Wesdome Gold Mines Stock Today

WDO Stock  CAD 15.80  0.33  2.05%   

Performance

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Odds Of Distress

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Wesdome Gold is selling at 15.80 as of the 21st of March 2025; that is 2.05% down since the beginning of the trading day. The stock's open price was 16.13. Wesdome Gold has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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. The company has 149.87 M outstanding shares of which 2.29 M shares are at this time shorted by private and institutional investors with about 5.21 days to cover all short positions. More on Wesdome Gold Mines

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Wesdome Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wesdome Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wesdome Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODuncan Middlemiss
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Wesdome Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wesdome Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Wesdome Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wesdome Gold's financial leverage. It provides some insight into what part of Wesdome Gold's total assets is financed by creditors.
Liquidity
Wesdome Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Wesdome Gold Mines has accumulated 42.46 M in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. Wesdome Gold Mines has a current ratio of 2.79, suggesting that it is liquid and has the ability to pay its 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.

Total Cash From Operating Activities

122.38 Million
Wesdome Gold Mines (WDO) is traded on Toronto Exchange in Canada and employs 30 people. Wesdome Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.42 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 Gold Mines operates under Metals & Mining sector and is part of Materials industry. The entity has 149.87 M outstanding shares of which 2.29 M shares are at this time shorted by private and institutional investors with about 5.21 days to cover all short positions. Wesdome Gold Mines has accumulated about 33.19 M in cash with 101.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53.
Check Wesdome Gold Probability Of Bankruptcy
Ownership Allocation
Wesdome Gold Mines retains a total of 149.87 Million outstanding shares. 30% of Wesdome Gold outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Wesdome Ownership Details

Wesdome Gold Mines Risk Profiles

Although Wesdome Gold's alpha and beta are two of the key measurements used to evaluate Wesdome Gold's performance over the market, the standard measures of volatility play an important role as well.

Wesdome Stock Against Markets

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Wesdome Gold Corporate Management

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.
Stacy KimmettVice President - Human ResourcesProfile
Kevin LonerganSenior ServicesProfile
Rajbir GillSenior RelationsProfile
Guy PEngChief OfficerProfile

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.