Wesdome Gold Mines Stock Price on November 20, 2024

WDO Stock  CAD 14.38  0.39  2.79%   
Below is the normalized historical share price chart for Wesdome Gold Mines extending back to December 18, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wesdome Gold stands at 14.38, as last reported on the 11th of December 2024, with the highest price reaching 14.49 and the lowest price hitting 14.03 during the day.
200 Day MA
11.788
50 Day MA
12.3656
Beta
0.9
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Wesdome Stock, it is important to understand the factors that can impact its price. As of now, Wesdome Stock is not too volatile. Wesdome Gold Mines shows Sharpe Ratio of 0.0485, which attests that the company had a 0.0485% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wesdome Gold Mines, which you can use to evaluate the volatility of the company. Please check out Wesdome Gold's Downside Deviation of 1.99, mean deviation of 1.82, and Market Risk Adjusted Performance of 0.2849 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
  
At this time, Wesdome Gold's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 649.9 M, while Common Stock Shares Outstanding is likely to drop about 87.7 M. . At this time, Wesdome Gold's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 3,746, while Price To Sales Ratio is likely to drop 3.25. Wesdome Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0485

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Estimated Market Risk

 2.31
  actual daily
20
80% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Wesdome Gold is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wesdome Gold by adding it to a well-diversified portfolio.
Price Book
3.9701
Enterprise Value Ebitda
8.4683
Price Sales
4.3884
Shares Float
149.6 M
Wall Street Target Price
15.8929

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Wesdome Gold Valuation on November 20, 2024

It is possible to determine the worth of Wesdome Gold on a given historical date. On November 20, 2024 Wesdome was worth 11.78 at the beginning of the trading date compared to the closed value of 11.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wesdome Gold stock. Still, in general, we apply an absolute valuation method to find Wesdome Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wesdome Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wesdome Gold's related companies.
 Open High Low Close Volume
  12.07    12.07    11.66    11.86    340,244  
11/20/2024
  11.78    12.10    11.78    11.97    300,856  
  12.05    12.07    11.84    12.01    413,285  
Backtest Wesdome Gold  |  Wesdome Gold History  |  Wesdome Gold Valuation   PreviousNext  
Open Value
11.78
11.97
Closing Value
18.71
Upside

Wesdome Gold Trading Date Momentum on November 20, 2024

On November 21 2024 Wesdome Gold Mines was traded for  12.01  at the closing time. The maximum traded price for the trading interval was 12.07  and the lowest daily price was  11.84 . The daily volume was recorded at 413.3 K. The volume of trading on 21st of November 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 0.33% . The trading price change to the closing price today is 2.09% .

Wesdome Gold Mines Fundamentals Correlations and Trends

By evaluating Wesdome Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wesdome Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wesdome financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wesdome Gold Stock history

Wesdome Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wesdome is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wesdome Gold Mines will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wesdome Gold stock prices may prove useful in developing a viable investing in Wesdome Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding147.6 M87.7 M
Net Loss-16.9 M-16.1 M

Wesdome Gold Stock Technical Analysis

Wesdome Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Wesdome Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wesdome Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wesdome Gold Period Price Range

Low
December 11, 2024
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High

 0.00 

     

 0.00 

Wesdome Gold Mines cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Wesdome Gold December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Wesdome Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wesdome Gold shares will generate the highest return on investment. By undertsting and applying Wesdome Gold stock market strength indicators, traders can identify Wesdome Gold Mines entry and exit signals to maximize returns

Wesdome Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wesdome Gold's price direction in advance. Along with the technical and fundamental analysis of Wesdome Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wesdome to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Wesdome Stock

Wesdome Gold financial ratios help investors to determine whether Wesdome Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wesdome with respect to the benefits of owning Wesdome Gold security.