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Wesdome Gold MinesTSX:WDO +2.27%99 Debt-to-Equity is 0.01 as of Jun. 2026, which is 80% below its 10-year median of 0.05. GuruFocus rates TSX:WDO with a GF Score™ of 99/100 and a GF Value™ of C$31.91 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,228 Metals & Mining companies, Wesdome Gold Mines ranks better than 99.92% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Wesdome Gold Mines's Debt-to-Equity or its related term are showing as below:
TSX:WDO'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.16
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Wesdome Gold Mines was 0.16. The lowest was 0.00. And the median was 0.05.
TSX:WDO's Debt-to-Equity is ranked better than 99.92% of 1228
companies
in the Metals & Mining industry
Industry Median: 0.14
vs TSX:WDO: 0.01
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Wesdome Gold Mines Debt-to-Equity Related Terms
Wesdome Gold Mines Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Wesdome Gold Mines's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Wesdome Gold Mines's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wesdome Gold Mines Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Wesdome Gold Mines's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Wesdome Gold Mines (TSX:WDO) has a Debt-to-Equity of 0.01 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wesdome Gold Mines and its competitors. This is 80% below median its historical median of 0.05. According to the industry distribution chart, Wesdome Gold Mines ranks #1 out of 1228 companies in the Metals & Mining industry, placing it in the top 0.099999999999994%.
Is Wesdome Gold Mines' Debt-to-Equity too high?
Wesdome Gold Mines' current Debt-to-Equity of 0.01 is 80% below median its 10-year median of 0.05. The Metals & Mining industry median Debt-to-Equity is 0.14. Wesdome Gold Mines' value of 0.01 is 92.9% below this industry median. Based on the distribution chart, Wesdome Gold Mines ranks #1 out of 1228 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Wesdome Gold Mines has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #1 out of 1228 companies for Debt-to-Equity. This places Wesdome Gold Mines in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.14. Wesdome Gold Mines' value of 0.01 is 92.9% below this benchmark. While the company's 10-year median is 0.05 vs. the industry median of 0.14, Wesdome Gold Mines has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,228 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wesdome Gold Mines's current Debt-to-Equity of 0.01 is 92.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wesdome Gold Mines and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wesdome Gold Mines's current Debt-to-Equity is 0.01, which is 80% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (TSX:WDO) is currently considered Fairly Valued. The stock's GF Value™ is C$31.91, compared to a current price of C$33.28 — trading 4.3% above its estimated fair value. The current Debt-to-Equity is 0.01, which is 80% below median its 10-year median of 0.05 and 92.9% below the Metals & Mining industry median of 0.14. Wesdome Gold Mines' overall GF Score™ is 99/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Wesdome Gold Mines (TSX:WDO), the current Debt-to-Equity is 0.01 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wesdome Gold Mines (TSX:WDO) Overvalued in 2026?
Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be overvalued.
The current stock price of C$33.28 is trading 4.3% above its estimated GF Value™ of C$31.91.
GuruFocus considers Wesdome Gold Mines to be Fairly Valued.
Key valuation signals for TSX:WDO:
Debt-to-Equity: 0.01 (80% below median its 10-year median of 0.05)
GF Value™: C$31.91 vs. price of C$33.28 (4.3% above fair value)
Industry Position: 92.9% below the Metals & Mining median (#1 of 1228)
No single metric tells the full story. See the TSX:WDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
99GF Score
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