Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF – Get Free Report) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 823,000 shares, a decline of 33.7% from the October 15th total of 1,240,500 shares. Based on an average daily trading volume, of 353,700 shares, the short-interest ratio is presently 2.3 days.
Wesdome Gold Mines Trading Down 1.5 %
WDOFF traded down $0.12 on Friday, hitting $7.86. 139,084 shares of the company were exchanged, compared to its average volume of 158,308. The firm has a 50-day moving average price of $9.18 and a two-hundred day moving average price of $8.95. Wesdome Gold Mines has a twelve month low of $5.20 and a twelve month high of $10.66.
Analyst Upgrades and Downgrades
Separately, BMO Capital Markets reaffirmed an “outperform” rating on shares of Wesdome Gold Mines in a research report on Friday, October 18th.
Wesdome Gold Mines Company Profile
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
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- Stock Market Upgrades: What Are They?
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- Investing in the High PE Growth Stocks
- Time to Load Up on Home Builders?
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.
