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Wesdome Gold Mines Stock

Wesdome Gold Mines P/S 2024

Wesdome Gold Mines P/S

3.1

Ticker

WDO.TO

ISIN

CA95083R1001

WKN

A0JC4E

As of Nov 17, 2024, Wesdome Gold Mines's P/S ratio stood at 3.1, a -11.68% change from the 3.51 P/S ratio recorded in the previous year.

The Wesdome Gold Mines P/S history

Wesdome Gold Mines Aktienanalyse

What does Wesdome Gold Mines do?

Wesdome Gold Mines Ltd is a Canadian gold mining company that specializes in the exploration, development, and production of gold concentrates. The company was founded in 1976 and is headquartered in Toronto, Canada. Wesdome Gold Mines ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Wesdome Gold Mines's P/S Ratio

Wesdome Gold Mines's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Wesdome Gold Mines's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Wesdome Gold Mines's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Wesdome Gold Mines’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Wesdome Gold Mines stock

What is the price-to-earnings ratio of Wesdome Gold Mines?

The price-earnings ratio of Wesdome Gold Mines is currently 3.1.

How has the price-earnings ratio of Wesdome Gold Mines changed compared to last year?

The price-to-earnings ratio of Wesdome Gold Mines has increased by -11.68% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Wesdome Gold Mines high compared to other companies?

Yes, the price-to-earnings ratio of Wesdome Gold Mines is high compared to other companies.

How does an increase in the price-earnings ratio of Wesdome Gold Mines affect the company?

An increase in the price-earnings ratio of Wesdome Gold Mines would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Wesdome Gold Mines affect the company?

A decrease in the price-earnings ratio of Wesdome Gold Mines would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Wesdome Gold Mines?

Some factors that influence the price-earnings ratio of Wesdome Gold Mines are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Wesdome Gold Mines pay?

Over the past 12 months, Wesdome Gold Mines paid a dividend of 0.02 CAD . This corresponds to a dividend yield of about 0.18 %. For the coming 12 months, Wesdome Gold Mines is expected to pay a dividend of 0.36 CAD.

What is the dividend yield of Wesdome Gold Mines?

The current dividend yield of Wesdome Gold Mines is 0.18 %.

When does Wesdome Gold Mines pay dividends?

Wesdome Gold Mines pays a quarterly dividend. This is distributed in the months of November, May, May, May.

How secure is the dividend of Wesdome Gold Mines?

Wesdome Gold Mines paid dividends every year for the past 3 years.

What is the dividend of Wesdome Gold Mines?

For the upcoming 12 months, dividends amounting to 0.36 CAD are expected. This corresponds to a dividend yield of 3.22 %.

In which sector is Wesdome Gold Mines located?

Wesdome Gold Mines is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Wesdome Gold Mines kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wesdome Gold Mines from 4/29/2011 amounting to 0.02 CAD, you needed to have the stock in your portfolio before the ex-date on 4/13/2011.

When did Wesdome Gold Mines pay the last dividend?

The last dividend was paid out on 4/29/2011.

What was the dividend of Wesdome Gold Mines in the year 2023?

In the year 2023, Wesdome Gold Mines distributed 0 CAD as dividends.

In which currency does Wesdome Gold Mines pay out the dividend?

The dividends of Wesdome Gold Mines are distributed in CAD.

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Andere Kennzahlen von Wesdome Gold Mines

Our stock analysis for Wesdome Gold Mines Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wesdome Gold Mines Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.