Wesdome Gold Mines Ltd. - Asset Resilience Ratio

Latest as of September 2023: 5.22%

Wesdome Gold Mines Ltd. (WDO) has an Asset Resilience Ratio of 5.22% as of September 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check Wesdome Gold Mines Ltd. strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CA$31.58 Million

≈ $22.85 Million USD Cash + Short-term Investments

Total Assets

CA$605.36 Million

≈ $437.91 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2006–2022)

This chart shows how Wesdome Gold Mines Ltd.'s Asset Resilience Ratio has changed over time. See Wesdome Gold Mines Ltd. balance sheet independence to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Wesdome Gold Mines Ltd.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see WDO market cap overview.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CA$31.58 Million	5.22%
Short-term Investments	CA$0.00	0%
Total Liquid Assets	CA$31.58 Million	5.22%

Asset Resilience Insights

Limited Liquidity: Wesdome Gold Mines Ltd. maintains only 5.22% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Wesdome Gold Mines Ltd. Industry Peers by Asset Resilience Ratio

Compare Wesdome Gold Mines Ltd.'s asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Newmont Goldcorp Corp NYSE:NEM	Gold	10.91%
Barrick Mining Corporation NYSE:B	Gold	13.00%
Wheaton Precious Metals Corp TO:WPM	Gold	1.69%
Gold Fields Ltd JSE:GFI	Gold	11.83%
Evolution Mining Ltd AU:EVN	Gold	9.64%
Dundee Precious Metals Inc TO:DPM	Gold	16.16%
New Gold Inc TO:NGD	Gold	0.02%
G Mining Ventures Corp. TO:GMIN	Gold	6.91%

Annual Asset Resilience Ratio for Wesdome Gold Mines Ltd. (2006–2022)

The table below shows the annual Asset Resilience Ratio data for Wesdome Gold Mines Ltd..

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2022-12-31	5.36%	CA$33.19 Million ≈ $24.01 Million	CA$619.13 Million ≈ $447.87 Million	--
2019-12-31	0.00%	CA$0.00 ≈ $0.00	CA$285.72 Million ≈ $206.68 Million	--
2018-12-31	6.68%	CA$14.00 Million ≈ $10.13 Million	CA$209.64 Million ≈ $151.65 Million	+1.68pp
2017-12-31	5.00%	CA$9.00 Million ≈ $6.51 Million	CA$179.91 Million ≈ $130.15 Million	-5.90pp
2016-12-31	10.90%	CA$17.76 Million ≈ $12.85 Million	CA$162.91 Million ≈ $117.85 Million	+10.75pp
2009-12-31	0.15%	CA$211.00K ≈ $152.63K	CA$143.25 Million ≈ $103.63 Million	+0.11pp
2008-12-31	0.04%	CA$44.00K ≈ $31.83K	CA$115.38 Million ≈ $83.47 Million	-0.02pp
2007-12-31	0.06%	CA$68.08K ≈ $49.25K	CA$108.09 Million ≈ $78.19 Million	+0.01pp
2006-12-31	0.05%	CA$47.72K ≈ $34.52K	CA$96.22 Million ≈ $69.61 Million	--

pp = percentage points

About Wesdome Gold Mines Ltd.

TO:WDO Canada Gold

Market Cap

$2.71 Billion

CA$3.75 Billion CAD

Market Cap Rank

#5263 Global

#174 in Canada

Share Price

CA$25.27

Change (1 day)

+0.08%

52-Week Range

CA$16.00 - CA$30.96

All Time High

CA$30.96