SKE vs. WDO.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Skeena Resources Ltd (SKE) and Wesdome Gold Mines Ltd. (WDO.TO).

Performance

SKE vs. WDO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Skeena Resources Ltd (SKE) and Wesdome Gold Mines Ltd. (WDO.TO). The values are adjusted to include any dividend payments, if applicable.

SKE vs. WDO.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SKE Skeena Resources Ltd	25.24%	172.13%	78.69%	-8.27%	-48.99%	-4.14%	428.16%	134.09%	-59.87%	784.19%
WDO.TO Wesdome Gold Mines Ltd.	7.84%	84.58%	54.22%	5.42%	-39.36%	9.18%	6.51%	141.04%	93.65%	-15.28%

Different Trading Currencies

SKE is traded in USD, while WDO.TO is traded in CAD. To make them comparable, the WDO.TO values have been converted to USD using the latest available exchange rates.

Fundamentals

Market Cap SKE : $3.55B WDO.TO : CA$3.74B
EPS SKE : -$1.57 WDO.TO : CA$2.31
PB Ratio SKE : 22.36 WDO.TO : 3.99
Total Revenue (TTM) SKE : $0.00 WDO.TO : CA$914.33M
Gross Profit (TTM) SKE : -$1.02M WDO.TO : CA$551.52M
EBITDA (TTM) SKE : -$120.27M WDO.TO : CA$609.09M

Returns By Period

In the year-to-date period, SKE achieves a 25.24% return, which is significantly higher than WDO.TO's 7.84% return.

SKE

• 1D: 8.63%
• 1M: -22.04%
• YTD: 25.24%
• 6M: 61.26%
• 1Y: 194.55%
• 3Y*: 69.43%
• 5Y*: 22.53%
• 10Y*: —

WDO.TO

• 1D: 7.83%
• 1M: -9.10%
• YTD: 7.84%
• 6M: 14.72%
• 1Y: 49.94%
• 3Y*: 46.13%
• 5Y*: 20.86%
• 10Y*: 30.27%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SKE vs. WDO.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SKE

SKE Risk / Return Rank: 95
SKE Sharpe Ratio Rank: 97
SKE Sortino Ratio Rank: 93
SKE Omega Ratio Rank: 91
SKE Calmar Ratio Rank: 96
SKE Martin Ratio Rank: 96

WDO.TO

WDO.TO Risk / Return Rank: 72
WDO.TO Sharpe Ratio Rank: 73
WDO.TO Sortino Ratio Rank: 66
WDO.TO Omega Ratio Rank: 65
WDO.TO Calmar Ratio Rank: 79
WDO.TO Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SKE vs. WDO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Skeena Resources Ltd (SKE) and Wesdome Gold Mines Ltd. (WDO.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SKE	WDO.TO	Difference
Sharpe ratio Return per unit of total volatility	3.22	1.01	+2.21
Sortino ratio Return per unit of downside risk	3.26	1.50	+1.76
Omega ratio Gain probability vs. loss probability	1.42	1.19	+0.22
Calmar ratio Return relative to maximum drawdown	6.27	2.36	+3.90
Martin ratio Return relative to average drawdown	19.49	4.97	+14.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SKE vs. WDO.TO - Sharpe Ratio Comparison

The current SKE Sharpe Ratio is 3.22, which is higher than the WDO.TO Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of SKE and WDO.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SKE	WDO.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.22	1.01	+2.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.42	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.31	-0.10

Correlation

The correlation between SKE and WDO.TO is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SKE vs. WDO.TO - Dividend Comparison

Neither SKE nor WDO.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SKE vs. WDO.TO - Drawdown Comparison

The maximum SKE drawdown since its inception was -75.69%, smaller than the maximum WDO.TO drawdown of -89.88%. Use the drawdown chart below to compare losses from any high point for SKE and WDO.TO.

Drawdown Indicators

	SKE	WDO.TO	Difference
Max Drawdown Largest peak-to-trough decline	-75.69%	-94.92%	+19.23%
Max Drawdown (1Y) Largest decline over 1 year	-31.09%	-22.22%	-8.87%
Max Drawdown (5Y) Largest decline over 5 years	-75.69%	-62.68%	-13.01%
Max Drawdown (10Y) Largest decline over 10 years	—	-62.68%	—
Current Drawdown Current decline from peak	-22.04%	-8.94%	-13.10%
Average Drawdown Average peak-to-trough decline	-34.75%	-56.89%	+22.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.00%	10.35%	-0.35%

Volatility

SKE vs. WDO.TO - Volatility Comparison

The current volatility for Skeena Resources Ltd (SKE) is 16.75%, while Wesdome Gold Mines Ltd. (WDO.TO) has a volatility of 19.00%. This indicates that SKE experiences smaller price fluctuations and is considered to be less risky than WDO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SKE	WDO.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.75%	19.00%	-2.25%
Volatility (6M) Calculated over the trailing 6-month period	47.62%	39.16%	+8.46%
Volatility (1Y) Calculated over the trailing 1-year period	60.79%	49.57%	+11.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.92%	49.53%	+8.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	391.50%	54.76%	+336.74%

Financials