Wesdome Gold Mines Ltd. (WDO) - Net Assets

Latest as of September 2025: CA$830.31 Million CAD

Based on the latest financial reports, Wesdome Gold Mines Ltd. (WDO) has net assets worth CA$830.31 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.04 Billion) and total liabilities (CA$204.85 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$830.31 Million
% of Total Assets 80.21%
Annual Growth Rate 10.93%
5-Year Change 117.16%
10-Year Change 473.7%
Growth Volatility 54.63

Wesdome Gold Mines Ltd. - Net Assets Trend (1994–2024)

This chart illustrates how Wesdome Gold Mines Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Wesdome Gold Mines Ltd. (1994–2024)

The table below shows the annual net assets of Wesdome Gold Mines Ltd. from 1994 to 2024.

Year Net Assets Change
2024-12-31 CA$570.82 Million +33.59%
2023-12-31 CA$427.30 Million +7.22%
2022-12-31 CA$398.52 Million +0.85%
2021-12-31 CA$395.18 Million +50.34%
2020-12-31 CA$262.85 Million +27.29%
2019-12-31 CA$206.50 Million +31.36%
2018-12-31 CA$157.21 Million +13.74%
2017-12-31 CA$138.22 Million +8.49%
2016-12-31 CA$127.40 Million +28.04%
2015-12-31 CA$99.50 Million +3.58%
2014-12-31 CA$96.06 Million +13.96%
2013-12-31 CA$84.30 Million -0.81%
2012-12-31 CA$84.99 Million -34.02%
2011-12-31 CA$128.81 Million +2.09%
2010-12-31 CA$126.17 Million +2.83%
2009-12-31 CA$122.70 Million +33.77%
2008-12-31 CA$91.72 Million +10.32%
2007-12-31 CA$83.14 Million +5.12%
2006-12-31 CA$79.10 Million +291.69%
2005-12-31 CA$20.19 Million -56.01%
2004-12-31 CA$45.91 Million -2.27%
2003-12-31 CA$46.97 Million +5.41%
2002-12-31 CA$44.56 Million +3.69%
2001-12-31 CA$42.98 Million +23.54%
2000-12-31 CA$34.79 Million -23.04%
1999-12-31 CA$45.20 Million +6.60%
1998-12-31 CA$42.40 Million +16.48%
1997-12-31 CA$36.40 Million +9.31%
1996-12-31 CA$33.30 Million +14.43%
1995-12-31 CA$29.10 Million +14.57%
1994-12-31 CA$25.40 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 33158300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CA$316.28 Million 55.41%
Common Stock CA$246.35 Million 43.16%
Other Comprehensive Income CA$-1.57 Million -0.28%
Other Components CA$9.76 Million 1.71%
Total Equity CA$570.82 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
Air China Limited
F:AD2
 		$3.09 Billion
Adecco Group AG Class N
SW:ADEN
 		$3.09 Billion
Zhongfu Straits Pingtan Development Co Ltd
SHE:000592
 		$3.09 Billion
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
 		$3.09 Billion
Shenzhen Senior Technology Material Co Ltd
SHE:300568
 		$3.09 Billion
CENTRUS ENERGY DL-10
F:4CU
 		$3.08 Billion
Air France-KLM SA
PA:AF
 		$3.08 Billion
Columbia Sportswear Company
NASDAQ:COLM
 		$3.08 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 2023 to 2024, total equity changed from 427,300,000 to 570,818,000, a change of 143,518,000 (33.6%).
  • Net income of 135,471,000 contributed positively to equity growth.
  • Share repurchases of 4,294,000 reduced equity.
  • Other comprehensive income increased equity by 415,000.
  • Other factors increased equity by 11,926,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$135.47 Million +23.73%
Share Repurchases CA$4.29 Million -0.75%
Other Comprehensive Income CA$415.00K +0.07%
Other Changes CA$11.93 Million +2.09%
Total Change CA$- 33.59%

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: 7.47x
  • 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 22.25x to 7.47x 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$28.28 x
1995-12-31 CA$1.58 CA$28.28 x
1996-12-31 CA$1.49 CA$28.28 x
1997-12-31 CA$1.70 CA$28.28 x
1998-12-31 CA$1.95 CA$28.28 x
1999-12-31 CA$2.57 CA$28.28 x
2000-12-31 CA$1.70 CA$28.28 x
2001-12-31 CA$2.09 CA$28.28 x
2002-12-31 CA$1.82 CA$28.28 x
2003-12-31 CA$1.75 CA$28.28 x
2004-12-31 CA$1.66 CA$28.28 x
2005-12-31 CA$0.67 CA$28.28 x
2006-12-31 CA$0.91 CA$28.28 x
2007-12-31 CA$0.84 CA$28.28 x
2008-12-31 CA$0.91 CA$28.28 x
2009-12-31 CA$1.22 CA$28.28 x
2010-12-31 CA$1.23 CA$28.28 x
2011-12-31 CA$1.26 CA$28.28 x
2012-12-31 CA$0.83 CA$28.28 x
2013-12-31 CA$0.82 CA$28.28 x
2014-12-31 CA$0.87 CA$28.28 x
2015-12-31 CA$0.89 CA$28.28 x
2016-12-31 CA$0.99 CA$28.28 x
2017-12-31 CA$1.02 CA$28.28 x
2018-12-31 CA$1.15 CA$28.28 x
2019-12-31 CA$1.47 CA$28.28 x
2020-12-31 CA$1.84 CA$28.28 x
2021-12-31 CA$2.77 CA$28.28 x
2022-12-31 CA$2.80 CA$28.28 x
2023-12-31 CA$2.89 CA$28.28 x
2024-12-31 CA$3.78 CA$28.28 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): 23.73%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 24.27%
  • • Asset Turnover: 0.75x
  • • Equity Multiplier: 1.31x
  • Recent ROE (23.73%) is above the historical average (-2.09%), 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

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: $37,435,313
  • Average return on equity (ROE) among peers: -27.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wesdome Gold Mines Ltd. (WDO) CA$830.31 Million -6.69% 0.25x $3.09 Billion
Abcourt Mines Inc. (ABI) $-3.13 Million 0.00% 0.00x $86.06 Million
Athabasca Minerals Inc (ABM) $20.44 Million -35.77% 0.45x $3.68 Million
American Eagle Gold Corp (AE) $3.52 Million -143.42% 0.34x $148.82 Million
Aero Energy Limited (AERO) $14.72 Million -5.86% 0.05x $9.68 Million
AIS Resources Ltd (AIS) $1.78 Million -62.23% 0.56x $1.76 Million
Algo Grande Copper Corp. (ALGR) $3.28 Million -19.80% 0.18x $9.71 Million
Alkane Resources Limited (ALK) $309.37 Million 5.71% 0.50x $985.87 Million
Alliance Mining Corp (ALM) $-656.72K 0.00% 0.00x $1.58 Million
Altamira Gold Corp (ALTA) $21.46 Million -7.16% 0.01x $38.60 Million
Argus Metals Corp. (AML) $3.56 Million -6.01% 0.17x $1.59 Million

About Wesdome Gold Mines Ltd.

TO:WDO Canada Gold
Market Cap
$3.09 Billion
CA$4.27 Billion CAD
Market Cap Rank
#4804 Global
#82 in Canada
Share Price
CA$28.28
Change (1 day)
+3.48%
52-Week Range
CA$15.85 - CA$28.62
All Time High
CA$28.62
Categories
Companies in Canada Gold
About

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. The company operates through Eagle River and Kiena segments. It holds 100% interest in the Eagle River Mine consisting of 3 contiguous mining leases and 426 contiguous active mining claims covering an area of approximately 7,958 hectares located in Wawa, Ontario; and the Kiena Mine in Val d'or, Québec. T… Read more