TSE:WDO

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

C$7.71

-0.05 (-0.64%)

(As of 06/5/2023 ET)

Compare

Today's Range: C$7.68
▼
C$7.81
50-Day Range: C$7.51
▼
C$9.30
52-Week Range: C$6.00
▼
C$13.50

Volume: 224,567 shs
Average Volume: 927,378 shs
Market Capitalization: C$1.14 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$10.88

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Social Media

Wesdome Gold Mines MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 41.1% Upside
C$10.88 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.45
Based on 5 Articles This Week
Insider Trading: Selling Shares
C$460,476 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.64 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Wesdome Gold Mines has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$10.88, Wesdome Gold Mines has a forecasted upside of 41.1% from its current price of C$7.71.
Amount of Analyst Coverage
Wesdome Gold Mines has received no research coverage in the past 90 days.

N/A

Short Interest

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

0.0

Dividend Strength

Dividend Yield
Wesdome Gold Mines does not currently pay a dividend.
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.

0.9

News and Social Media Coverage

News Sentiment
Wesdome Gold Mines has a news sentiment score of -0.45. 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 0.46 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Wesdome Gold Mines this week, compared to 2 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wesdome Gold Mines insiders have sold 587.28% more of their company's stock than they have bought. Specifically, they have bought C$67,000.00 in company stock and sold C$460,476.00 in company stock.
Percentage Held by Insiders
Only 0.26% of the stock of Wesdome Gold Mines is held by insiders.
Percentage Held by Institutions
49.90% 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 -51.40, 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 -51.40, 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 2.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Wesdome Gold Mines (TSE:WDO) Stock

Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. It principally produces gold in the form of doré bars, as well as silver as a by-product. The company's 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-d'Or, Québec. Wesdome Gold Mines Ltd. is based in Toronto, Canada.

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WDO Stock News Headlines

June 5, 2023 | finance.yahoo.com

Gold Miner Wesdome Names Anthea Bath CEO in Industry’s Rare Female Hire

June 5, 2023 | finance.yahoo.com

Wesdome Gold Mines Announces Appointment of Anthea Bath as President and CEO

June 6, 2023 | Vantage Point (Ad)

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June 5, 2023 | americanbankingnews.com

Wesdome Gold Mines (TSE:WDO) PT Lowered to C$8.00 at Canaccord Genuity Group

June 4, 2023 | americanbankingnews.com

Canaccord Genuity Group Trims Wesdome Gold Mines (TSE:WDO) Target Price to C$8.00

May 27, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Wesdome Gold Mines Ltd. Reduced by Echelon Wealth Partners (TSE:WDO)

May 25, 2023 | finanznachrichten.de

Wesdome Gold Mines: Wesdome Announces Results of Annual General Meeting

May 24, 2023 | finance.yahoo.com

Wesdome Announces Results of Annual General Meeting

June 6, 2023 | Vantage Point (Ad)

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May 23, 2023 | finance.yahoo.com

Wesdome Drilling Southeast of Kiena Mine Identifies Potential Bulk Tonnage Underground Target; Returning 2.3 G/T Gold Over 72 M Core Length

May 16, 2023 | theglobeandmail.com

Closing Bell: Wesdome Gold Mines Ltd up on Monday (WDO)

May 13, 2023 | americanbankingnews.com

Wesdome Gold Mines (TSE:WDO) Shares Down 5.8%

May 13, 2023 | americanbankingnews.com

Analysts Set Wesdome Gold Mines Ltd. (TSE:WDO) Target Price at C$10.58

May 12, 2023 | markets.businessinsider.com

Wesdome Gold Mines (WDO) Gets a Buy Rating from BMO Capital

May 12, 2023 | markets.businessinsider.com

Wesdome Gold Mines (WDO) Received its Third Buy in a Row

May 11, 2023 | finanznachrichten.de

Wesdome Gold Mines: Wesdome Announces 2023 First Quarter Financial Results

May 8, 2023 | americanbankingnews.com

Wesdome Gold Mines (WDO) to Release Quarterly Earnings on Wednesday

May 6, 2023 | americanbankingnews.com

Pi Financial Weighs in on Wesdome Gold Mines Ltd.'s Q1 2023 Earnings (TSE:WDO)

May 5, 2023 | msn.com

Canada shares lower at close of trade; S&P/TSX Composite down 0.57%

April 21, 2023 | americanbankingnews.com

National Bankshares Boosts Wesdome Gold Mines (TSE:WDO) Price Target to C$11.00

April 21, 2023 | americanbankingnews.com

Equities Analysts Issue Forecasts for Wesdome Gold Mines Ltd.'s Q1 2023 Earnings (TSE:WDO)

April 19, 2023 | theglobeandmail.com

Closing Bell: Wesdome Gold Mines Ltd down on Wednesday (WDO)

