Wesdome Gold Mines (WDO) AI Stock Analysis

• Market Cap: C$3.01B
• Dividend Yield: N/A
• Average Volume (3M): 941.87K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 1.38
• Revenue Growth: 69.33%
• EPS Growth: 253.46%
• Country: CA
• Employees: 301
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.58
• Shares Outstanding: 150,969,210
• 10 Day Avg. Volume: 742,794
• 30 Day Avg. Volume: 941,870
• PEG Ratio: >-0.01
• Price to Book (P/B): 3.38
• Price to Sales (P/S): 3.46
• P/FCF Ratio: 15.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$26.83
• Price Target Upside: 21.79% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: C$23.00 ▲(4.40% Upside)

Wesdome Gold Mines' strong financial performance and record-breaking earnings results are the most significant factors driving the stock score. The company's robust profitability, minimal leverage, and improved cash flow generation position it well for future growth. However, technical indicators suggest short-term bearish momentum, and challenges at the Kiena mine present risks. Despite these, the stock's attractive valuation and strong earnings call sentiment contribute positively to the overall score.

Positive Factors

Revenue Growth

Significant revenue growth demonstrates strong demand and effective operations, positioning Wesdome for continued expansion in the gold market.

Cash Generation

Enhanced cash generation strengthens financial flexibility, allowing for reinvestment in growth opportunities and resilience against market fluctuations.

Operational Efficiency

Improved cost structure at Eagle River enhances profitability and competitive positioning, supporting sustainable operations and long-term success.

Negative Factors

Challenges at Kiena

Operational challenges at Kiena, including cost increases, could hinder production efficiency and impact overall company performance.

Labor Turnover Issues

Labor instability at Kiena may disrupt operations and increase costs, affecting the company's ability to maintain consistent production levels.

Permit Delays

Potential permit delays at Presqu'ile pose risks to operational timelines and could limit production capacity, affecting revenue generation.

Wesdome Gold Mines Business Overview & Revenue Model

Company Description

Wesdome Gold Mines Ltd. (WDO) is a Canadian gold mining company primarily engaged in the acquisition, exploration, and development of mineral properties in North America. The company operates two significant gold mining operations: the Kiena Mine in Quebec and the Eagle River Complex in Ontario. With a focus on sustainable mining practices, Wesdome is committed to producing high-quality gold while minimizing its environmental impact.

How the Company Makes Money

Wesdome Gold Mines generates revenue primarily through the production and sale of gold. The company mines gold ore from its operational sites, processes it, and sells the refined gold to various customers, including bullion dealers and other precious metal markets. Key revenue streams include the sale of gold bullion, which is influenced by global gold prices, and the extraction of gold from ore processed at its milling facilities. Additionally, Wesdome may benefit from partnerships with other mining companies or suppliers that enhance its operational efficiency or provide access to new markets. Factors contributing to its earnings include the prevailing gold prices, production volumes, and operational efficiency, as well as exploration success that can lead to the discovery of additional gold reserves.

Wesdome Gold Mines Financial Statement Overview

Summary

Wesdome Gold Mines exhibits a robust financial profile with strong profitability, minimal leverage, and improved cash flow generation. The company has effectively managed its operations to achieve high margins and growth, while maintaining a conservative balance sheet. This positions the company well for future growth and stability in the gold industry.

Income Statement

Wesdome Gold Mines shows strong income statement performance with a significant improvement in gross profit margin to 55.33% and net profit margin to 33.18% in TTM. Revenue growth rate of 11.50% indicates a positive trajectory. EBIT and EBITDA margins are robust at 50.73% and 63.79%, respectively, reflecting operational efficiency. The company has successfully turned around from previous losses, showcasing strong profitability.

Balance Sheet

The balance sheet is solid with a very low debt-to-equity ratio of 0.05%, indicating minimal leverage and financial risk. Return on equity is impressive at 39.21%, suggesting effective use of equity capital. The equity ratio stands at 80.21%, highlighting a strong equity base relative to total assets. Overall, the balance sheet reflects financial stability and prudent management.

