Wesdome Gold Mines Stock Fundamentals
| WDO Stock | CAD 10.92 0.10 0.92% |
Wesdome Gold Mines fundamentals help investors to digest information that contributes to Wesdome Gold's financial success or failures. It also enables traders to predict the movement of Wesdome Stock. The fundamental analysis module provides a way to measure Wesdome Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Wesdome Gold stock.
At this time, Wesdome Gold's Total Operating Expenses is very stable compared to the past year. As of the 27th of April 2024, Depreciation And Amortization is likely to grow to about 51 M, though Total Other Income Expense Net is likely to grow to (7.4 M). Wesdome | Select Account or Indicator |
Wesdome Gold Mines Company Shares Outstanding Analysis
Wesdome Gold's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Wesdome Gold Shares Outstanding | 149.17 M |
Most of Wesdome Gold's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Wesdome Gold Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wesdome Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Wesdome Gold is extremely important. It helps to project a fair market value of Wesdome Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Wesdome Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Wesdome Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Wesdome Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Wesdome Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
Based on the latest financial disclosure, Wesdome Gold Mines has 149.17 M of shares currently outstending. This is 75.72% lower than that of the Metals & Mining sector and 58.59% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 73.91% higher than that of the company.
Wesdome Gold Mines Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wesdome Gold's current stock value. Our valuation model uses many indicators to compare Wesdome Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wesdome Gold competition to find correlations between indicators driving Wesdome Gold's intrinsic value. More Info.Wesdome Gold Mines is rated below average in return on equity category among related companies. It is rated fifth in return on asset category among related companies . At this time, Wesdome Gold's Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Wesdome Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Wesdome Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Wesdome Gold's earnings, one of the primary drivers of an investment's value.Wesdome Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wesdome Gold's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wesdome Gold could also be used in its relative valuation, which is a method of valuing Wesdome Gold by comparing valuation metrics of similar companies.Wesdome Gold is currently under evaluation in shares outstanding category among related companies.
Wesdome Fundamentals
| Return On Equity | -0.015 | ||||
| Return On Asset | 0.0054 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 1.59 B | ||||
| Shares Outstanding | 149.17 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 48.82 % | ||||
| Number Of Shares Shorted | 2.13 M | ||||
| Price To Earning | 34.72 X | ||||
| Price To Book | 3.68 X | ||||
| Price To Sales | 4.71 X | ||||
| Revenue | 333.17 M | ||||
| Gross Profit | 47.8 M | ||||
| EBITDA | 101.33 M | ||||
| Net Income | (6.19 M) | ||||
| Cash And Equivalents | 33.19 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 38.74 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 2.85 X | ||||
| Book Value Per Share | 2.87 X | ||||
| Cash Flow From Operations | 101.35 M | ||||
| Short Ratio | 2.45 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 11.67 | ||||
| Beta | 0.75 | ||||
| Market Capitalization | 1.59 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 | ||||
| Net Asset | 618.96 M |
About Wesdome Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wesdome Gold Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wesdome Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wesdome Gold Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Total Revenue | 333.2 M | 349.8 M | |
| Cost Of Revenue | 295.4 M | 310.2 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.07 | 0.04 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.30) | (0.32) | |
| Revenue Per Share | 2.26 | 2.37 | |
| Ebit Per Revenue | 0.02 | 0.01 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wesdome Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wesdome Gold's short interest history, or implied volatility extrapolated from Wesdome Gold options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wesdome Gold Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |