Wesdome Gold Mines Ltd. (TSE:WDO – Get Free Report) has earned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is C$14.38.
WDO has been the subject of a number of analyst reports. BMO Capital Markets boosted their price objective on Wesdome Gold Mines from C$14.00 to C$18.00 in a research report on Thursday, August 15th. Ventum Cap Mkts raised shares of Wesdome Gold Mines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 28th. Ventum Financial raised their price objective on shares of Wesdome Gold Mines from C$12.05 to C$15.00 in a report on Thursday, August 29th. Canaccord Genuity Group boosted their target price on shares of Wesdome Gold Mines from C$11.75 to C$14.00 in a research note on Tuesday, July 23rd. Finally, CIBC increased their target price on Wesdome Gold Mines from C$14.00 to C$14.50 in a report on Wednesday, July 10th.
Get Our Latest Stock Analysis on WDO
Insider Activity at Wesdome Gold Mines
Wesdome Gold Mines Stock Performance
TSE:WDO opened at C$14.16 on Wednesday. Wesdome Gold Mines has a 52 week low of C$6.84 and a 52 week high of C$14.99. The company has a fifty day simple moving average of C$13.10 and a two-hundred day simple moving average of C$11.49. The company has a quick ratio of 0.37, a current ratio of 1.49 and a debt-to-equity ratio of 0.44. The company has a market cap of C$2.12 billion, a price-to-earnings ratio of 54.46 and a beta of 0.86.
Wesdome Gold Mines (TSE:WDO – Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported C$0.19 EPS for the quarter, topping the consensus estimate of C$0.14 by C$0.05. Wesdome Gold Mines had a return on equity of 8.68% and a net margin of 9.74%. The firm had revenue of C$127.80 million during the quarter. As a group, equities analysts anticipate that Wesdome Gold Mines will post 1.2298507 earnings per share for the current fiscal year.
About Wesdome Gold Mines
Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. It holds interest in the Eagle River Mine in Ontario; and the Kiena Mine in Québec. The company was formerly known as River Gold Mines Ltd. and changed its name to Wesdome Gold Mines Ltd. Wesdome Gold Mines Ltd.
Read More
- Five stocks we like better than Wesdome Gold Mines
- Differences Between Momentum Investing and Long Term Investing
- Symbotic’s Double-Bagger Potential as It Hits a Key Inflection
- Why Are These Companies Considered Blue Chips?
- High Dividend Yields Make These 2 Shipping Stocks Stand Out
- Why Are Stock Sectors Important to Successful Investing?
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
Receive News & Ratings for Wesdome Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wesdome Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.