Wesdome Gold Mines Ltd. (WDO) - Net Assets

Latest as of December 2025: CA$936.97 Million CAD ≈ $677.79 Million USD

Based on the latest financial reports, Wesdome Gold Mines Ltd. (WDO) has net assets worth CA$936.97 Million CAD (≈ $677.79 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.15 Billion ≈ $829.71 Million USD) and total liabilities (CA$210.01 Million ≈ $151.92 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Wesdome Gold Mines Ltd.'s equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$936.97 Million
% of Total Assets	81.69%
Annual Growth Rate	12.34%
5-Year Change	137.1%
10-Year Change	635.45%
Growth Volatility	54.35

Wesdome Gold Mines Ltd. - Net Assets Trend (1994–2025)

This chart illustrates how Wesdome Gold Mines Ltd.'s net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Wesdome Gold Mines Ltd. to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Wesdome Gold Mines Ltd. (1994–2025)

The table below shows the annual net assets of Wesdome Gold Mines Ltd. from 1994 to 2025. For live valuation and market cap data, see Wesdome Gold Mines Ltd. market capitalisation.

Year	Net Assets	Change
2025-12-31	CA$936.97 Million ≈ $677.79 Million	+64.15%
2024-12-31	CA$570.82 Million ≈ $412.92 Million	+33.59%
2023-12-31	CA$427.30 Million ≈ $309.10 Million	+7.22%
2022-12-31	CA$398.52 Million ≈ $288.28 Million	+0.85%
2021-12-31	CA$395.18 Million ≈ $285.86 Million	+50.34%
2020-12-31	CA$262.85 Million ≈ $190.14 Million	+27.29%
2019-12-31	CA$206.50 Million ≈ $149.38 Million	+31.36%
2018-12-31	CA$157.21 Million ≈ $113.72 Million	+13.74%
2017-12-31	CA$138.22 Million ≈ $99.99 Million	+8.49%
2016-12-31	CA$127.40 Million ≈ $92.16 Million	+28.04%
2015-12-31	CA$99.50 Million ≈ $71.98 Million	+3.58%
2014-12-31	CA$96.06 Million ≈ $69.49 Million	+13.96%
2013-12-31	CA$84.30 Million ≈ $60.98 Million	-0.81%
2012-12-31	CA$84.99 Million ≈ $61.48 Million	-34.02%
2011-12-31	CA$128.81 Million ≈ $93.18 Million	+2.09%
2010-12-31	CA$126.17 Million ≈ $91.27 Million	+2.83%
2009-12-31	CA$122.70 Million ≈ $88.76 Million	+33.77%
2008-12-31	CA$91.72 Million ≈ $66.35 Million	+10.32%
2007-12-31	CA$83.14 Million ≈ $60.15 Million	+5.12%
2006-12-31	CA$79.10 Million ≈ $57.22 Million	+291.69%
2005-12-31	CA$20.19 Million ≈ $14.61 Million	-56.01%
2004-12-31	CA$45.91 Million ≈ $33.21 Million	-2.27%
2003-12-31	CA$46.97 Million ≈ $33.98 Million	+5.41%
2002-12-31	CA$44.56 Million ≈ $32.24 Million	+3.69%
2001-12-31	CA$42.98 Million ≈ $31.09 Million	+23.54%
2000-12-31	CA$34.79 Million ≈ $25.17 Million	-23.04%
1999-12-31	CA$45.20 Million ≈ $32.70 Million	+6.60%
1998-12-31	CA$42.40 Million ≈ $30.67 Million	+16.48%
1997-12-31	CA$36.40 Million ≈ $26.33 Million	+9.31%
1996-12-31	CA$33.30 Million ≈ $24.09 Million	+14.43%
1995-12-31	CA$29.10 Million ≈ $21.05 Million	+14.57%
1994-12-31	CA$25.40 Million ≈ $18.37 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Wesdome Gold Mines Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 66791400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CA$652.61 Million	69.65%
Common Stock	CA$262.61 Million	28.03%
Other Comprehensive Income	CA$10.48 Million	1.12%
Other Components	CA$11.27 Million	1.20%
Total Equity	CA$936.97 Million	100.00%

Wesdome Gold Mines Ltd. Competitors by Market Cap

The table below lists competitors of Wesdome Gold Mines Ltd. ranked by their market capitalization.

