Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Analysts at Desjardins lifted their FY2024 earnings estimates for shares of Wesdome Gold Mines in a research report issued on Tuesday, January 14th. Desjardins analyst A. Carson now expects that the company will post earnings of $0.88 per share for the year, up from their prior forecast of $0.77. Desjardins has a "Hold" rating on the stock. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $1.29 per share. Desjardins also issued estimates for Wesdome Gold Mines' FY2025 earnings at $1.42 EPS, FY2026 earnings at $1.76 EPS and FY2027 earnings at $1.47 EPS.
Wesdome Gold Mines Trading Up 2.6 %
Shares of Wesdome Gold Mines stock traded up C$0.35 during trading on Friday, hitting C$13.57. The company's stock had a trading volume of 763,444 shares, compared to its average volume of 278,490. The stock has a market cap of C$2.03 billion, a price-to-earnings ratio of 52.19 and a beta of 0.85. Wesdome Gold Mines has a 52 week low of C$7.36 and a 52 week high of C$14.99. The stock has a 50-day moving average price of C$12.74 and a two-hundred day moving average price of C$12.82. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.49 and a quick ratio of 0.37.
Insiders Place Their Bets
In other news, Director Anthea Ingrid Bath acquired 4,250 shares of Wesdome Gold Mines stock in a transaction dated Monday, November 18th. The shares were bought at an average cost of C$11.83 per share, with a total value of C$50,277.50. Also, Senior Officer Rajbir Gill bought 2,213 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were purchased at an average cost of C$11.65 per share, with a total value of C$25,781.45. Company insiders own 0.17% of the company's stock.
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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