Latest news with #WesdomeGoldMinesLtd
Yahoo
10-04-2025
- Business
- Yahoo
Those who invested in Wesdome Gold Mines (TSE:WDO) five years ago are up 74%
If you want to compound wealth in the stock market, you can do so by buying an index fund. But you can do a lot better than that by buying good quality businesses for attractive prices. For example, the Wesdome Gold Mines Ltd. (TSE:WDO) share price is up 74% in the last five years, slightly above the market return. We're also happy to report the stock is up a healthy 55% in the last year. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the five years of share price growth, Wesdome Gold Mines moved from a loss to profitability. That would generally be considered a positive, so we'd hope to see the share price to rise. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. But while CEO remuneration is always worth checking, the really important question is whether the company can grow earnings going forward. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. . It's nice to see that Wesdome Gold Mines shareholders have received a total shareholder return of 55% over the last year. Since the one-year TSR is better than the five-year TSR (the latter coming in at 12% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. Before spending more time on Wesdome Gold Mines it might be wise to click here to see if insiders have been buying or selling shares. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Canadian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
Wesdome Announces First Quarter 2025 Production; Provides Timing of First Quarter Financial Results and Webcast
TORONTO, April 10, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) ('Wesdome' or the 'Company') today announces its production results for the first quarter ended March 31, 2025 ('Q1 2025'). The Company is also providing notice that it will release its Q1 2025 financial results after markets close on Tuesday, May 13, 2025 and host a conference call and webcast the following morning on May 14, 2025. Q1 2025 Production Performance Q1 2025 Q1 2024 Change Ore milled (tonnes) Eagle River 60,010 51,632 16% Kiena 48,690 45,344 7% Average head grade (g/t) Eagle River 15.6 15.5 1% Kiena 10.8 5.9 83% Gold production (oz) Eagle River 28,999 24,899 16% Kiena 16,693 8,423 98% Total gold production 45,692 33,322 37% Production sold 45,300 35,700 27% Anthea Bath, President and CEO of Wesdome, commented, 'We are pleased to report that total gold production for the first quarter exceeded our expectations, and we remain on track to meet our full-year production guidance. As previously outlined, we expect a second-half weighted production profile with the fourth quarter projected to account for approximately 30%, and all-in sustaining costs per ounce in the first half of the year to be approximately 15% above full-year guidance, reflecting the timing of production and sustaining capital expenditures. 'Eagle River had a strong start to the year driven by higher-than-anticipated average head grade from the 300 Zone. The operations team continues to execute well against the planned mining sequence, benefiting from positive grade reconciliation and the processing of ore stockpiled in late 2024. We continue to expect Eagle River to produce between 100,000 and 110,000 ounces of gold in 2025. 'Kiena's production in the first quarter nearly doubled compared to the same period last year, reflecting the ongoing ramp-up of high-grade feed from the Kiena Deep Zone that commenced in April 2024. Underground mining activities in select areas of the South and North Limbs as well as Kiena Deep A2 Zone are transitioning from a primarily long-hole mining method to a hybrid approach, combining cut-and-fill and long-hole stoping. We are steadily ramping up this new approach, which is already delivering encouraging results early in the second quarter and helping to drive more predictable performance. 'With a strong first quarter, we are well-positioned to achieve our operational targets for the remainder of the year.' Conference Call and Webcast Management will host a conference call and webcast to discuss the Company's Q1 2025 financial and operating results. A question-and-answer session will follow management's prepared remarks. Details of the webcast are as follows: Date and time: Wednesday, May 14, 2025 at 10:00 a.m. ET Dial-in numbers: To access the call by telephone, dial 1.646.968.2525 or 1.888.596.4144 (toll-free). The event passcode is: 8215935. Please allow up to 10 minutes to be connected. Webcast link: Pre-registration is required for this event. It is recommended you join 10 minutes prior to the start of the event. The webcast can also be accessed from the home page of the Company's website at The financial statements and management's discussion and analysis will be available on the Company's website at and on SEDAR+ the evening of Tuesday, May 13, 2025. About Wesdome Gold Mines Ltd. Wesdome is a Canadian-focused gold producer with two high-grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Québec. The Company's primary goal is to responsibly leverage its operating platform and high-quality brownfield and greenfield exploration pipeline to build a growing value-driven gold producer. For further information, please contact: Raj GillSVP, Corporate Development & Investor RelationsPhone: +1.416.360.3743E-Mail: invest@ Trish MoranVP, Investor RelationsPhone: +1.416.564.4290E-mail: Technical Disclosure The technical and geoscientific content of this press release have been reviewed, and approved by Guy Belleau, Chief Operating Officer of the Company, a "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Forward-Looking Statements This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, which is based on expectations, estimates, projections, and interpretations as of the date of this release. Forward-looking information includes, without limitation, statements regarding the Company's production, specifically its production guidance and expected production profile, for the remainder of 2025; expected all-in sustaining costs per ounce in the first half of 2025; and the anticipated achievement of operational targets for the remainder of 2025. These forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors including those risk factors discussed in the sections titled 'Cautionary Note Regarding Forward Looking Information' and 'Risks and Uncertainties' in the Company's most recent Annual Information Form. Readers are urged to carefully review the detailed risk discussion in our most recent Annual Information Form which is available on SEDAR+ and on the Company's website. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. PDF available: in to access your portfolio
Associated Press
10-04-2025
- Business
- Associated Press
Wesdome Announces First Quarter 2025 Production; Provides Timing of First Quarter Financial Results and Webcast
