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Wesdome Gold Mines Stock

Wesdome Gold Mines ROE 2024

Wesdome Gold Mines ROE

-0.01

Ticker

WDO.TO

ISIN

CA95083R1001

WKN

A0JC4E

In 2024, Wesdome Gold Mines's return on equity (ROE) was -0.01, a -60.75% increase from the -0.04 ROE in the previous year.

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.

ROE Details

Decoding Wesdome Gold Mines's Return on Equity (ROE)

Wesdome Gold Mines's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Wesdome Gold Mines's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Wesdome Gold Mines's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Wesdome Gold Mines’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Wesdome Gold Mines stock

What is the ROE (Return on Equity) of Wesdome Gold Mines this year?

The ROE of Wesdome Gold Mines this year is -0.01 undefined.

How has the Return on Equity (ROE) of Wesdome Gold Mines developed compared to the previous year?

The ROE of Wesdome Gold Mines has increased by -60.75% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Wesdome Gold Mines?

A high ROE indicates that Wesdome Gold Mines generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Wesdome Gold Mines?

A low ROE can indicate that Wesdome Gold Mines is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Wesdome Gold Mines affect the company?

A change in ROE (Return on Equity) of Wesdome Gold Mines can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Wesdome Gold Mines?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Wesdome Gold Mines?

Some factors that can influence Wesdome Gold Mines's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 0.15 %. For the coming 12 months, Wesdome Gold Mines is expected to pay a dividend of 0 CAD.

What is the dividend yield of Wesdome Gold Mines?

The current dividend yield of Wesdome Gold Mines is 0.15 %.

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 CAD are expected. This corresponds to a dividend yield of 0 %.

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.