Company	Market Cap
Robert Half International Inc NYSE:RHI	$2.71 Billion
Chengdu Kanghong Pharmaceuticals Group Co Ltd SHE:002773	$2.71 Billion
SBT Ultrasonic Technology Co. Ltd. A SHG:688392	$2.71 Billion
Investco Holding AS IS:INVES	$2.71 Billion
Henan Huanghe Whirlwind Co Ltd SHG:600172	$2.71 Billion
Array Digital Infrastructure, Inc. NYSE:AD	$2.71 Billion
SpareBank 1 Østlandet OL:SPOL	$2.71 Billion
AIMA Technology Group Co Ltd SHG:603529	$2.71 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wesdome Gold Mines Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 570,818,000 to 936,972,000, a change of 366,154,000 (64.1%).
Net income of 349,495,000 contributed positively to equity growth.
Share repurchases of 14,391,000 reduced equity.
Other comprehensive income increased equity by 12,052,000.
Other factors increased equity by 18,998,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$349.50 Million	+37.3%
Share Repurchases	CA$14.39 Million	-1.54%
Other Comprehensive Income	CA$12.05 Million	+1.29%
Other Changes	CA$19.00 Million	+2.03%
Total Change	CA$-	64.15%

Book Value vs Market Value Analysis

This analysis compares Wesdome Gold Mines Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 4.09x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 19.88x to 4.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-12-31	CA$1.27	CA$25.27	x
1995-12-31	CA$1.58	CA$25.27	x
1996-12-31	CA$1.49	CA$25.27	x
1997-12-31	CA$1.70	CA$25.27	x
1998-12-31	CA$1.95	CA$25.27	x
1999-12-31	CA$2.57	CA$25.27	x
2000-12-31	CA$1.70	CA$25.27	x
2001-12-31	CA$2.09	CA$25.27	x
2002-12-31	CA$1.82	CA$25.27	x
2003-12-31	CA$1.75	CA$25.27	x
2004-12-31	CA$1.66	CA$25.27	x
2005-12-31	CA$0.67	CA$25.27	x
2006-12-31	CA$0.91	CA$25.27	x
2007-12-31	CA$0.84	CA$25.27	x
2008-12-31	CA$0.91	CA$25.27	x
2009-12-31	CA$1.22	CA$25.27	x
2010-12-31	CA$1.23	CA$25.27	x
2011-12-31	CA$1.26	CA$25.27	x
2012-12-31	CA$0.83	CA$25.27	x
2013-12-31	CA$0.82	CA$25.27	x
2014-12-31	CA$0.87	CA$25.27	x
2015-12-31	CA$0.89	CA$25.27	x
2016-12-31	CA$0.99	CA$25.27	x
2017-12-31	CA$1.02	CA$25.27	x
2018-12-31	CA$1.15	CA$25.27	x
2019-12-31	CA$1.47	CA$25.27	x
2020-12-31	CA$1.84	CA$25.27	x
2021-12-31	CA$2.77	CA$25.27	x
2022-12-31	CA$2.80	CA$25.27	x
2023-12-31	CA$2.89	CA$25.27	x
2024-12-31	CA$3.78	CA$25.27	x
2025-12-31	CA$6.18	CA$25.27	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wesdome Gold Mines Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 37.30%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 38.22%
• Asset Turnover: 0.80x
• Equity Multiplier: 1.22x
Recent ROE (37.30%) is above the historical average (-0.86%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	-6.69%	-1700.00%	0.00x	1.26x	CA$-4.24 Million
1995	0.78%	200.00%	0.00x	1.46x	CA$-2.37 Million
1996	19.60%	17.30%	0.77x	1.47x	CA$2.89 Million
1997	11.75%	11.37%	0.70x	1.48x	CA$580.00K
1998	18.89%	19.38%	0.67x	1.45x	CA$3.53 Million
1999	3.83%	4.44%	0.61x	1.41x	CA$-2.58 Million
2000	-20.86%	-20.49%	0.70x	1.45x	CA$-10.68 Million
2001	2.17%	2.43%	0.72x	1.24x	CA$-3.35 Million
2002	-8.99%	-10.38%	0.75x	1.16x	CA$-8.44 Million
2003	-1.83%	-2.29%	0.65x	1.22x	CA$-5.54 Million
2004	-8.01%	-10.64%	0.61x	1.23x	CA$-8.25 Million
2005	-144.89%	-96.02%	1.14x	1.32x	CA$-31.16 Million
2006	-12.06%	-30.30%	0.33x	1.22x	CA$-17.35 Million
2007	-16.00%	-23.81%	0.51x	1.32x	CA$-21.36 Million
2008	10.31%	11.56%	0.70x	1.27x	CA$279.80K
2009	26.40%	31.07%	0.72x	1.18x	CA$19.98 Million
2010	2.98%	4.18%	0.58x	1.24x	CA$-8.81 Million
2011	0.35%	0.56%	0.52x	1.18x	CA$-12.37 Million
2012	-53.28%	-48.81%	0.85x	1.29x	CA$-53.52 Million
2013	-4.41%	-4.65%	0.77x	1.23x	CA$-12.11 Million
2014	12.39%	14.44%	0.71x	1.21x	CA$2.30 Million
2015	-4.72%	-6.40%	0.57x	1.29x	CA$-14.65 Million
2016	6.11%	9.27%	0.52x	1.28x	CA$-4.95 Million
2017	0.93%	1.34%	0.53x	1.30x	CA$-12.54 Million
2018	9.45%	12.80%	0.55x	1.33x	CA$-862.90K
2019	19.83%	24.97%	0.57x	1.38x	CA$20.29 Million
2020	19.29%	23.54%	0.60x	1.36x	CA$24.43 Million
2021	33.22%	49.94%	0.47x	1.40x	CA$91.77 Million
2022	-3.69%	-5.54%	0.43x	1.55x	CA$-54.56 Million
2023	-1.45%	-1.86%	0.54x	1.45x	CA$-48.92 Million
2024	23.73%	24.27%	0.75x	1.31x	CA$78.39 Million
2025	37.30%	38.22%	0.80x	1.22x	CA$255.80 Million

Industry Comparison

This section compares Wesdome Gold Mines Ltd.'s net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $3,550,517,856
Average return on equity (ROE) among peers: -106.64%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Wesdome Gold Mines Ltd. (WDO)	CA$936.97 Million	-6.69%	0.22x	$2.71 Billion
Allied Gold Corporation (AAUC)	$416.30 Million	-27.78%	2.17x	$3.22 Billion
Abcourt Mines Inc. (ABI)	$4.83 Million	-6.40%	0.03x	$68.85 Million
Barrick Gold Corp (ABX)	$32.31 Billion	6.26%	0.45x	$66.09 Billion
American Eagle Gold Corp (AE)	$830.83K	-165.75%	0.05x	$128.81 Million
Agnico Eagle Mines Limited (AEM)	$2.75 Billion	3.14%	0.54x	$80.59 Billion
Alamos Gold Inc (AGI)	$504.13K	-188.97%	14.34x	$14.81 Billion
AIS Resources Ltd (AIS)	$1.78 Million	-62.23%	0.56x	$2.79 Million
Alliance Mining Corp (ALM)	$-2.44 Million	0.00%	0.00x	$1.58 Million
Altamira Gold Corp (ALTA)	$550.74K	-608.20%	1.02x	$35.39 Million
Almaden Minerals Ltd (AMM)	$24.07 Million	-16.46%	0.01x	$24.82 Million

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