Wesdome Gold Mines

WDO.TO

Gold · Basic Materials

Also trades as: 0VOA.L · WDOFF

Price

C$34.97

+0.78 (+2.28%)

Market Cap

C$5.19B

Exchange

Toronto Stock Exchange

Winston Score

Winston is happy

A high-quality business with solid fundamentals.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Exceptional

Growth

Exceptional

Cash Flow

Exceptional

Stability

Exceptional

Valuation

Strong

Track this stock — start free trial

Share count rising — dilution

+6.2% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 142.8M (2021) → 151.6M (2025)

Winston Score History

The full picture

Wesdome Gold Mines is a Canadian company that digs gold out of the ground and sells it. It operates underground gold mines, with its two main assets being the Eagle River mine in Ontario and the Kiena mine in Quebec. The company sells gold bullion to refiners and dealers, making it part of Canada's mid-tier gold mining industry.

Wesdome earns money by selling the gold it produces, with revenue tied directly to the market price of gold and how much the company mines each year. It operates entirely in Canada, which reduces political risk compared to miners working in less stable countries. With a gross margin above 60% and strong returns on invested capital, the company benefits from relatively low production costs at its high-grade underground mines. The key growth driver is ramping up production at Kiena, but the main risk is that falling gold prices would directly reduce profits since the company has no control over what gold sells for.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+27.9% YoY

YoY Growth Rate

Strong revenue growth

EPS Growth

+16.4% YoY

YoY Growth Rate

Steady EPS growth

R&D Spend

C$0/ year

0.0% of revenue

Below sector average (3%)

Research and development spending

Insider Activity

0.2%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

C$424M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Strong grower

Wesdome Gold Mines is growing revenue at 28% year-over-year. The Winston Score penalises unprofitable companies, but revenue at this pace tells a different story — this is a company still in "build mode."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

57.3%

Premium pricing power — 57.3% gross margin

Profit after running costs

Operating Margin

52.3%

Excellent — 52.3% operating margin

Return on the money invested

ROCE

59.6%

Exceptional — 59.6% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+49.5%

Fast-growing sales (+49.5% YoY)

Profit growth

EPS YoY

+73.3%

Earnings growing fast (+73.3% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is

EPS Consistency

8/8 quarters

Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

125%

Turns 125% of profit into real cash

Spare cash per sale

FCF Margin

31.7%

Converts sales into free cash efficiently (31.7%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.00

Conservative — low debt load (0.00)

Covers its interest

Interest Cover

248.18x

Comfortably covers interest (248.2x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

12.5x

Attractive valuation — P/E 12.5

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year

P/E vs Forward

+5.9

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (12.5 → 6.6)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial