Wesdome Gold Mines Stock Buy Hold or Sell Recommendation
| WDO Stock | CAD 10.62 0.34 3.31% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Wesdome Gold Mines is 'Strong Buy'. Macroaxis provides Wesdome Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WDO positions. The advice algorithm takes into account all of Wesdome Gold's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Wesdome Gold's buy or sell advice are summarized below:
Real Value 11.84 | Hype Value 10.63 | Market Value 10.62 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Wesdome Gold Mines given historical horizon and risk tolerance towards Wesdome Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Wesdome Gold Mines, the advice is generated through an automated system that utilizes algorithms and statistical models.
Wesdome |
Execute Wesdome Gold Buy or Sell Advice
The Wesdome recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wesdome Gold Mines. Macroaxis does not own or have any residual interests in Wesdome Gold Mines or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wesdome Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Wesdome Gold Trading Alerts and Improvement Suggestions
| 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: Closing Bell Wesdome Gold Mines Ltd down on Monday - The Globe and Mail |
Wesdome Gold Returns Distribution Density
The distribution of Wesdome Gold's historical returns is an attempt to chart the uncertainty of Wesdome Gold's future price movements. The chart of the probability distribution of Wesdome Gold daily returns describes the distribution of returns around its average expected value. We use Wesdome Gold Mines price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wesdome Gold returns is essential to provide solid investment advice for Wesdome Gold.
| Mean Return | 0.50 | Value At Risk | -3.93 | Potential Upside | 5.04 | Standard Deviation | 2.76 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wesdome Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Wesdome Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 8.3M | 27.8M | (6.7M) | (23.6M) | 8.2M | 8.6M | |
| Free Cash Flow | 12.3M | 33.9M | (12.5M) | (80.8M) | 319K | 335.0K | |
| Other Non Cash Items | 19.4M | 22.0M | (96.1M) | 7.2M | 7.1M | 7.4M | |
| Capital Expenditures | 58.8M | 68.4M | 143.5M | 146.0M | 101.0M | 106.1M | |
| Net Income | 40.9M | 50.7M | 131.3M | (14.7M) | (6.2M) | (5.9M) | |
| End Period Cash Flow | 35.7M | 63.5M | 56.8M | 33.2M | 41.4M | 43.4M | |
| Depreciation | 18.4M | 20.2M | 28.1M | 44.6M | 51.2M | 53.8M | |
| Change To Inventory | (8.7M) | 5.3M | (4.8M) | (2.4M) | (3.3M) | (3.1M) | |
| Net Borrowings | (6.4M) | (8.5M) | (8.8M) | 45.5M | 52.3M | 54.9M | |
| Change To Netincome | 15.9M | 9.2M | (58.3M) | 15.2M | 13.6M | 14.3M | |
| Investments | (61.1M) | (67.5M) | (2.1M) | (146.2M) | (98.6M) | (93.7M) |
Wesdome Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Wesdome Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Wesdome Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Wesdome stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.40 | |
β | Beta against NYSE Composite | 1.18 | |
σ | Overall volatility | 2.76 | |
Ir | Information ratio | 0.15 |
Wesdome Gold Volatility Alert
Wesdome Gold Mines currently demonstrates below-average downside deviation. It has Information Ratio of 0.15 and Jensen Alpha of 0.4. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wesdome Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wesdome Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Wesdome Gold Fundamentals Vs Peers
Comparing Wesdome Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Wesdome Gold's direct or indirect competition across all of the common fundamentals between Wesdome Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wesdome Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wesdome Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wesdome Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wesdome Gold to competition |
| Fundamentals | Wesdome Gold | Peer Average |
| Return On Equity | -0.015 | -0.31 |
| Return On Asset | 0.0054 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 1.53 B | 16.62 B |
| Shares Outstanding | 149.17 M | 571.82 M |
| Shares Owned By Insiders | 0.28 % | 10.09 % |
| Shares Owned By Institutions | 49.01 % | 39.21 % |
| Number Of Shares Shorted | 2.13 M | 4.71 M |
| Price To Earning | 34.72 X | 28.72 X |
| Price To Book | 3.68 X | 9.51 X |
| Price To Sales | 4.71 X | 11.42 X |
| Revenue | 333.17 M | 9.43 B |
| Gross Profit | 47.8 M | 27.38 B |
| EBITDA | 101.33 M | 3.9 B |
| Net Income | (6.19 M) | 570.98 M |
| Cash And Equivalents | 33.19 M | 2.7 B |
| Cash Per Share | 0.53 X | 5.01 X |
| Total Debt | 38.74 M | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 2.85 X | 2.16 X |
| Book Value Per Share | 2.87 X | 1.93 K |
| Cash Flow From Operations | 101.35 M | 971.22 M |
| Short Ratio | 2.45 X | 4.00 X |
| Earnings Per Share | (0.04) X | 3.12 X |
| Target Price | 11.42 | |
| Beta | 0.75 | -0.15 |
| Market Capitalization | 1.53 B | 19.03 B |
| Total Asset | 618.96 M | 29.47 B |
| Retained Earnings | 180.75 M | 9.33 B |
| Working Capital | (6.89 M) | 1.48 B |
| Current Asset | 23.7 M | 9.34 B |
| Current Liabilities | 11.2 M | 7.9 B |
Wesdome Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wesdome . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Wesdome Gold Buy or Sell Advice
When is the right time to buy or sell Wesdome Gold Mines? Buying financial instruments such as Wesdome Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 14.6M | 64.0M | 73.6M | 77.3M | Total Assets | 553.7M | 619.1M | 619.0M | 649.9M |
Use Investing Ideas to Build Portfolios
In addition to having Wesdome Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Apparel Theme or any other thematic opportunities.
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Check out Wesdome Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Wesdome Stock analysis
When running Wesdome Gold's price analysis, check to measure Wesdome Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wesdome Gold is operating at the current time. Most of Wesdome Gold's value examination focuses on studying past and present price action to predict the probability of Wesdome Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wesdome Gold's price. Additionally, you may evaluate how the addition of Wesdome Gold to your portfolios can decrease your overall portfolio volatility.
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