Analysts rate Wesdome Gold Mines Ltd. with a consensus Strong Buy rating and a 12-month average target price of $16.78 per share.
This week National Bank of Canada maintained Wesdome Gold Mines Ltd. with an Outperform rating and lowered the target price to $15 from $16 on the company’s stock.
Based on the Wesdome Gold Mines Ltd. stock forecasts from 8 analysts, the average analyst target price for Wesdome Gold Mines Ltd. is CAD 16.78 over the next 12 months. Wesdome Gold Mines Ltd.’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Wesdome Gold Mines Ltd. is Slightly Bullish , which is based on 8 positive signals and 5 negative signals. At the last closing, Wesdome Gold Mines Ltd.’s stock price was CAD 9.22. Wesdome Gold Mines Ltd.’s stock price has changed by -15.80% over the past week, -5.53% over the past month and -26.94% over the last year.
About Wesdome Gold Mines Ltd. (WDO:CA:TSX)
Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. It principally produces gold in the form of doré bars, as well as silver as a by-product. The company’s properties include the Eagle River Complex that consists of the Eagle River Mine, the Mishi Mine, and the Eagle River Mill located in Wawa, Ontario; and the Kiena Mine Complex, which includes the Kiena Mine concession and Kiena Mill situated in Val-d’Or, Québec. Wesdome Gold Mines Ltd. is based in Toronto, Canada.
What we like:
Superior risk adjusted returns
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
Superior capital utilization
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
Superior return on assets
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
Positive free cash flow
The company had positive total free cash flow in the most recent four quarters.
Superior Earnings Growth
This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.
Superior Revenue Growth
This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.
High Gross Profit to Asset Ratio
This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.
What we don’t like:
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Overpriced on free cash flow basis
The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
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