TORONTO, April 10, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) ('Wesdome' or the 'Company') today announces its production results for the first quarter ended March 31, 2025 ('Q1 2025'). The Company is also providing notice that it will release its Q1 2025 financial results after markets close on Tuesday, May 13, 2025 and host a conference call and webcast the following morning on May 14, 2025. Q1 2025 Production Performance Q1 2025 Q1 2024 Change Ore milled (tonnes) Eagle River 60,010 51,632 16% Kiena 48,690 45,344 7% Average head grade (g/t) Eagle River 15.6 15.5 1% Kiena 10.8 5.9 83% Gold production (oz) Eagle River 28,999 24,899 16% Kiena 16,693 8,423 98% Total gold production 45,692 33,322 37% Production sold 45,300 35,700 27% Anthea Bath, President and CEO of Wesdome, commented, 'We are pleased to report that total gold production for the first quarter exceeded our expectations, and we remain on track to meet our full-year production guidance. As previously outlined, we expect a second-half weighted production profile with the fourth quarter projected to account for approximately 30%, and all-in sustaining costs per ounce in the first half of the year to be approximately 15% above full-year guidance, reflecting the timing of production and sustaining capital expenditures. 'Eagle River had a strong start to the year driven by higher-than-anticipated average head grade from the 300 Zone. The operations team continues to execute well against the planned mining sequence, benefiting from positive grade reconciliation and the processing of ore stockpiled in late 2024. We continue to expect Eagle River to produce between 100,000 and 110,000 ounces of gold in 2025. 'Kiena's production in the first quarter nearly doubled compared to the same period last year, reflecting the ongoing ramp-up of high-grade feed from the Kiena Deep Zone that commenced in April 2024. Underground mining activities in select areas of the South and North Limbs as well as Kiena Deep A2 Zone are transitioning from a primarily long-hole mining method to a hybrid approach, combining cut-and-fill and long-hole stoping. We are steadily ramping up this new approach, which is already delivering encouraging results early in the second quarter and helping to drive more predictable performance. 'With a strong first quarter, we are well-positioned to achieve our operational targets for the remainder of the year.' Conference Call and Webcast Management will host a conference call and webcast to discuss the Company's Q1 2025 financial and operating results. A question-and-answer session will follow management's prepared remarks. Details of the webcast are as follows: The financial statements and management's discussion and analysis will be available on the Company's website at and on SEDAR+ the evening of Tuesday, May 13, 2025. About Wesdome Gold Mines Ltd. Wesdome is a Canadian-focused gold producer with two high-grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Québec. The Company's primary goal is to responsibly leverage its operating platform and high-quality brownfield and greenfield exploration pipeline to build a growing value-driven gold producer. For further information, please contact: Technical Disclosure The technical and geoscientific content of this press release have been reviewed, and approved by Guy Belleau, Chief Operating Officer of the Company, a 'Qualified Person' as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Forward-Looking Statements This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation, which is based on expectations, estimates, projections, and interpretations as of the date of this release. Forward-looking information includes, without limitation, statements regarding the Company's production, specifically its production guidance and expected production profile, for the remainder of 2025; expected all-in sustaining costs per ounce in the first half of 2025; and the anticipated achievement of operational targets for the remainder of 2025. These forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors including those risk factors discussed in the sections titled 'Cautionary Note Regarding Forward Looking Information' and 'Risks and Uncertainties' in the Company's most recent Annual Information Form. Readers are urged to carefully review the detailed risk discussion in our most recent Annual Information Form which is available on SEDAR+ and on the Company's website. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
Yahoo
15-03-2025
- Business
- Yahoo
Is There An Opportunity With Wesdome Gold Mines Ltd.'s (TSE:WDO) 43% Undervaluation?
Wesdome Gold Mines' estimated fair value is CA$27.40 based on 2 Stage Free Cash Flow to Equity Wesdome Gold Mines is estimated to be 43% undervalued based on current share price of CA$15.61 Our fair value estimate is 58% higher than Wesdome Gold Mines' analyst price target of CA$17.32 Today we will run through one way of estimating the intrinsic value of Wesdome Gold Mines Ltd. (TSE:WDO) by taking the expected future cash flows and discounting them to their present value. Our analysis will employ the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example! We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. View our latest analysis for Wesdome Gold Mines We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (CA$, Millions) CA$212.7m CA$284.9m CA$250.0m CA$230.7m CA$219.9m CA$214.3m CA$211.9m CA$211.8m CA$213.2m CA$215.8m Growth Rate Estimate Source Analyst x6 Analyst x5 Analyst x2 Est @ -7.70% Est @ -4.68% Est @ -2.57% Est @ -1.09% Est @ -0.06% Est @ 0.67% Est @ 1.18% Present Value (CA$, Millions) Discounted @ 6.9% CA$199 CA$249 CA$205 CA$177 CA$158 CA$144 CA$133 CA$124 CA$117 CA$111 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = CA$1.6b After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.4%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.9%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = CA$216m× (1 + 2.4%) ÷ (6.9%– 2.4%) = CA$4.9b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= CA$4.9b÷ ( 1 + 6.9%)10= CA$2.5b The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is CA$4.1b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of CA$15.6, the company appears quite undervalued at a 43% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Wesdome Gold Mines as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.9%, which is based on a levered beta of 1.050. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Strength Currently debt free. Weakness No major weaknesses identified for WDO. Opportunity Annual earnings are forecast to grow faster than the Canadian market. Trading below our estimate of fair value by more than 20%. Threat Revenue is forecast to grow slower than 20% per year. Valuation is only one side of the coin in terms of building your investment thesis, and it is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. What is the reason for the share price sitting below the intrinsic value? For Wesdome Gold Mines, we've compiled three relevant elements you should assess: Financial Health: Does WDO have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Future Earnings: How does WDO's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the TSX every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
