First Time Loading...
W

Wesdome Gold Mines Ltd
TSX:WDO

Watchlist Manager
Wesdome Gold Mines Ltd
TSX:WDO
Watchlist
Price: 10.09 CAD 2.85%
Updated: Mar 29, 2024

Intrinsic Value

Wesdome Gold Mines Ltd. is a mining exploration company, which engages in the provision of acquisition, exploration, evaluation, and development of gold properties. [ Read More ]

The intrinsic value of one WDO stock under the Base Case scenario is 11.2 CAD. Compared to the current market price of 10.09 CAD, Wesdome Gold Mines Ltd is Undervalued by 10%.

Key Points:
WDO Intrinsic Value
Base Case
11.2 CAD
Undervaluation 10%
Intrinsic Value
Price
W
Worst Case
Base Case
Best Case

Valuation Backtest
Wesdome Gold Mines Ltd

Backtest WDO Intrinsic Value
Dive into the past to invest in the future

Run backtest to discover the historical profit from buying and selling WDO stocks based on their intrinsic value.

Analyze the historical link between intrinsic value and market price to make more informed investment decisions.

Run Backtest
Settings
Valuation Methods
Buy/Sell Thresholds
Buy When:
%
Sell When:
%
B
S
Run Backtest
How does it work?

Fundamental Analysis

Wesdome Gold Achieves Strategic Goals, Expects Growth
2023-Q4 Earnings Call

Wesdome Gold Achieves Strategic Goals, Expects Growth

Wesdome Gold Mines achieved its strategic imperatives for 2023, hitting its production guidance midpoints and strengthening its balance sheet. With development advancing ahead of schedule, especially at Kiena, the company foresees a significant uptick in production. A 12% increase in corporate reserves after depletion and consistent development grades at Eagle River bolster their potential for 2024 and 2025. Net cash increased by approximately $24 million, with $37.2 million in cash flow operations for Q4, signaling robust cash flow expected in the coming years. Higher grades at Kiena are anticipated to drive costs down, support strong cash flows, and facilitate the paydown of revolving credit by Q3.

Financials

Balance Sheet Decomposition
Wesdome Gold Mines Ltd

Current Assets 68.7m
Cash & Short-Term Investments 31.6m
Receivables 9.6m
Other Current Assets 27.5m
Non-Current Assets 536.7m
Long-Term Investments 4.5m
PP&E 527m
Other Non-Current Assets 5.2m
Current Liabilities 87.6m
Accounts Payable 34.6m
Accrued Liabilities 7.5m
Short-Term Debt 38.8m
Other Current Liabilities 6.7m
Non-Current Liabilities 93.4m
Long-Term Debt 1.5m
Other Non-Current Liabilities 91.9m
Efficiency

Earnings Waterfall
Wesdome Gold Mines Ltd

Revenue
306m CAD
Cost of Revenue
-278.9m CAD
Gross Profit
27.1m CAD
Operating Expenses
-27.5m CAD
Operating Income
-400k CAD
Other Expenses
-11.7m CAD
Net Income
-12.1m CAD

Free Cash Flow Analysis
Wesdome Gold Mines Ltd

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
Chart
Table
What is Free Cash Flow?
Fundamental Scores

WDO Profitability Score
Profitability Due Diligence

Wesdome Gold Mines Ltd's profitability score is 49/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Exceptional Revenue Growth Forecast
Negative Operating Income
Positive 3-Year Average ROE
49/100
Profitability
Score

Wesdome Gold Mines Ltd's profitability score is 49/100. The higher the profitability score, the more profitable the company is.

WDO Solvency Score
Solvency Due Diligence

Wesdome Gold Mines Ltd's solvency score is 56/100. The higher the solvency score, the more solvent the company is.

High Altman Z-Score
Low D/E
Long-Term Solvency
Positive Net Debt
56/100
Solvency
Score

Wesdome Gold Mines Ltd's solvency score is 56/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

WDO Price Targets Summary
Wesdome Gold Mines Ltd

Wall Street analysts forecast WDO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for WDO is 10.19 CAD with a low forecast of 7.22 CAD and a high forecast of 14.7 CAD.

Lowest
Price Target
7.22 CAD
28% Downside
Average
Price Target
10.19 CAD
1% Upside
Highest
Price Target
14.7 CAD
46% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

WDO Price
Wesdome Gold Mines Ltd

1M 1M
+11%
6M 6M
+42%
1Y 1Y
+30%
3Y 3Y
+22%
5Y 5Y
+139%
10Y 10Y
+1 282%
Annual Price Range
10.09
52w Low
6.53
52w High
10.21
Price Metrics
Average Annual Return 30.46%
Standard Deviation of Annual Returns 76.73%
Max Drawdown -63%
Shares Statistics
Market Capitalization 1.5B CAD
Shares Outstanding 149 174 000
Percentage of Shares Shorted 1.4%

WDO Return Decomposition
Main factors of price return

What is price return decomposition?

Company Profile

Wesdome Gold Mines Ltd

Country

Canada

Industry

Metals & Mining

Market Cap

1.5B CAD

Dividend Yield

0%

Description

Wesdome Gold Mines Ltd. is a mining exploration company, which engages in the provision of acquisition, exploration, evaluation, and development of gold properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2000-01-13. The firm's principal assets include the Eagle River Mine, the Mishi Mine and the Eagle River Mill located near Wawa, Ontario, together called the Eagle River Complex and the Kiena Mining and Milling Complex (Kiena Complex) and exploration properties located in Val D'Or, Quebec. The Eagle River Complex consists of two operating gold mines. The Complex consists of two claim groups totaling over 11,000 hectares and includes the Eagle River Underground Mine, the Mishi Open Pit Mine and common mineral processing facilities and permitted at 1,200 tonnes per day. The Kiena Mine Complex property consists of a contiguous group of 183 contiguous electronic map designated mining claims and one mining concession. The company covers approximately an area of 7,047 hectares.

Contact

ONTARIO
TORONTO
220 Bay Street, Suite 1200
+14163603743.0
https://www.wesdome.com/

IPO

2000-01-13

Employees

328

Officers

Chief Operating Officer
Mr. Frederic Mercier-Langevin
Senior Vice President of Corporate Development & Investor Relations
Mr. Rajbir Gill
Senior VP of Exploration & Resources
Mr. Michael Michaud M.Sc., P.Geo.
President , CEO & Director
Ms. Anthea Ingrid Bath
Interim Chief Financial Officer
Mr. Jonathan Singh
Vice President of Sustainability and Environment
Ms. Joanna Miller

See Also

Discover More
What is the Intrinsic Value of one WDO stock?

The intrinsic value of one WDO stock under the Base Case scenario is 11.2 CAD.

Is WDO stock undervalued or overvalued?

Compared to the current market price of 10.09 CAD, Wesdome Gold Mines Ltd is Undervalued by 10%.