Wesdome Gold MinesTSX:WDO -1.66%100 Altman Z-Score is 13.36 as of Jun. 30, 2026, which is 68% above its 10-year median of 7.95. GuruFocus rates TSX:WDO with a GF Score™ of 100/100 and a GF Value™ of C$31.32 (Modestly Undervalued). Among 786 Metals & Mining companies, Wesdome Gold Mines ranks better than 88.55% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 13.53 is strong.
Wesdome Gold Mines has a Altman Z-Score of 13.36, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Wesdome Gold Mines's Altman Z-Score or its related term are showing as below:
TSX:WDO'
s Altman Z-Score Range Over the Past 10 Years
Min: 3.7 Med: 7.95 Max: 13.61
Current: 13.53
During the past 13 years, Wesdome Gold Mines's highest Altman Z-Score was 13.61. The lowest was 3.70. And the median was 7.95.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Wesdome Gold Mines Altman Z-Score Related Terms
Wesdome Gold Mines Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Wesdome Gold Mines's Altman Z-Score 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 Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Wesdome Gold Mines's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Wesdome Gold Mines's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.329
+
1.4
*
0.5851
+
3.3
*
0.4916
+
0.6
*
16.1686
+
1.0
*
0.8263
=
13.36
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Wesdome Gold Mines (TSX:WDO) has a Altman Z-Score of 13.36 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wesdome Gold Mines and its competitors. This is 68% above median its historical median of 7.95. Over the past decade, Wesdome Gold Mines' Altman Z-Score has ranged from 3.70 to 13.61. According to the industry distribution chart, Wesdome Gold Mines ranks #90 out of 786 companies in the Metals & Mining industry, placing it in the top 11.5%.
Is Wesdome Gold Mines' Altman Z-Score too high?
Wesdome Gold Mines' current Altman Z-Score of 13.36 is 68% above median its 10-year median of 7.95. Over the past 10 years, this metric has ranged from a low of 3.70 to a high of 13.61. The Metals & Mining industry median Altman Z-Score is 3.37. Wesdome Gold Mines' value of 13.36 is 296.4% above this industry median. Based on the distribution chart, Wesdome Gold Mines ranks #90 out of 786 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 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Altman Z-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #90 out of 786 companies for Altman Z-Score. This places Wesdome Gold Mines in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.37. Wesdome Gold Mines' value of 13.36 is 296.4% above this benchmark. Historically, Wesdome Gold Mines' own Altman Z-Score has ranged from 3.70 to 13.61 over the past decade. While the company's 10-year median is 7.95 vs. the industry median of 3.37, Wesdome Gold Mines has consistently been above 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 Altman Z-Score for a Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.37, based on 786 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wesdome Gold Mines's current Altman Z-Score of 13.36 is 296.4% above 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wesdome Gold Mines and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wesdome Gold Mines's current Altman Z-Score is 13.36, which is 68% above median its own 10-year median of 7.95. 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$31.32, compared to a current price of C$24.25 — trading 22.6% below its estimated fair value. The current Altman Z-Score is 13.36, which is 68% above median its 10-year median of 7.95 and 296.4% above the Metals & Mining industry median of 3.37. 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 Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Wesdome Gold Mines (TSX:WDO), the current Altman Z-Score is 13.36 as of Jun. 30, 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$24.25 is trading 22.6% below its estimated GF Value™ of C$31.32.
GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.
Key valuation signals for TSX:WDO:
Altman Z-Score: 13.36 (68% above median its 10-year median of 7.95)
GF Value™: C$31.32 vs. price of C$24.25 (22.6% below fair value)
Industry Position: 296.4% above the Metals & Mining median (#90 of 786)
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.
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