TSE:WDO

Wesdome Gold Mines - WDO Stock Forecast, Price & News

C$6.91

-0.31 (-4.29%)

(As of 03/21/2023 12:21 PM ET)

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Today's Range: C$6.81
▼
C$7.08
50-Day Range: C$6.08
▼
C$8.12
52-Week Range: C$6.00
▼
C$16.23

Volume: 343,076 shs
Average Volume: 1.38 million shs
Market Capitalization: C$995.59 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$10.43

Wesdome Gold Mines MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 52.5% Upside
C$10.43 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
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.

1.41 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 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$10.43, Wesdome Gold Mines has a forecasted upside of 52.5% from its current price of C$6.84.
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.

0.0

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.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Wesdome Gold Mines this week, compared to 1 article on an average week.
Search Interest
7 people have searched for WDO on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Wesdome Gold Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

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 0.43% of the stock of Wesdome Gold Mines is held by insiders.
Percentage Held by Institutions
47.75% 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 -68.40, 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 -68.40, 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 2.47. 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

March 15, 2023 | americanbankingnews.com

Wesdome Gold Mines (TSE:WDO) PT Raised to C$6.50 at Canaccord Genuity Group

March 13, 2023 | finance.yahoo.com

Wesdome Announces Annual Mineral Resource and Reserve Updates for Eagle River and Kiena Mine Complexes

March 21, 2023 | PressReach (Ad)

This Stock Has Room To Run

Analysts believe this stock's product demand could rise quickly in the next few years.

March 6, 2023 | msn.com

These Stocks Are Half-Priced, But Are They Actually Worth Buying?

February 11, 2023 | finance.yahoo.com

Investors in Wesdome Gold Mines (TSE:WDO) have made a stellar return of 219% over the past five years

February 2, 2023 | theglobeandmail.com

Wesdome Gold Mines: Bottom 25 Performing Stocks Year-to-Date on TSX (WDO)

February 1, 2023 | finance.yahoo.com

Wesdome Announces Appointment of Louise Grondin to Board of Directors

January 25, 2023 | ca.finance.yahoo.com

These Analysts Think Wesdome Gold Mines Ltd.'s (TSE:WDO) Sales Are Under Threat

March 21, 2023 | Upexi, Inc (Ad)

Could This Be The Biggest Stock Of 2023?

This Little Known Company Has Been Growing It's Revenue By Over 100% Year Over Year!

January 18, 2023 | finance.yahoo.com

CANADA STOCKS-TSX hits near seven-week high on easing inflation data

November 16, 2022 | nz.finance.yahoo.com

Wesdome Discovers Two New Zones in Hanging Wall Basalt of Kiena Deep Zone, Including 2,850 g/t Gold (Uncut) Over 1.5 Metre (Core Length)

November 10, 2022 | finanznachrichten.de

Wesdome Gold Mines: Wesdome Announces 2022 Third Quarter Financial Results

November 10, 2022 | finance.yahoo.com

IIROC Trading Halt - WDO

November 10, 2022 | finance.yahoo.com

IIROC Trade Resumption - WDO

October 24, 2022 | finance.yahoo.com

With 57% institutional ownership, Wesdome Gold Mines Ltd. (TSE:WDO) is a favorite amongst the big guns

October 19, 2022 | finance.yahoo.com

Wesdome Announces Details of 2022 Third Quarter Financial Results Conference Call

October 13, 2022 | finance.yahoo.com

Wesdome Announces 2022 Third Quarter Production Results

September 9, 2022 | theglobeandmail.com

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

September 1, 2022 | finance.yahoo.com

Wesdome Gold Mines (TSE:WDO) sheds 10% this week, as yearly returns fall more in line with earnings growth

August 16, 2022 | finance.yahoo.com

Revenue Downgrade: Here's What Analysts Forecast For Wesdome Gold Mines Ltd. (TSE:WDO)

July 21, 2022 | finance.yahoo.com

Wesdome Announces Details of 2022 Second Quarter Financial Results Conference Call

July 14, 2022 | finance.yahoo.com

Wesdome Announces 2022 Second Quarter Production Results

April 19, 2022 | finance.yahoo.com

Wesdome Announces Details of 2022 First Quarter Financial Results Conference Call

April 14, 2022 | finance.yahoo.com

Wesdome Announces 2022 First Quarter Production Results

April 13, 2022 | finance.yahoo.com

Wesdome Gold Mines (TSE:WDO) Is Investing Its Capital With Increasing Efficiency

April 11, 2022 | ca.finance.yahoo.com

Got $1,000? 3 Stocks That Are Excellent Value

April 7, 2022 | benzinga.com

RBC Capital Initiates Coverage On Wesdome Gold Mines with Sector Perform Rating, Announces Price Target of C$16

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30 days | 90 days | 365 days | Advanced Chart

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WDO Company Calendar

Last Earnings: 2/22/2023
Today: 3/21/2023
Next Earnings (Estimated): 5/10/2023

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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$10.43
High Stock Price Forecast: C$15.00
Low Stock Price Forecast: C$6.15
Forecasted Upside/Downside: +44.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 178.22
P/E Growth: N/A
Net Income: C$-14,710,000.00
Net Margins: -5.54%
Pretax Margin: N/A
Return on Equity: -3.71%
Return on Assets: 2.21%

Debt

Debt-to-Equity Ratio: 16.06
Current Ratio: 0.67
Quick Ratio: 0.37

Sales & Book Value

Annual Sales: C$265.48 million
Price / Sales: 3.92
Cash Flow: C$0.16 per share
Price / Cash Flow: 43.91
Book Value: C$2.77 per share
Price / Book: 2.61

Miscellaneous

Outstanding Shares: 144,080,000
Free Float: N/A
Market Cap: C$1.04 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?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wesdome Gold Mines in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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?: 7 Wall Street analysts have issued 1 year target prices for Wesdome Gold Mines' shares. Their WDO share price forecasts range from C$6.15 to C$15.00. On average, they expect the company's stock price to reach C$10.43 in the next twelve months. This suggests a possible upside of 44.5% 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 2023. Since then, WDO shares have decreased by 3.5% and is now trading at C$7.22.
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, May 10th 2023.
View our WDO earnings forecast.
How were Wesdome Gold Mines' earnings last quarter?: Wesdome Gold Mines Ltd. (TSE:WDO) announced its quarterly earnings data on Wednesday, February, 22nd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.04. The company earned $75.04 million during the quarter, compared to analyst estimates of $83 million. Wesdome Gold Mines had a negative net margin of 5.54% and a negative trailing twelve-month return on equity of 3.71%.
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$7.22.
How much money does Wesdome Gold Mines make?: Wesdome Gold Mines (TSE:WDO) has a market capitalization of C$1.04 billion and generates C$265.48 million in revenue each year. The company earns C$-14,710,000.00 in net income (profit) each year or C($0.10) 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 3/21/2023 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 Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Wesdome Gold Mines (TSE:WDO) Stock

WDO Stock News Headlines

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^™