Wesdome Gold Mines Stock Net Income
| WDO Stock | CAD 10.30 0.54 4.98% |
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.
| Last Reported | Projected for Next Year | ||
| Net Loss | -6.2 M | -5.9 M | |
| Net Loss | -6.2 M | -5.9 M | |
| Net Loss | -16.9 M | -16.1 M | |
| Net Loss | (0.04) | (0.04) | |
| Net Income Per E B T | 0.97 | 0.75 |
Wesdome | Net Income |
Wesdome Gold Mines Company Net Income Analysis
Wesdome Gold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Wesdome Gold Net Income | (6.19 M) |
Most of Wesdome Gold's fundamental indicators, such as Net Income, 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 Net Income 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 Net Income. 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
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Wesdome Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Wesdome Gold Mines reported net income of (6.19 Million). This is 48.59% lower than that of the Metals & Mining sector and 95.54% lower than that of the Materials industry. The net income for all Canada stocks is 101.08% higher than that of the company.
Wesdome Net Income 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 Net Income 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 net income 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 | 1.54 B | ||||
| Shares Outstanding | 149.17 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 48.84 % | ||||
| 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 | 11.84 | ||||
| Beta | 0.75 | ||||
| Market Capitalization | 1.54 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.
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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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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