Wesdome Gold Mines (WDO) AI Stock Analysis

• Market Cap: C$2.54B
• Dividend Yield: N/A
• Average Volume (3M): 769.38K
• Price to Earnings (P/E): 13.8
• Beta (1Y): 1.43
• Revenue Growth: 80.44%
• EPS Growth: 3757.72%
• Country: CA
• Employees: 301
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Gold
• EPS (TTM): 0.42
• Shares Outstanding: 150,929,550
• 10 Day Avg. Volume: 598,552
• 30 Day Avg. Volume: 769,379
• PEG Ratio: 0.36
• Price to Book (P/B): 4.13
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.78
• 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$23.10
• Price Target Upside: 34.07% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 73 Outperform
• Price Target: C$19.50 ▲(13.17%Upside)

Wesdome Gold Mines benefits from strong financial performance and positive earnings call insights, which highlight robust growth and strategic initiatives. Moderately bearish technical indicators and reasonable valuation provide mixed signals, though the strategic acquisition efforts and liquidity enhancements support long-term prospects.

Positive Factors

Acquisition

The acquisition of Angus Gold significantly increases its land package at Eagle River, aligning with the company's commitment to organic growth.

Mine Optimization

Wesdome is focusing on mine optimization, including a strategy to fully capitalize on historically underutilized mills.

Production Expectations

Eagle River appears on track to meet or exceed the higher end of its production expectations.

Negative Factors

Gold Production

At Kiena, gold production was slightly lower than expected due to lower grades.

Production Guidance

Q1 numbers at Kiena were slightly lower than expected, with throughput below the 20% of 2025 guidance.

Wesdome Gold Mines Business Overview & Revenue Model

Company Description

Wesdome Gold Mines Ltd. is a Canadian-based mining company focused on the exploration, development, and production of gold. The company operates mainly in the mining sector, with its primary operations located in Canada. Wesdome is committed to delivering shareholder value through the efficient and sustainable extraction of gold resources, primarily from its core assets, the Eagle River Complex in Ontario, and the Kiena Complex in Quebec.

How the Company Makes Money

Wesdome Gold Mines makes money primarily through the extraction and sale of gold. The company generates revenue by mining gold ore from its active properties, processing it to extract gold, and then selling the refined gold in the market. Key revenue streams include the sale of gold bullion and, occasionally, by-products like silver that are extracted during the gold mining process. Significant factors contributing to its earnings include the market price of gold, production efficiency, and operational cost management. Wesdome may also engage in strategic partnerships or joint ventures to optimize resource development and risk management, though specific partnerships are not detailed here.

Wesdome Gold Mines Financial Statement Overview

Summary

Wesdome Gold Mines shows a strong financial position with robust revenue growth, healthy profit margins, and effective cash flow management. The low leverage and high equity ratios provide stability in the cyclical gold industry, although continuous monitoring of asset management is advised.

Income Statement

Wesdome Gold Mines has shown a strong trajectory in revenue growth, with a significant increase in Total Revenue from previous years. The Gross Profit Margin for TTM is approximately 49.8%, and the Net Profit Margin is about 29.0%, indicating robust profitability. The EBIT and EBITDA margins are also healthy at 43.9% and 60.0%, respectively, showcasing efficient operations. The overall positive trends in margin metrics suggest a stable and profitable income structure, despite past fluctuations in net income due to the cyclical nature of the gold industry.

Balance Sheet

The company's balance sheet is solid with a low Debt-to-Equity Ratio of approximately 0.001, indicating minimal leverage. The Return on Equity is quite strong at approximately 29.4%, reflecting effective use of equity capital. The Equity Ratio stands at 77.9%, which suggests a conservative capital structure with a substantial equity buffer. While the balance sheet is healthy, close monitoring of asset management and liabilities is advisable, particularly in light of the gold industry's volatility.

Cash Flow

Wesdome Gold Mines demonstrates strong cash flow management with a robust Free Cash Flow in the latest TTM period. The Operating Cash Flow to Net Income Ratio is around 1.46, indicating strong cash conversion from earnings. The Free Cash Flow to Net Income Ratio is approximately 0.79, reflecting efficient capital expenditure management. There is also notable growth in Free Cash Flow, showcasing the company's ability to generate surplus liquidity for reinvestment or debt reduction. Continued attention to maintaining this positive cash flow trajectory is essential for future growth.

