Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Stock analysts at Ventum Cap Mkts issued their FY2024 earnings estimates for Wesdome Gold Mines in a research note issued on Tuesday, January 14th. Ventum Cap Mkts analyst P. Ker forecasts that the company will earn $0.88 per share for the year. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $1.29 per share.
Separately, Desjardins upgraded Wesdome Gold Mines to a "hold" rating in a research note on Thursday, October 31st. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Wesdome Gold Mines currently has an average rating of "Moderate Buy" and an average target price of C$15.29.
Read Our Latest Analysis on WDO
Wesdome Gold Mines Stock Performance
Shares of TSE:WDO traded up C$0.35 on Friday, reaching C$13.57. 763,444 shares of the company's stock were exchanged, compared to its average volume of 278,490. Wesdome Gold Mines has a twelve month low of C$7.36 and a twelve month high of C$14.99. The company has a fifty day moving average of C$12.74 and a 200-day moving average of C$12.82. The company has a market capitalization of C$2.03 billion, a price-to-earnings ratio of 52.19 and a beta of 0.85. The company has a current ratio of 1.49, a quick ratio of 0.37 and a debt-to-equity ratio of 0.44.
Insider Buying and Selling
In related news, Director Anthea Ingrid Bath bought 4,250 shares of the company's stock in a transaction dated Monday, November 18th. The stock was purchased at an average price of C$11.83 per share, with a total value of C$50,277.50. Also, Senior Officer Rajbir Gill purchased 2,213 shares of Wesdome Gold Mines stock in a transaction dated Monday, November 18th. The stock was bought at an average price of C$11.65 per share, for a total transaction of C$25,781.45. 0.17% of the stock is currently owned by company insiders.
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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