Wesdome Gold Mines Stock Performance
| WDO Stock | CAD 12.09 0.08 0.67% |
The firm maintains a market beta of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wesdome Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wesdome Gold is expected to be smaller as well. At this point, Wesdome Gold Mines has a negative expected return of -0.12%. Please make sure to check out Wesdome Gold's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Wesdome Gold Mines performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Wesdome Gold Mines has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Last Split Factor 1:1.538 | Dividend Date 2011-04-29 | Ex Dividend Date 2011-04-13 | Last Split Date 2006-02-06 |
1 | Wesdome Gold Mines Ltd. Announces Appointment of Ronald Jono Lawrence as Senior Vice President, Exploration and Resources, Effective January 1, 2025 - Marketscr... | 09/12/2024 |
2 | National Bank Financial Comments on TSEWDO Q4 Earnings - MarketBeat | 11/21/2024 |
| Begin Period Cash Flow | 33.2 M |
Wesdome |
Wesdome Gold Relative Risk vs. Return Landscape
If you would invest 1,326 in Wesdome Gold Mines on August 25, 2024 and sell it today you would lose (117.00) from holding Wesdome Gold Mines or give up 8.82% of portfolio value over 90 days. Wesdome Gold Mines is producing return of less than zero assuming 2.4727% volatility of returns over the 90 days investment horizon. Simply put, 22% of all stocks have less volatile historical return distribution than Wesdome Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Wesdome Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wesdome Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wesdome Gold Mines, and traders can use it to determine the average amount a Wesdome Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0472
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| Negative Returns | WDO |
Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wesdome Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wesdome Gold by adding Wesdome Gold to a well-diversified portfolio.
Wesdome Gold Fundamentals Growth
Wesdome Stock prices reflect investors' perceptions of the future prospects and financial health of Wesdome Gold, and Wesdome Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Wesdome Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.40 % | ||||
| Current Valuation | 1.73 B | ||||
| Shares Outstanding | 149.87 M | ||||
| Price To Earning | 34.72 X | ||||
| Price To Book | 3.51 X | ||||
| Price To Sales | 3.79 X | ||||
| Revenue | 333.17 M | ||||
| Gross Profit | 47.8 M | ||||
| EBITDA | 99.83 M | ||||
| Net Income | (6.19 M) | ||||
| Cash And Equivalents | 33.19 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 42.46 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 2.85 X | ||||
| Book Value Per Share | 3.43 X | ||||
| Cash Flow From Operations | 101.35 M | ||||
| Earnings Per Share | 0.54 X | ||||
| Market Capitalization | 1.81 B | ||||
| Total Asset | 618.96 M | ||||
| Retained Earnings | 180.75 M | ||||
| Working Capital | (6.89 M) | ||||
| Current Asset | 23.7 M | ||||
| Current Liabilities | 11.2 M | ||||
About Wesdome Gold Performance
By examining Wesdome Gold's fundamental ratios, stakeholders can obtain critical insights into Wesdome Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Wesdome Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 34.66 | 49.16 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.02) |
Things to note about Wesdome Gold Mines performance evaluation
Checking the ongoing alerts about Wesdome Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wesdome Gold Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wesdome Gold Mines generated a negative expected return over the last 90 days | |
| The company reported the revenue of 333.17 M. Net Loss for the year was (6.19 M) with profit before overhead, payroll, taxes, and interest of 47.8 M. | |
| Latest headline from news.google.com: National Bank Financial Comments on TSEWDO Q4 Earnings - MarketBeat |
- Analyzing Wesdome Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Wesdome Gold's stock is overvalued or undervalued compared to its peers.
- Examining Wesdome Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Wesdome Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wesdome Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wesdome Gold's stock. These opinions can provide insight into Wesdome Gold's potential for growth and whether the stock is currently undervalued or overvalued.
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.