Anthea Ingrid Bath Purchases 4,250 Shares of Wesdome Gold Mines Ltd. (TSE:WDO) Stock

Wesdome Gold Mines Ltd. (TSE:WDO) Director Anthea Ingrid Bath bought 4,250 shares of Wesdome Gold Mines stock in a transaction dated Monday, November 18th. The stock was purchased at an average price of C$11.83 per share, for a total transaction of C$50,277.50.

Wesdome Gold Mines Stock Performance

TSE:WDO opened at C$11.97 on Thursday. Wesdome Gold Mines Ltd. has a 1 year low of C$7.03 and a 1 year high of C$14.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.49 and a quick ratio of 0.37. The business has a fifty day simple moving average of C$12.54 and a two-hundred day simple moving average of C$12.24. The company has a market capitalization of C$1.79 billion, a P/E ratio of 46.04 and a beta of 0.85.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Eight Capital boosted their price objective on Wesdome Gold Mines from C$15.00 to C$16.00 in a research note on Thursday, August 15th. National Bankshares upped their target price on shares of Wesdome Gold Mines from C$17.25 to C$17.50 and gave the stock an “outperform” rating in a research report on Tuesday, August 20th. BMO Capital Markets raised their price target on shares of Wesdome Gold Mines from C$14.00 to C$18.00 in a report on Thursday, August 15th. Desjardins upgraded Wesdome Gold Mines to a “hold” rating in a research report on Thursday, October 31st. Finally, Ventum Financial boosted their target price on Wesdome Gold Mines from C$12.05 to C$15.00 in a research report on Thursday, August 29th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$15.29.

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.