(WDO) Wesdome Gold Mines - Ratings and Ratios

Wesdome Gold Mines Ltd. (TO:WDO) is a Canadian gold and silver mining company with operations focused in Ontario and Québec. The company operates through two primary segments: Eagle River and Kiena. The Eagle River Mine, located in Wawa, Ontario, covers approximately 7,958 hectares and includes 3 contiguous mining leases and 426 active mining claims. The Kiena Mine is situated in Val dOr, Québec. The company, originally founded in 1945 as River Gold Mines Ltd., rebranded as Wesdome Gold Mines Ltd. in February 2006 and is headquartered in Toronto, Canada. For more information, visit https://www.wesdome.com.

Wesdomes operations are centered on underground gold and silver production, with a focus on high-grade deposits. The Eagle River Mine has been a consistent contributor to the companys production, while the Kiena Mine, acquired in 2015, represents a significant growth asset. Both mines are supported by established infrastructure, including milling facilities, allowing Wesdome to maintain operational efficiency and cost control. The companys strategic focus is on increasing reserves and resources through exploration and development, ensuring long-term sustainability.

As of the latest data, Wesdomes stock is trading at $16.97 CAD with a 20-day average volume of 598,900 shares. The stock is currently hovering near its 20-day simple moving average (SMA) of $16.98, indicating a period of consolidation. The 50-day SMA of $15.90 and 200-day SMA of $13.76 suggest upward momentum over the medium to long term. The average true range (ATR) of 0.78 reflects moderate volatility.

From a fundamental perspective, Wesdome has a market capitalization of $2,549.47 million CAD, with a trailing P/E ratio of 18.86 and a forward P/E of 8.64, indicating expectations of future earnings growth. The P/B ratio of 4.43 points to a premium valuation relative to book value, while the P/S ratio of 4.57 highlights strong revenue multiples. The return on equity (RoE) of 23.73% underscores the companys profitability and efficient use of shareholder capital.