April 19, 2023 | americanbankingnews.com

Equities Analysts Offer Predictions for Wesdome Gold Mines Ltd.'s Q1 2023 Earnings (TSE:WDO)

April 18, 2023 | americanbankingnews.com

Wesdome Gold Mines Ltd. (TSE:WDO) Receives C$10.27 Average Target Price from Analysts

April 16, 2023 | americanbankingnews.com

Echelon Wealth Partners Comments on Wesdome Gold Mines Ltd.'s FY2023 Earnings (TSE:WDO)

April 14, 2023 | theglobeandmail.com

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

April 10, 2023 | theglobeandmail.com

Closing Bell: Wesdome Gold Mines Ltd down on Monday (WDO)

See More Headlines

WDO Price History

30 days | 90 days | 365 days | Advanced Chart

WDO Company Calendar

Today: 6/05/2023
Next Earnings (Estimated): 8/09/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
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 Forecast: C$10.88
High Stock Price Forecast: C$15.00
Low Stock Price Forecast: C$6.15
Forecasted Upside/Downside: +41.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.15)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 172.75
P/E Growth: N/A
Net Income: C$-22,100,000.00
Net Margins: -8.02%
Pretax Margin: N/A
Return on Equity: -5.35%
Return on Assets: 1.34%

Debt

Debt-to-Equity Ratio: 12.74
Current Ratio: 0.84
Quick Ratio: 0.37

Sales & Book Value

Annual Sales: C$275.49 million
Price / Sales: 4.13
Cash Flow: C$0.18 per share
Price / Cash Flow: 43.91
Book Value: C$2.85 per share
Price / Book: 2.71

Miscellaneous

Outstanding Shares: 147,530,000
Free Float: N/A
Market Cap: C$1.14 billion
Optionable: Not Optionable
Beta: 0.61

Key Executives

Mr. Duncan Middlemiss P.Eng. (Age 61)
Pres, CEO & Director
Comp: $1.26M

Mr. Scott Gilbert C.A.
CPA, CPA, CA, Chief Financial Officer

Mr. Rajbir Gill
VP of Corp. Devel.

Mr. Michael Michaud M.Sc.
P.Geo., VP of Exploration

Mr. Frederic Mercier-Langevin
Chief Operating Officer

Ms. Lindsay Carpenter Dunlop
VP of Investor Relations

Ms. Stacy Kimmett
VP of HR

Mr. Daniel Lapointe P.Geo.
MSc., Chief Geologist of Eagle River Mine

Ms. Joanna Miller
VP of Sustainability and Environment

Ms. Heather Anne Laxton
Chief Governance Officer & Corp. Sec.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

WDO Stock - Frequently Asked Questions

Should I buy or sell Wesdome Gold Mines stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wesdome Gold Mines in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WDO shares.
View WDO analyst ratings or view top-rated stocks.
What is Wesdome Gold Mines' stock price forecast for 2023?: 4 brokerages have issued 1-year price objectives for Wesdome Gold Mines' shares. Their WDO share price forecasts range from C$6.15 to C$15.00. On average, they anticipate the company's share price to reach C$10.88 in the next twelve months. This suggests a possible upside of 41.1% from the stock's current price.
View analysts price targets for WDO or view top-rated stocks among Wall Street analysts.
How have WDO shares performed in 2023?: Wesdome Gold Mines' stock was trading at C$7.48 at the beginning of the year. Since then, WDO stock has increased by 3.1% and is now trading at C$7.71.
View the best growth stocks for 2023 here.
When is Wesdome Gold Mines' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our WDO earnings forecast.
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).

What is Wesdome Gold Mines' stock symbol?: Wesdome Gold Mines trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WDO."
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.
What is Wesdome Gold Mines' stock price today?: One share of WDO stock can currently be purchased for approximately C$7.71.
How much money does Wesdome Gold Mines make?: Wesdome Gold Mines (TSE:WDO) has a market capitalization of C$1.14 billion and generates C$275.49 million in revenue each year. The company earns C$-22,100,000.00 in net income (profit) each year or C($0.15) on an earnings per share basis.
How many employees does Wesdome Gold Mines have?: The company employs 301 workers across the globe.
How can I contact Wesdome Gold Mines?: Wesdome Gold Mines' mailing address is 8 King Street East, Suite 1305, TORONTO, ON 00000, Canada. The official website for the company is www.wesdome.com. The company can be reached via phone at +1-416-3603743.

This page (TSE:WDO) was last updated on 6/6/2023 by MarketBeat.com Staff

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

Wesdome Gold Mines MarketRank™ Forecast

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 (TSE:WDO) Stock

WDO Stock News Headlines

WDO Price History

WDO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

WDO Stock - Frequently Asked Questions

Overall MarketRank^™