Should I buy or sell Wesdome Gold Mines stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wesdome Gold Mines in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WDO shares. View WDO analyst ratings or view top-rated stocks .

What is Wesdome Gold Mines' stock price target for 2024?

4 brokers have issued 1-year price objectives for Wesdome Gold Mines' shares. Their WDO share price targets range from C$8.00 to C$14.00. On average, they expect the company's stock price to reach C$10.06 in the next year. This suggests that the stock has a possible downside of 3.8%. View analysts price targets for WDO or view top-rated stocks among Wall Street analysts .

How have WDO shares performed in 2024?

Wesdome Gold Mines' stock was trading at C$7.71 on January 1st, 2024. Since then, WDO shares have increased by 35.7% and is now trading at C$10.46. View the best growth stocks for 2024 here .

When is Wesdome Gold Mines' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our WDO earnings forecast .

How were Wesdome Gold Mines' earnings last quarter?

Wesdome Gold Mines Ltd. (TSE:WDO) posted its earnings results on Tuesday, March, 12th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.01. The business had revenue of $102.22 million for the quarter. Wesdome Gold Mines had a negative trailing twelve-month return on equity of 1.50% and a negative net margin of 1.86%.

What other stocks do shareholders of Wesdome Gold Mines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wesdome Gold Mines investors own include Alexco Resource (AXU) , Kirkland Lake Gold (KL) , Alacer Gold (ASR) , First Majestic Silver (FR) , New Gold (NGD) , Osisko Mining (OSK) , Barrick Gold (ABX) , Aurora Cannabis (ACB) , Agnico Eagle Mines (AEM) and Fortis (FTS) .

How do I buy shares of Wesdome Gold Mines?

Shares of WDO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:WDO

Wesdome Gold Mines (WDO) Stock Price, News & Analysis

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C$10.46

-0.07 (-0.66%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$10.26
▼
C$10.62
50-Day Range: C$8.75
▼
C$11.09
52-Week Range: C$6.33
▼
C$11.28

Volume: 438,734 shs
Average Volume: 519,563 shs
Market Capitalization: C$1.56 billion

P/E Ratio: N/A
Dividend Yield: 1.35%
Price Target: C$9.56

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get Wesdome Gold Mines alerts:

Wesdome Gold Mines MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 3.8% Downside
C$10.06 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.03
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.09 out of 5 stars

1.3

Analyst's Opinion

Consensus Rating
Wesdome Gold Mines has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Wesdome Gold Mines has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for WDO.

0.8

Dividend Strength

Dividend Yield
Wesdome Gold Mines pays a meaningful dividend of 1.35%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Wesdome Gold Mines does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for WDO.

1.7

News and Social Media Coverage

News Sentiment
Wesdome Gold Mines has a news sentiment score of 0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Wesdome Gold Mines this week, compared to 1 article on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wesdome Gold Mines insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.28% of the stock of Wesdome Gold Mines is held by insiders.
Percentage Held by Institutions
49.05% of the stock of Wesdome Gold Mines is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Wesdome Gold Mines is -261.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wesdome Gold Mines is -261.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Wesdome Gold Mines has a P/B Ratio of 3.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Wesdome Gold Mines Stock (TSE:WDO)

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. It holds interest in the Eagle River Mine in Ontario; and the Kiena Mine in Québec. The company was formerly known as River Gold Mines Ltd. and changed its name to Wesdome Gold Mines Ltd. Wesdome Gold Mines Ltd. was incorporated in 1945 and is headquartered in Toronto, Canada.

WDO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WDO Stock News Headlines

April 12, 2024 | americanbankingnews.com

Wesdome Gold Mines Ltd. (TSE:WDO) to Post FY2024 Earnings of $0.76 Per Share, Echelon Wealth Partners Forecasts

April 11, 2024 | americanbankingnews.com

Wesdome Gold Mines (TSE:WDO) Stock Price Passes Above 50-Day Moving Average of $9.54

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March 14, 2024 | msn.com

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February 20, 2024 | finance.yahoo.com

Wesdome Continues to Grow Recently Discovered High Grade Falcon 311 Zone at Eagle River

February 8, 2024 | finance.yahoo.com

Angus Gold Completes Private Placement, including a Strategic Investment by Wesdome Gold Mines

January 22, 2024 | finance.yahoo.com

Wesdome Gold Mines Ltd. (WDO.TO)

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January 15, 2024 | juniorminingnetwork.com

Wesdome Gold Mines Announces Fourth Quarter and Full Year 2023 Production Results; Provides Multi-Year Guidance and Management Update

January 8, 2024 | theglobeandmail.com

Closing Bell: Wesdome Gold Mines Ltd flat on Friday (WDO)

November 25, 2023 | morningstar.com

Wesdome Gold Mines Ltd WDO

November 24, 2023 | seekingalpha.com

WDO:CA Wesdome Gold Mines Ltd.

