded in the USA on OTCQX 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 the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Wesdome Gold's ongoing operational relationships across important fundamental and technical indicators.
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Wesdome OTC Stock Analysis Notes
About 56.0% of the company outstanding shares are owned by institutional investors. The book value of Wesdome Gold was at this time reported as 2.73. The company last dividend was issued on the 13th of April 2011. Wesdome Gold Mines had 13:20 split on the 6th of February 2006. 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.The quote for Wesdome Gold Mines is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more information please call Duncan PEng at 416 360 3743 or visit https://www.wesdome.com.Wesdome Gold Mines Investment Alerts
Wesdome Gold Mines generated a negative expected return over the last 90 days | |
Wesdome Gold Mines has accumulated 12.41 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Wesdome Gold Mines has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wesdome Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Wesdome Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wesdome Gold Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wesdome to invest in growth at high rates of return. When we think about Wesdome Gold's use of debt, we should always consider it together with cash and equity. | |
About 56.0% of Wesdome Gold outstanding shares are owned by institutional investors |
Wesdome Gold Thematic Classifications
In addition to having Wesdome Gold otc stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Gold and Gold MiningStocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas |
Wesdome Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 668.26 M. 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 0.05 %, 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 0.21 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.21. Technical Drivers
As of the 27th of November, Wesdome Gold maintains the Standard Deviation of 2.52, market risk adjusted performance of (0.75), and Mean Deviation of 1.89. 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. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Wesdome Gold Mines, which can be compared to its peers. Please check out Wesdome Gold Mines market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Wesdome Gold Mines is priced fairly, providing market reflects its latest price of 8.52 per share. Given that Wesdome Gold Mines has information ratio of (0.13), we strongly advise you to confirm Wesdome Gold Mines's prevalent market performance to make sure the company can sustain itself at a future point.Wesdome Gold Mines Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. 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 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 otc 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 otc 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 OTC Stock Analysis
OTC 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 otc 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 OTC such as Wesdome Gold. By using and applying Wesdome OTC Stock analysis, traders can create a robust methodology for identifying Wesdome entry and exit points for their positions.
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.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc 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.Did you try this?
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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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