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 year. 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 Wall Street research analysts have issued twelve-month price targets for Wesdome Gold Mines' shares. Their WDO share price targets range from C$6.15 to C$14.00. On average, they predict the company's share price to reach C$9.20 in the next twelve months. This suggests a possible upside of 16.0% 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 start of the year. Since then, WDO shares have increased by 6.0% and is now trading at C$7.93. 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, February 28th 2024. View our WDO earnings forecast .

How were Wesdome Gold Mines' earnings last quarter?

Wesdome Gold Mines Ltd. (TSE:WDO) posted its quarterly earnings results on Wednesday, November, 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.01. The firm had revenue of $69.70 million for the quarter. Wesdome Gold Mines had a negative net margin of 3.97% and a negative trailing twelve-month return on equity of 2.99%.

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 .

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

C$7.93

-0.16 (-1.98%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$7.75
▼
C$8.13
50-Day Range: C$7.00
▼
C$8.76
52-Week Range: C$6.00
▼
C$9.46

Volume: 251,411 shs
Average Volume: 589,678 shs
Market Capitalization: C$1.18 billion

P/E Ratio: N/A
Dividend Yield: 1.35%
Price Target: C$9.20

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Wesdome Gold Mines MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 16.0% Upside
C$9.20 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.60
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
C$20,273 Bought 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.

1.58 out of 5 stars

2.3

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.
Price Target Upside/Downside
According to analysts' consensus price target of C$9.20, Wesdome Gold Mines has a forecasted upside of 16.0% from its current price of C$7.93.
Amount of Analyst Coverage
Wesdome Gold Mines has only been the subject of 2 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.

2.6

News and Social Media Coverage

News Sentiment
Wesdome Gold Mines has a news sentiment score of 0.60. 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 higher news sentiment than the 0.47 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Wesdome Gold Mines this week, compared to 1 article on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wesdome Gold Mines insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$20,273.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 0.25% of the stock of Wesdome Gold Mines is held by insiders.
Percentage Held by Institutions
53.93% 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 -99.13, 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 -99.13, 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 2.78. 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 Stock (TSE:WDO)

Wesdome Gold Mines Ltd. explores and develops of gold deposits in Canada. The company produces gold in the form of doré bars, as well as silver as a by-product. It holds interest in the Eagle River Mine and the Mishi 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 headquarters in Toronto, Canada.

WDO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WDO Stock News Headlines

December 4, 2023 | americanbankingnews.com

FY2023 Earnings Estimate for Wesdome Gold Mines Ltd. Issued By National Bank Financial (TSE:WDO)

November 30, 2023 | americanbankingnews.com

Wesdome Gold Mines (TSE:WDO) Stock Crosses Above 50 Day Moving Average of $7.48

December 8, 2023 | Autonomix (Ad)

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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

December 8, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

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

June 8, 2023 | msn.com

NATIONAL BANK FINANCIAL Maintains Wesdome Gold Mines (TSX:WDO) Outperform Recommendation

June 8, 2023 | msn.com

DESJARDINS SECURITIES Downgrades Wesdome Gold Mines (TSX:WDO)

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

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

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

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/08/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

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 Target: C$9.20
High Stock Price Target: C$14.00
Low Stock Price Target: C$6.15
Potential Upside/Downside: +16.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.39
P/E Growth: N/A
Net Income: C$-12,130,000.00
Net Margins: -3.97%
Pretax Margin: N/A
Return on Equity: -2.99%
Return on Assets: -0.15%

Debt

Debt-to-Equity Ratio: 10.29
Current Ratio: 0.79
Quick Ratio: 0.37

Sales & Book Value

Annual Sales: C$305.99 million
Price / Sales: 3.86
Cash Flow: C$0.18 per share
Price / Cash Flow: 43.91
Book Value: C$2.85 per share
Price / Book: 2.78

Miscellaneous

Outstanding Shares: 148,970,000
Free Float: N/A
Market Cap: C$1.18 billion
Optionable: Not Optionable
Beta: 0.60

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Key Executives

Mr. Frederic Mercier-Langevin
Chief Operating Officer
Mr. Rajbir Gill
Vice President of Corporate Development
Mr. Michael Michaud M.Sc.
P.Geo., Vice President of Exploration
Ms. Anthea Ingrid Bath (Age 47)
President , CEO & Director
Mr. Jonathan Singh
Interim Chief Financial Officer
Ms. Lindsay Carpenter Dunlop
Vice President of Investor Relations
Ms. Joanna Miller
Vice President of Sustainability and Environment

Key Competitors

View All Competitors

Insiders

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 year. 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 Wall Street research analysts have issued twelve-month price targets for Wesdome Gold Mines' shares. Their WDO share price targets range from C$6.15 to C$14.00. On average, they predict the company's share price to reach C$9.20 in the next twelve months. This suggests a possible upside of 16.0% 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 start of the year. Since then, WDO shares have increased by 6.0% and is now trading at C$7.93.
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, February 28th 2024.
View our WDO earnings forecast.

How were Wesdome Gold Mines' earnings last quarter?: Wesdome Gold Mines Ltd. (TSE:WDO) posted its quarterly earnings results on Wednesday, November, 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by $0.01. The firm had revenue of $69.70 million for the quarter. Wesdome Gold Mines had a negative net margin of 3.97% and a negative trailing twelve-month return on equity of 2.99%.
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 12/8/2023 by MarketBeat.com Staff

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

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^™