Cash Flow

Cash flow performance is strong with a 33.03% growth in free cash flow, indicating improved cash generation capabilities. The operating cash flow to net income ratio is high at 4.47, demonstrating efficient cash conversion. Free cash flow to net income ratio is 0.45, showing a healthy cash flow relative to profits. The company has significantly improved its cash flow position, enhancing financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	809.06M	558.18M	333.17M	265.48M	262.91M	215.47M
Gross Profit	469.97M	241.86M	37.75M	51.11M	117.29M	90.08M
EBITDA	528.31M	307.74M	93.63M	46.58M	218.37M	102.95M
Net Income	288.72M	135.47M	-6.19M	-14.71M	131.29M	50.72M
Balance Sheet
Total Assets	1.04B	746.65M	618.96M	619.13M	553.72M	358.58M
Cash, Cash Equivalents and Short-Term Investments	265.89M	123.10M	41.37M	33.19M	56.76M	63.48M
Total Debt	268.00K	881.00K	42.46M	63.98M	14.57M	11.51M
Total Liabilities	204.85M	175.84M	191.66M	220.61M	158.54M	95.73M
Stockholders Equity	830.31M	570.82M	427.30M	398.52M	395.18M	262.85M
Cash Flow
Free Cash Flow	189.67M	121.50M	319.00K	-80.76M	-12.51M	33.86M
Operating Cash Flow	375.17M	240.97M	101.35M	65.21M	130.96M	102.29M
Investing Cash Flow	-191.04M	-119.31M	-98.59M	-146.22M	-132.51M	-67.53M
Financing Cash Flow	-760.00K	-39.93M	5.42M	57.44M	-5.16M	-6.94M

Wesdome Gold Mines Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WDO, the sentiment is Positive. The current price of 22.03 is above the 20-day moving average (MA) of 21.42, above the 50-day MA of 20.98, and above the 200-day MA of 17.96, indicating a bullish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 56.31 is Neutral, neither overbought nor oversold. The STOCH value of 80.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:WDO.

Wesdome Gold Mines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	78 Outperform	C$4.22B	14.08	46.21%	―	81.13%	234.33%
WDO	76 Outperform	C$3.01B	12.40	42.97%	―	69.33%	253.46%
CG	75 Outperform	C$3.51B	7.54	18.39%	1.65%	3.93%	247.84%
CXB	69 Neutral	―	―	―	―	20.03%	-46.48%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ORA	51 Neutral	―	―	―	―	39.55%	-89.48%
AAUC	41 Neutral	C$2.55B	-10.40	-14.03%	―	49.65%	71.84%

Wesdome Gold Mines Corporate Events

Wesdome Gold Mines’ Earnings Call Highlights Strong Performance

Wesdome Gold Mines’ recent earnings call painted a picture of strong financial performance and operational success, particularly at the Eagle River mine. The company reported significant cash generation and exploration potential, although challenges at the Kiena mine, such as labor issues and potential permit delays, remain a concern. Despite these hurdles, Wesdome’s proactive measures and robust financial position suggest a cautiously optimistic outlook.

Wesdome Gold Mines Achieves Record Q3 2025 Financial Results

Wesdome Gold Mines Ltd reported strong financial results for the third quarter of 2025, achieving new records in net income, EBITDA, and free cash flow. The company saw a 12% increase in gold production compared to the previous year, with significant improvements in safety performance and operational efficiency. The Eagle River mine exceeded expectations with high production levels, while the Kiena mine is expected to improve its operational flexibility in the coming months. The company also received approval to buy back a portion of its shares, indicating confidence in its financial position.

The most recent analyst rating on (TSE:WDO) stock is a Hold with a C$25.00 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.

Wesdome Gold Mines Achieves Record Q3 2025 Financial Results

Wesdome Gold Mines Ltd reported record financial results for the third quarter of 2025, with significant increases in net income, EBITDA, and cash flow. The company achieved a 12% increase in gold production and improved safety performance, while also expanding its operating margins. The strong financial performance is attributed to higher gold prices and operational efficiencies at its Eagle River and Kiena mines. Wesdome is well-positioned to meet its revised guidance and maintain strong free cash flow yields, despite adjusting Kiena’s production and cost guidance due to operational challenges.

The most recent analyst rating on (TSE:WDO) stock is a Hold with a C$25.00 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.

