WDO.TO vs. DPM.TO
WDO.TO (Wesdome Gold Mines Ltd.) and DPM.TO (Dundee Precious Metals Inc.) are both stocks. Both operate in the Gold industry within the Basic Materials sector. Over the past 10 years, WDO.TO returned 30.81%/yr vs 31.40%/yr for DPM.TO. At a 0.34 correlation, their price movements are largely independent.
Performance
WDO.TO vs. DPM.TO - Performance Comparison
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Returns By Period
In the year-to-date period, WDO.TO achieves a 11.61% return, which is significantly higher than DPM.TO's 5.36% return. Both investments have delivered pretty close results over the past 10 years, with WDO.TO having a 30.81% annualized return and DPM.TO not far ahead at 31.40%.
WDO.TO
- 1D
- 3.21%
- 1M
- -6.48%
- YTD
- 11.61%
- 6M
- 12.50%
- 1Y
- 26.33%
- 3Y*
- 51.49%
- 5Y*
- 15.05%
- 10Y*
- 30.81%
DPM.TO
- 1D
- 1.13%
- 1M
- -0.29%
- YTD
- 5.36%
- 6M
- 10.66%
- 1Y
- 110.63%
- 3Y*
- 71.13%
- 5Y*
- 42.19%
- 10Y*
- 31.40%
WDO.TO vs. DPM.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDO.TO Wesdome Gold Mines Ltd. | 11.61% | 76.14% | 67.44% | 3.07% | -35.01% | 8.38% | 4.42% | 129.57% | 109.95% | 0.96% |
DPM.TO Dundee Precious Metals Inc. | 5.36% | 228.15% | 56.69% | 33.46% | -14.25% | -13.18% | 66.57% | 55.00% | 20.00% | 33.33% |
Correlation
The correlation between WDO.TO and DPM.TO is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2006 | 0.34 |
Over the past year, WDO.TO and DPM.TO have become more correlated (0.60) than their long-term average of 0.34, meaning their price movements have been converging.
Fundamentals
WDO.TO:
CA$3.84B
DPM.TO:
CA$9.88B
WDO.TO:
CA$2.68
DPM.TO:
$2.55
WDO.TO:
9.47
DPM.TO:
12.50
WDO.TO:
0.11
DPM.TO:
0.13
WDO.TO:
3.74
DPM.TO:
5.89
WDO.TO:
3.77
DPM.TO:
2.61
WDO.TO:
CA$1.03B
DPM.TO:
$1.07B
WDO.TO:
CA$636.67M
DPM.TO:
$647.81M
WDO.TO:
CA$694.56M
DPM.TO:
$688.93M
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Return for Risk
WDO.TO vs. DPM.TO — Risk / Return Rank
WDO.TO
DPM.TO
WDO.TO vs. DPM.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wesdome Gold Mines Ltd. (WDO.TO) and Dundee Precious Metals Inc. (DPM.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WDO.TO | DPM.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.39 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 3.81 | -2.69 |
| Martin ratioReturn relative to average drawdown | 2.51 | 10.48 | -7.97 |
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Drawdowns
WDO.TO vs. DPM.TO - Drawdown Comparison
The maximum WDO.TO drawdown since its inception was -89.14%, roughly equal to the maximum DPM.TO drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for WDO.TO and DPM.TO.
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Drawdown Indicators
| WDO.TO | DPM.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.14% | -93.18% | +4.04% |
Max Drawdown (1Y)Largest decline over 1 year | -25.42% | -31.44% | +6.02% |
Max Drawdown (3Y)Largest decline over 3 years | -25.42% | -31.44% | +6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -62.68% | -42.12% | -20.56% |
Max Drawdown (10Y)Largest decline over 10 years | -62.68% | -51.96% | -10.72% |
Current DrawdownCurrent decline from peak | -18.02% | -24.73% | +6.71% |
Average DrawdownAverage peak-to-trough decline | -35.24% | -47.19% | +11.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.33% | 11.41% | -0.08% |
Volatility
WDO.TO vs. DPM.TO - Volatility Comparison
Wesdome Gold Mines Ltd. (WDO.TO) has a higher volatility of 21.04% compared to Dundee Precious Metals Inc. (DPM.TO) at 19.20%. This indicates that WDO.TO's price experiences larger fluctuations and is considered to be riskier than DPM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDO.TO | DPM.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.04% | 19.20% | +1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 41.78% | 39.82% | +1.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.05% | 47.25% | +4.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.93% | 38.86% | +9.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.26% | 47.33% | +5.93% |
Dividends
WDO.TO vs. DPM.TO - Dividend Comparison
WDO.TO has not paid dividends to shareholders, while DPM.TO's dividend yield for the trailing twelve months is around 0.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DPM.TO Dundee Precious Metals Inc. | 0.49% | 0.52% | 1.69% | 2.52% | 2.90% | 1.53% | 1.23% |
WDO.TO Wesdome Gold Mines Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WDO.TO vs. DPM.TO - Financials Comparison
This section allows you to compare key financial metrics between Wesdome Gold Mines Ltd. and Dundee Precious Metals Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
WDO.TO vs. DPM.TO - Profitability Comparison
WDO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a gross profit of 188.53M and revenue of 299.79M. Therefore, the gross margin over that period was 62.9%.
DPM.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a gross profit of 223.10M and revenue of 310.36M. Therefore, the gross margin over that period was 71.9%.
WDO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported an operating income of 177.51M and revenue of 299.79M, resulting in an operating margin of 59.2%.
DPM.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported an operating income of 183.99M and revenue of 310.36M, resulting in an operating margin of 59.3%.
WDO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wesdome Gold Mines Ltd. reported a net income of 118.88M and revenue of 299.79M, resulting in a net margin of 39.7%.
DPM.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dundee Precious Metals Inc. reported a net income of 165.91M and revenue of 310.36M, resulting in a net margin of 53.5%.
Frequently Asked Questions
WDO.TO and DPM.TO have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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