WDO Stock Analysis: Wesdome Gold Mines | TO

Gold | TO, Canada | Market Cap: 4.019m CAD | 12M Return: 20.6% | CA95083R1001 | Charts, Fundamentals & Technical Analysis

Gold, Silver, Exploration, Development
Total Rating 51
Safety 15
Buy Signal -1.39
Gold
Industry Rotation: -38.0
Market Cap: 2.88B
Avg Turnover: 19.4M
Risk 3d forecast
Volatility64.0%
VaR 5th Pctl11.4%
VaR vs Median7.74%
Reward TTM
Sharpe Ratio0.54
Rel. Str. IBD57
Rel. Str. Peer Group63.5 pctl
Character TTM
Beta0.851
Beta Downside0.643
Hurst Exponent0.489
Choppyness63.0%
Drawdowns 3y
Max DD31.01%
CAGR/Max DD1.57
CAGR/Mean DD6.21
EPS (Earnings per Share) EPS (Earnings per Share) of WDO over the last years for every Quarter: "2021-09": 0.13, "2021-12": 0.17, "2022-03": 0.05, "2022-06": -0.04, "2022-09": -0.03, "2022-12": -0.02, "2023-03": 0.02, "2023-06": -0.03, "2023-09": -0.02, "2023-12": 0.02, "2024-03": 0.07, "2024-06": 0.19, "2024-09": 0.26, "2024-12": 0.38, "2025-03": 0.42, "2025-06": 0.52, "2025-09": 0.58, "2025-12": 0.78, "2026-03": null, "2026-06": 0.65,
Last SUE: 1.68
Qual. Beats: 3
Revenue Revenue of WDO over the last years for every Quarter: 2021-09: 67.548, 2021-12: 85.505, 2022-03: 66.694, 2022-06: 61.931, 2022-09: 61.823, 2022-12: 75.035, 2023-03: 76.701, 2023-06: 84.555, 2023-09: 69.696, 2023-12: 102.221, 2024-03: 100.922, 2024-06: 127.799, 2024-09: 146.852, 2024-12: 182.611, 2025-03: 187.618, 2025-06: 208.548, 2025-09: 230.284, 2025-12: 287.875, 2026-03: 299.793, 2026-06: 266.764,
Rev. CAGR: 64.38%
Rev. Trend: 99.6%
Last SUE: -0.89
Qual. Beats: -1

Warnings

Beneish M-Score Likely Earnings Manipulation
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.8 years of data

Jan -3.0% 21
Feb +10.0% 23
Mar +1.8% 20
Apr -1.2% 20
May +2.7% 8
Jun -0.4% 10
Jul +5.3% 19
Aug +0.1% 16
Sep -4.6% 5
Oct -3.0% 16
Nov -0.3% 0
Dec -4.5% 17

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: WDO Wesdome Gold Mines

Wesdome Gold Mines Ltd. is a Canadian gold and silver mining company with operations and exploration activities centered on its Eagle River and Kiena mines in Ontario and Québec. It holds a 100% interest in both properties and is headquartered in Toronto.

As a gold producer, the company’s results are influenced by production, operating costs and market prices for gold. Wesdome was founded in 1945 and adopted its current name in 2006.

Headlines to Watch Out For
  • Gold-price gains lift revenue, while Canadian-dollar strength pressures margins
  • Kiena ramp-up and shaft throughput drive production growth and unit costs
  • Eagle River grades and exploration shape reserve replacement and mine life
Piotroski VR-10 (Strict) 7.5
Net Income: 417.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.28 > 0.02 and ΔFCF/TA 12.34 > 1.0
NWC/Revenue: 37.07% < 20% (prev 27.46%; Δ 9.61% < -1%)
CFO/TA 0.42 > 3% & CFO 523.1m > Net Income 417.2m
Net Debt (-383.5m) to EBITDA (719.9m): -0.53 < 3
Current Ratio: 6.90 > 1.5 & < 3
Outstanding Shares: last quarter (148.8m) vs 12m ago -1.72% < -2%
Gross Margin: 60.60% > 18% (prev 55.33%; Δ 5.28% > 0.5%)
Asset Turnover: 99.60% > 50% (prev 77.77%; Δ 21.83% > 0%)
Interest Coverage Ratio: 251.9 > 6 (EBIT TTM 622.9m / Interest Expense TTM 2.47m)
Altman Z'' 10.00
A: 0.32 (Total Current Assets 470.3m - Total Current Liabilities 68.2m) / Total Assets 1.25b
B: 0.59 (Retained Earnings 740.2m / Total Assets 1.25b)
C: 0.57 (EBIT TTM 622.9m / Avg Total Assets 1.09b)
D: 4.66 (Book Value of Equity 1.03b / Total Liabilities 219.8m)
Altman-Z'' = 12.80 = AAA
Beneish M -1.16
DSRI: 1.01 (Receivables 32.4m/21.5m, Revenue 1.08b/725.6m)
GMI: 0.91 (GM 55.33% / 60.60%)
AQI: 3.68 (AQ_t 0.07 / AQ_t-1 0.02)
SGI: 1.49 (Revenue 1.08b / 725.6m)
TATA: -0.09 (NI 417.2m - CFO 523.1m) / TA 1.25b)
Beneish M = -1.16 (Cap -4..+1) = D
What is the price of WDO shares?