Wesdome Discovers New Mineralized Zone at Kiena’s Dubuisson Deposit

Wesdome Gold Mines Ltd has announced the discovery of a new mineralized zone at the Dubuisson deposit within its Kiena Mine Complex. This new zone, intersected by drill hole DB-25-068, returned 4.1 g/t Au over 25.8 metres, indicating significant potential for resource expansion and future bulk-tonnage mineralization. The discovery is strategically significant due to its proximity to existing infrastructure and its geological similarities to the adjacent Goldex mine. The ongoing drilling campaign aims to further explore this underexplored deposit, with plans for additional drilling in the coming year.

The most recent analyst rating on (TSE:WDO) stock is a Buy with a C$25.00 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.

Wesdome Gold Mines Achieves Record Quarterly Production in Q3 2025

Wesdome Gold Mines Ltd reported record quarterly gold production for Q3 2025, driven by exceptional performance at its Eagle River mine. Despite challenges at the Kiena mine, which faced a longer than planned hoist shutdown, the company remains on track to meet its full-year production guidance. With strong production and high gold prices, Wesdome has strengthened its financial position, holding $266 million in cash and over $600 million in total liquidity. The company has filed a notice for a normal course issuer bid and continues to focus on responsible mining, as highlighted in its recent Environmental, Social, and Governance Report.

The most recent analyst rating on (TSE:WDO) stock is a Buy with a C$28.00 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.

Wesdome Gold Mines Announces Share Repurchase Plan

Wesdome Gold Mines Ltd. announced its intention to initiate a Normal Course Issuer Bid (NCIB) to repurchase up to 2% of its public float over the next 12 months, pending approval from the Toronto Stock Exchange. This move reflects the company’s strong financial position, with no debt and a growing cash reserve, allowing it to fund growth initiatives while returning capital to shareholders through share repurchases. The NCIB is seen as a strategic use of liquidity to enhance per-share value, demonstrating Wesdome’s commitment to disciplined capital allocation and shareholder value.

The most recent analyst rating on (TSE:WDO) stock is a Buy with a C$28.00 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.

Wesdome Gold Mines Appoints New CFO to Strengthen Financial Leadership

Wesdome Gold Mines Ltd has appointed Philip C. Yee as the new Chief Financial Officer, effective September 29, 2025. Yee brings extensive experience in the mining industry, having previously served in senior financial roles at major gold companies. This strategic appointment is expected to enhance Wesdome’s financial leadership as it continues to focus on long-term value creation. The company is also searching for a new audit chair following Yee’s resignation from the position.

The most recent analyst rating on (TSE:WDO) stock is a Hold with a C$25.00 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.

Wesdome Gold Mines Extends High-Grade Zone at Eagle River

Wesdome Gold Mines Ltd. announced significant exploration updates at its Eagle River mine, highlighting the extension of the high-grade 6 Central Zone by 300 meters. The exploration results, including high-grade intercepts, suggest strong potential for resource expansion and future resource conversion. The company is also making progress in other zones, such as the Falcon 311 and 720 Falcon Zones, with promising drilling results indicating potential for mineable inventory additions and exploration expansion. These developments underscore Wesdome’s commitment to enhancing its resource base and strengthening its position in the gold mining sector.

The most recent analyst rating on (TSE:WDO) stock is a Buy with a C$19.00 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.

Wesdome Gold Mines’ Earnings Call: Record Gains Amid Challenges

Wesdome Gold Mines’ recent earnings call painted a mixed picture, highlighting a record-breaking financial performance juxtaposed with operational hurdles at Kiena. While Eagle River’s robust results and strategic initiatives like the acquisition of Angus Gold offer promising growth prospects, challenges at Kiena, including equipment availability and increased production costs, present significant obstacles.

Wesdome Gold Mines Reports Record Q2 2025 Financial Performance

Wesdome Gold Mines Ltd reported strong financial results for the second quarter of 2025, with significant improvements in safety performance and financial metrics. The company achieved record net income, EBITDA, and liquidity, driven by higher gold prices and strategic operational enhancements. The acquisition of Angus Gold has expanded the Eagle River land package, and the company is focused on improving production capabilities at both Eagle River and Kiena, with updated full-year guidance reflecting these efforts.

The most recent analyst rating on (TSE:WDO) stock is a Buy with a C$17.50 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.