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

Wesdome Gold Mines Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 17.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WDO, the sentiment is Neutral. The current price of 17.23 is below the 20-day moving average (MA) of 17.64, below the 50-day MA of 18.50, and above the 200-day MA of 15.40, indicating a neutral trend. The MACD of -0.42 indicates Positive momentum. The RSI at 42.37 is Neutral, neither overbought nor oversold. The STOCH value of 30.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	75 Outperform	C$3.54B	14.21	39.28%	―	105.06%	481.75%
WDO	73 Outperform	C$2.54B	13.79	34.73%	―	80.44%	3757.72%
CG	72 Outperform	$2.05B	34.27	2.63%	2.86%	1.58%	-21.40%
ORA	59 Neutral	C$2.74B	―	-43.50%	2.76%	42.46%	-2626.56%
AAUC	59 Neutral	C$2.05B	―	-28.89%	―	38.21%	50.26%
Sector *	44 Neutral	C$967.98M	-6.85	-13.73%	2.54%	17.43%	-32.84%

Wesdome Gold Mines Corporate Events

Wesdome Gold Mines On Track with Strong Q2 2025 Results

Wesdome Gold Mines Ltd announced its Q2 2025 production results, showing a solid performance with total gold production slightly down by 3% compared to the previous year but a 14% increase year-to-date. The company remains on track to meet its full-year production guidance, with Eagle River performing strongly and Kiena facing some equipment constraints but showing potential for improvement. The strategic acquisition of Angus Gold and an increased credit facility reflect Wesdome’s commitment to growth and investment in its asset base.

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.

Wesdome Gold Mines Completes Acquisition of Angus Gold

Wesdome Gold Mines Ltd has successfully acquired all outstanding shares of Angus Gold Inc., making it a wholly owned subsidiary. This acquisition, particularly of the Angus property adjacent to Wesdome’s Eagle River Mine, is expected to enhance the company’s long-term growth potential and support its disciplined growth strategy by consolidating regional land packages.

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.

Wesdome Gold Mines Reports Promising Exploration Results at Kiena Mine

Wesdome Gold Mines Ltd has announced significant progress in its exploration activities at the Kiena mine, with high-grade mineralization results from its drilling program. The company’s exploration efforts have been bolstered by new underground drill platforms, allowing for expanded reach and improved precision. The results from the Kiena Deep and Footwall Zones, as well as the B Zone and Wish Area, indicate potential for resource growth and efficient development, reinforcing Wesdome’s strategy to increase production levels. The ongoing exploration program, including upcoming surface and underground drilling, aims to further unlock the potential of the Kiena mine.

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.

Wesdome Gold Mines Expands Credit Facility to US$300 Million

Wesdome Gold Mines Ltd. has successfully amended and restated its credit agreement to upsize its revolving credit facility to US$300 million and extend its maturity to June 2028. This expansion, supported by a syndicate of lenders, reflects confidence in Wesdome’s asset quality and growth strategy, allowing the company to focus on acquisitions, investments, and mine development, thereby enhancing its position as a disciplined gold producer.

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.

Wesdome Announces Interim CFO Amid Leadership Transition

Wesdome Gold Mines Ltd. announced a change in its senior management team, with Fernando Ragone departing and Raj Gill stepping in as interim Chief Financial Officer. This transition is part of the company’s ongoing efforts to strengthen its leadership team, with an executive search firm engaged to find a permanent CFO. Raj Gill, who joined Wesdome in 2020 and has extensive experience in the mining industry, is expected to lead the finance function effectively during this interim period.

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.

Wesdome Gold Mines Announces Successful Shareholder Meeting Outcomes

Wesdome Gold Mines Ltd announced the results of its 2025 annual general meeting, where all proposed matters were approved by shareholders. This includes the election of directors, appointment of Ernst & Young LLP as auditors, and an advisory vote on executive compensation. The approvals reflect shareholder confidence in the company’s strategic direction and governance.

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.

Wesdome Gold Mines Reports Strong Q1 2025 Results and Strategic Acquisition

Wesdome Gold Mines Ltd reported a strong financial performance in the first quarter of 2025, with a significant increase in gold production and reduced costs. The company achieved record net income and EBITDA, driven by higher gold prices and increased sales volumes. The strategic acquisition of Angus Gold is expected to enhance Wesdome’s operational capabilities and expand its land package, positioning the company for future growth and value creation.

The most recent analyst rating on (TSE:WDO) stock is a Buy with a C$15.00 price target. To see the full list of analyst forecasts on Wesdome Gold Mines stock, see the TSE:WDO Stock Forecast page.