Wesdome Gold Mines (TSE:WDO - Get Free Report) had its price objective increased by National Bankshares from C$19.75 to C$22.00 in a report issued on Wednesday,BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. National Bankshares' price target points to a potential upside of 30.64% from the stock's previous close.
Several other analysts also recently issued reports on the stock. Desjardins upped their price objective on shares of Wesdome Gold Mines from C$17.50 to C$18.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. TD Securities raised Wesdome Gold Mines to a "hold" rating in a research report on Tuesday, February 4th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$16.19.
View Our Latest Stock Report on Wesdome Gold Mines
Wesdome Gold Mines Stock Down 0.7 %
Wesdome Gold Mines stock traded down C$0.12 during mid-day trading on Wednesday, hitting C$16.84. 518,542 shares of the company's stock were exchanged, compared to its average volume of 402,639. Wesdome Gold Mines has a 1-year low of C$9.89 and a 1-year high of C$17.13. The stock has a 50 day moving average of C$14.81 and a two-hundred day moving average of C$13.46. The stock has a market cap of C$2.56 billion, a P/E ratio of 31.43 and a beta of 0.85. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30.
Wesdome Gold Mines Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Wesdome Gold Mines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wesdome Gold Mines wasn't on the list.
While Wesdome Gold Mines currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
