MarcAndre Pelletier - Wesdome Gold Vice President - Operations for Quebec
| WDO Stock | CAD 12.25 0.15 1.24% |
President
MarcAndre Pelletier is Vice President - Operations for Quebec of Wesdome Gold Mines since 2017.
| Tenure | 7 years |
| Address | 220 Bay Street, Toronto, ON, Canada, M5J 2W4 |
| Phone | 416 360 3743 |
| Web | https://www.wesdome.com |
Wesdome Gold Management Efficiency
The company 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 29th 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 Total Assets are very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 563.6 M, while Other Current Assets are likely to drop about 1 M.Similar Executives
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Management Performance
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.13 |
Wesdome Gold Mines Leadership Team
Elected by the shareholders, the Wesdome Gold's board of directors comprises two types of representatives: Wesdome Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wesdome. The board's role is to monitor Wesdome Gold's management team and ensure that shareholders' interests are well served. Wesdome Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wesdome Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Niel PGeo, Director Geology | ||
| Stacy Kimmett, Vice President - Human Resources | ||
| Kevin Lonergan, Senior Services | ||
| Ben Au, Chief Financial Officer | ||
| Rajbir Gill, Senior Relations | ||
| Nadine Miller, Independent Director | ||
| Guy PEng, Chief Officer | ||
| Edie Thome, Independent Director | ||
| Heather Laxton, Chief Governance Officer, Corporate Secretary | ||
| Frederic MercierLangevin, Chief Officer | ||
| MSc PGeo, Chief Mine | ||
| Michael Michaud, Vice President - Exploration | ||
| Warwick MorleyJepson, Independent Chairman of the Board | ||
| Frederic ING, Chief Officer | ||
| Brian Skanderbeg, Independent Director | ||
| Joanna Miller, Vice Environment | ||
| Duncan Middlemiss, President, Chief Executive Officer, Director | ||
| Bill Washington, Independent Director | ||
| Scott Gilbert, Vice President - Financial Systems and Cost Control | ||
| MarcAndre Pelletier, Vice President - Operations for Quebec | ||
| Fernando Ragone, Senior CFO | ||
| Jonathan Singh, Interim Officer | ||
| Anthea Bath, CEO President | ||
| Guy Eng, Chief Officer | ||
| K Gosselin, VP Resources | ||
| Lindsay Dunlop, Vice President - Investor Relations | ||
| Charles Main, Independent Director | ||
| Patricia Moran, Vice Relations | ||
| Duncan PEng, CEO Pres |
Wesdome Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Wesdome Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 1.75 B | ||||
| Shares Outstanding | 149.87 M | ||||
| Shares Owned By Insiders | 0.17 % | ||||
| Shares Owned By Institutions | 46.73 % | ||||
| Number Of Shares Shorted | 3.46 M | ||||
| Price To Earning | 34.72 X |
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 against Wesdome Stock
| 0.56 | GOOG | Alphabet CDR | PairCorr |
| 0.53 | AMZN | Amazon CDR | PairCorr |
| 0.47 | XOM | EXXON MOBIL CDR | PairCorr |
| 0.47 | WMT | Walmart Inc CDR | PairCorr |
| 0.43 | IE | Ivanhoe Energy | PairCorr |
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.