Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Research analysts at National Bank Financial upped their FY2024 EPS estimates for shares of Wesdome Gold Mines in a research note issued to investors on Monday, November 18th. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.88 per share for the year, up from their previous estimate of $0.73. 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 $1.47 EPS, FY2027 earnings at $1.33 EPS and FY2028 earnings at $0.38 EPS.
Other equities research analysts have also recently issued reports about the stock. Desjardins upgraded shares of Wesdome Gold Mines to a "hold" rating in a research report on Thursday, October 31st. Canaccord Genuity Group increased their price target on Wesdome Gold Mines from C$11.75 to C$14.00 in a report on Tuesday, July 23rd. Ventum Financial boosted their price objective on Wesdome Gold Mines from C$12.05 to C$15.00 in a research note on Thursday, August 29th. Eight Capital raised their target price on Wesdome Gold Mines from C$15.00 to C$16.00 in a research note on Thursday, August 15th. Finally, BMO Capital Markets boosted their price target on Wesdome Gold Mines from C$14.00 to C$18.00 in a research note on Thursday, August 15th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$15.29.
Read Our Latest Stock Report on WDO
Wesdome Gold Mines Trading Up 1.8 %
TSE:WDO traded up C$0.21 on Wednesday, reaching C$12.07. 115,173 shares of the stock traded hands, compared to its average volume of 468,830. The company has a current ratio of 1.49, a quick ratio of 0.37 and a debt-to-equity ratio of 0.44. Wesdome Gold Mines has a 1-year low of C$7.03 and a 1-year high of C$14.99. The company's 50 day moving average is C$12.54 and its 200-day moving average is C$12.24. The firm has a market capitalization of C$1.81 billion, a price-to-earnings ratio of 45.62 and a beta of 0.85.
Insider Buying and Selling
In related news, Senior Officer Frederic Mercier-Langevin sold 5,000 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of C$13.37, for a total value of C$66,850.00. Also, Senior Officer Rajbir Gill bought 2,213 shares of Wesdome Gold Mines stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average cost of C$11.65 per share, for a total transaction of C$25,781.45. In the last ninety days, insiders sold 17,991 shares of company stock valued at $235,103. 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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