Wesdome Gold Mines (OTCMKTS:WDOFF) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Wesdome Gold Mines Ltd. (OTCMKTS:WDOFFGet Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.49 and traded as high as $11.69. Wesdome Gold Mines shares last traded at $11.59, with a volume of 294,870 shares traded.

Analyst Upgrades and Downgrades

Separately, TD Securities began coverage on Wesdome Gold Mines in a research note on Tuesday, February 4th. They issued a “hold” rating on the stock.

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Wesdome Gold Mines Price Performance

The stock has a 50-day simple moving average of $10.28 and a 200-day simple moving average of $9.52.

About Wesdome Gold Mines

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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.

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