TSE:WDO FY2025 EPS Boosted by National Bank Financial

Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Investment analysts at National Bank Financial upped their FY2025 earnings per share estimates for Wesdome Gold Mines in a note issued to investors on Tuesday, March 25th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $1.70 for the year, up from their prior forecast of $1.63. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Wesdome Gold Mines' FY2026 earnings at $1.45 EPS.

Several other research firms have also recently weighed in on WDO. TD Securities raised Wesdome Gold Mines to a "hold" rating in a research report on Tuesday, February 4th. Desjardins raised their price target on shares of Wesdome Gold Mines from C$17.50 to C$18.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Finally, National Bankshares boosted their price objective on shares of Wesdome Gold Mines from C$19.75 to C$22.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 26th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$16.19.

Wesdome Gold Mines Stock Up 1.6 %

TSE WDO traded up C$0.27 on Thursday, reaching C$17.11. The company had a trading volume of 149,049 shares, compared to its average volume of 398,476. The company's fifty day moving average is C$14.81 and its 200-day moving average is C$13.46. Wesdome Gold Mines has a 1-year low of C$9.89 and a 1-year high of C$17.17. The firm has a market capitalization of C$2.60 billion, a price-to-earnings ratio of 31.93 and a beta of 0.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 2.14.

About Wesdome Gold Mines

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.