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TSE:WDO
Hasn’t followed this closely, but there was some recent chatter about somebody buying it out. They hit a drill hole in August that looked promising, so there is a little bit of froth on it. A pretty steady producer over the years, not a lot of reserves and not a lot of reserve growth. If the chatter proves to be true and the holes are repeated, you are probably going to do okay.
Wesdome Gold Mines Ltd. is a Canadian stock, trading under the symbol WDO.TO (previously WDO-T on Stockchase) on the Toronto Stock Exchange (WDO-CT). It is usually referred to as TSX:WDO or WDO.TO
In the last year, no analyst issued a Buy, Sell, or Hold rating on WDO.TO (previously WDO-T on Stockchase) on Stockchase. Read the latest expert commentary for Wesdome Gold Mines Ltd..
Wesdome Gold Mines Ltd. was recommended as a Top Pick by John Embry on 2006-04-17. Read the latest stock experts ratings for Wesdome Gold Mines Ltd..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Wesdome Gold Mines Ltd..
Wesdome Gold Mines Ltd. is followed by 17 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-19, Wesdome Gold Mines Ltd. (WDO.TO) stock closed at a price of $24.48.
EPS of -2c slightly missed estimates. Revenue of $75M missed estimates by 10%.
EBITDA of $21.3M missed by 8%.
Gold sales fell 16% yet all-in costs rose 18%. 2023 forecast is for 120,000 ounces, up from 111,000. Its problems are not unique as costs continue to rise.
But we need to see better production growth to offset it. If production grows 10% and costs rise 18%, it is going backwards.
We think it is OK generally, and the balance sheet is fine.
But it is hard to make a strong case for keeping it this year.
It is a bit expensive (because earnings have declined).
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