November 20, 2023 | seekingalpha.com

Wesdome Gold Mines: A Much Better Year Ahead

November 10, 2023 | juniorminingnetwork.com

Wesdome Gold Mines Announces Third Quarter 2023 Financial Results

November 8, 2023 | finance.yahoo.com

Wesdome Announces Third Quarter 2023 Financial Results

October 29, 2023 | finance.yahoo.com

Investors in Wesdome Gold Mines (TSE:WDO) have seen notable returns of 90% over the past five years

October 23, 2023 | juniorminingnetwork.com

Wesdome Gold Mines Drilling Returns High Grades in Volcanic Rocks Along Western Extension of Mineralization at the Eagle River Mine

October 5, 2023 | markets.businessinsider.com

Wesdome Gold Mines (WDO) Receives a Hold from RBC Capital

October 1, 2023 | finance.yahoo.com

Wesdome Gold Mines Ltd.'s (TSE:WDO) market cap dropped CA$83m last week; individual investors who hold 52% were hit as were institutions

September 15, 2023 | theglobeandmail.com

Closing Bell: Wesdome Gold Mines Ltd flat on Thursday (WDO)

September 2, 2023 | msn.com

The 2 Top-Performing TSX Stocks in August: Can They Keep Gaining?

August 11, 2023 | finanznachrichten.de

Wesdome Gold Mines: Wesdome Announces Second Quarter 2023 Financial Results

July 18, 2023 | markets.businessinsider.com

Wesdome Gold Mines (WDO) Gets a Hold Rating from RBC Capital

July 14, 2023 | markets.businessinsider.com

BMO Capital Maintains a Buy Rating on Wesdome Gold Mines (WDO)

July 13, 2023 | juniorminingnetwork.com

Wesdome Gold Mines Announces Second Quarter Production Results; Provides Conference Call Details

June 8, 2023 | finance.yahoo.com

Wesdome Provides Update on Operations Amidst Forest Fires in Quebec and Ontario

See More Headlines

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Company Calendar

Last Earnings: 3/12/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/08/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Gold
Sub-Industry: N/A
Current Symbol: TSE:WDO
CUSIP: N/A
CIK: N/A
Web: www.wesdome.com
Phone: +1-416-3603743
Fax: N/A
Employees: 301
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$10.06
High Stock Price Target: C$14.00
Low Stock Price Target: C$8.00
Potential Upside/Downside: -8.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 19.03
P/E Growth: N/A
Net Income: C$-6,190,000.00
Net Margins: -1.86%
Pretax Margin: N/A
Return on Equity: -1.50%
Return on Assets: 0.54%

Debt

Debt-to-Equity Ratio: 9.94
Current Ratio: 0.92
Quick Ratio: 0.37

Sales & Book Value

Annual Sales: C$333.17 million
Price / Sales: 4.68
Cash Flow: C$0.24 per share
Price / Cash Flow: 43.91
Book Value: C$2.87 per share
Price / Book: 3.64

Miscellaneous

Outstanding Shares: 149,170,000
Free Float: N/A
Market Cap: C$1.56 billion
Optionable: Not Optionable
Beta: 0.75

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Key Executives

Mr. Frederic Mercier-Langevin ING
Chief Operating Officer
Mr. Rajbir Gill
Senior Vice President of Corporate Development & Investor Relations
Mr. Michael Michaud M.Sc.
P.Geo., Senior Vice President of Exploration & Resources
Ms. Anthea Ingrid Bath (Age 48)
President , CEO & Director
Mr. Fernando Ragone
Senior VP & CFO
Ms. Joanna Miller
Vice President of Sustainability & Environment

Key Competitors

View All Competitors

Insiders

Frederic Mercier-Langevin
Bought 2,800 shares on 11/13/2023
Total: C$20,273.12 ($7.24/share)

View All Insider Transactions

WDO Stock Analysis - Frequently Asked Questions

Should I buy or sell Wesdome Gold Mines stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wesdome Gold Mines in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WDO shares.
View WDO analyst ratings or view top-rated stocks.
What is Wesdome Gold Mines' stock price target for 2024?: 4 brokers have issued 1-year price objectives for Wesdome Gold Mines' shares. Their WDO share price targets range from C$8.00 to C$14.00. On average, they expect the company's stock price to reach C$10.06 in the next year. This suggests that the stock has a possible downside of 3.8%.
View analysts price targets for WDO or view top-rated stocks among Wall Street analysts.
How have WDO shares performed in 2024?: Wesdome Gold Mines' stock was trading at C$7.71 on January 1st, 2024. Since then, WDO shares have increased by 35.7% and is now trading at C$10.46.
View the best growth stocks for 2024 here.
When is Wesdome Gold Mines' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our WDO earnings forecast.

How were Wesdome Gold Mines' earnings last quarter?: Wesdome Gold Mines Ltd. (TSE:WDO) posted its earnings results on Tuesday, March, 12th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.01. The business had revenue of $102.22 million for the quarter. Wesdome Gold Mines had a negative trailing twelve-month return on equity of 1.50% and a negative net margin of 1.86%.
What other stocks do shareholders of Wesdome Gold Mines own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Wesdome Gold Mines investors own include Alexco Resource (AXU), Kirkland Lake Gold (KL), Alacer Gold (ASR), First Majestic Silver (FR), New Gold (NGD), Osisko Mining (OSK), Barrick Gold (ABX), Aurora Cannabis (ACB), Agnico Eagle Mines (AEM) and Fortis (FTS).
How do I buy shares of Wesdome Gold Mines?: Shares of WDO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:WDO) was last updated on 4/15/2024 by MarketBeat.com Staff

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Wesdome Gold Mines (WDO) Stock Price, News & Analysis

Wesdome Gold Mines MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Wesdome Gold Mines Stock (TSE:WDO)

WDO Stock Price History

WDO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

WDO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™