Wesdome Gold Mines (TSX:WDO) Scaled Net Operating Assets: 0.52 (As of Mar. 2026)


TSX:WDO Wesdome Gold Mines Ltd TSX:WDO
100 GF Score
Price C$24.35
GF Value C$31.41
Valuation Modestly Undervalued
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What is Wesdome Gold Mines Scaled Net Operating Assets?

Wesdome Gold Mines TSX:WDO +0.41% 100 Scaled Net Operating Assets is 0.52 as of Mar. 2026. GuruFocus rates TSX:WDO with a GF Score™ of 100/100 and a GF Value™ of C$31.41 (Modestly Undervalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Wesdome Gold Mines's operating assets for the quarter that ended in Mar. 2026 was C$812 Mil. Wesdome Gold Mines's operating liabilities for the quarter that ended in Mar. 2026 was C$219 Mil. Wesdome Gold Mines's Total Assets for the quarter that ended in Dec. 2025 was C$1,147 Mil. Therefore, Wesdome Gold Mines's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.52.


Wesdome Gold Mines Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Wesdome Gold Mines's Scaled Net Operating Assets 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.

Wesdome Gold Mines Scaled Net Operating Assets Chart

Wesdome Gold Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.78 0.69 0.73 0.79

Wesdome Gold Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.67 0.61 0.57 0.52

TSX:WDO vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, Wesdome Gold Mines's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wesdome Gold Mines's Scaled Net Operating Assets falls into.


TSX:WDO
100GF Score
Wesdome Gold Mines Ltd TSX:WDO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wesdome Gold Mines Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Wesdome Gold Mines's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(793.121-206.617)/746.654
=0.79

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1146.986 - 353.865
=793.121

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=210.014 - 2.629 - 0.768
=206.617

Wesdome Gold Mines's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(811.634-219.225)/1146.986
=0.52

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1242.264 - 430.63
=811.634

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=222.415 - 2.481 - 0.709
=219.225

* 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.

What does a Scaled Net Operating Assets of 0.52 mean?
Wesdome Gold Mines (TSX:WDO) has a Scaled Net Operating Assets of 0.52 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Wesdome Gold Mines and its competitors.
Is Wesdome Gold Mines' Scaled Net Operating Assets too high?
Wesdome Gold Mines' current Scaled Net Operating Assets is 0.52. Overall, Wesdome Gold Mines has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Scaled Net Operating Assets compare to NEM and AU?
Wesdome Gold Mines' Scaled Net Operating Assets of 0.52 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Wesdome Gold Mines and its competitors. Wesdome Gold Mines's current Scaled Net Operating Assets is 0.52. 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 Modestly Undervalued. The stock's GF Value™ is C$31.41, compared to a current price of C$24.35 — trading 22.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.52. Wesdome Gold Mines' overall GF Score™ is 100/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Wesdome Gold Mines (TSX:WDO), the current Scaled Net Operating Assets is 0.52 as of Mar. 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 undervalued. The current stock price of C$24.35 is trading 22.5% below its estimated GF Value™ of C$31.41. GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.

Key valuation signals for TSX:WDO:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: C$31.41 vs. price of C$24.35 (22.5% below fair value)
  • GF Score™: 100/100

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 Business Description

Address 220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
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.
100GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$24.35
Price
C$31.41
GF Value