As of November 01, 2026, the stock is trading at CAD 25.56 with a total of 660,014 shares traded. Over the past week, the price has changed by -8.71%, over one month by -27.28%, over three months by -4.68% and over the past year by +20.56%.

Current recommended Stop Loss: 23.60 (which is 7.7% or 1.4 ATR below the current price).

Is WDO a buy, sell or hold?

Wesdome Gold Mines has no consensus analysts rating.

Wesdome Gold Mines (WDO) - Fundamental Data Overview as of 27 October 2026
Market Cap USD = 2.88b (4.02b CAD * 0.7156 CAD.USD)
P/E Trailing = 9.7902
P/E Forward = 9.0416
P/S = 3.7053
P/B = 4.5277
Revenue TTM = 1.08b CAD
EBIT TTM = 622.9m CAD
EBITDA TTM = 719.9m CAD
Long Term Debt = 2.63m CAD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 5.10m CAD (from shortTermDebt, last quarter)
Debt = 7.45m CAD (from shortLongTermDebtTotal, last quarter) (leases 7.45m already included)
Net Debt = -383.5m CAD (calculated: Debt 7.45m - CCE 390.9m)
Enterprise Value = 3.64b CAD (4.02b + Debt 7.45m - CCE 390.9m)
Interest Coverage Ratio = 251.9 (Ebit TTM 622.9m / Interest Expense TTM 2.47m)
EV/FCF = 10.57x (Enterprise Value 3.64b / FCF TTM 343.9m)
FCF Yield = 9.46% (FCF TTM 343.9m / Enterprise Value 3.64b)
FCF Margin = 31.70% (FCF TTM 343.9m / Revenue TTM 1.08b)
Net Margin = 38.46% (Net Income TTM 417.2m / Revenue TTM 1.08b)
Gross Margin = 60.60% ((Revenue TTM 1.08b - Cost of Revenue TTM 427.3m) / Revenue TTM)
Gross Margin QoQ = 57.31% (prev 62.89%)
Tobins Q-Ratio = 2.92 (Enterprise Value 3.64b / Total Assets 1.25b)
Interest Expense / Debt = 33.18% (Interest Expense 2.47m / Debt 7.45m)
Taxrate = 33.15% (206.9m / 624.0m)
NOPAT = 416.4m (EBIT 622.9m * (1 - 33.15%))
Current Ratio = 6.90 (Total Current Assets 470.3m / Total Current Liabilities 68.2m)
Debt / Equity = 0.01 (Debt 7.45m / totalStockholderEquity, last quarter 1.03b)
Debt / EBITDA = -0.53 (Net Debt -383.5m / EBITDA 719.9m)
Debt / FCF = -1.12 (Net Debt -383.5m / FCF TTM 343.9m)
Total Stockholder Equity = 953.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 38.31% (Net Income 417.2m / Total Assets 1.25b)
RoE = 43.77% (Net Income TTM 417.2m / Total Stockholder Equity 953.1m)
RoCE = 65.17% (EBIT 622.9m / Capital Employed (Equity 953.1m + L.T.Debt 2.63m))
RoIC = 36.92% (NOPAT 416.4m / Invested Capital 1.13b)
WACC = 8.53% (E(4.02b)/V(4.03b) * Re(8.50%) + D(7.45m)/V(4.03b) * Rd(33.18%) * (1-Tc(0.33)))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -5.09 | Cagr: -0.38%
[DCF] Terminal Value 77.40% ; FCFF base≈263.4m ; Y1≈301.9m ; Y5≈444.3m
[DCF] Fair Price = 47.86 (EV 6.49b - Net Debt -383.5m = Equity 6.87b / Shares 143.5m; r=8.53% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.68 | # QB: 3
Revenue Correlation: 99.64 | Revenue CAGR: 64.38% | SUE: -0.89 | # QB: -1
EPS current Quarter (2026-09-30): EPS=0.58 | Chg30d=-35.21% | Revisions=+17% | Analysts=7
EPS current Year (2026-12-31): EPS=2.80 | Chg30d=-7.51% | Revisions=-10% | GrowthEPS=+21.6% | GrowthRev=+25.8%
EPS next Year (2027-12-31): EPS=3.62 | Chg30d=-6.90% | Revisions=-40% | GrowthEPS=+29.4% | GrowthRev=+17.3%
[Analyst] Revisions Ratio: -13% (up=5, down=7)