Shares of Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Two investment 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 company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$15.29.
A number of analysts have recently weighed in on the company. Desjardins raised Wesdome Gold Mines to a "hold" rating in a research note on Thursday, October 31st. Ventum Financial upped their price objective on shares of Wesdome Gold Mines from C$12.05 to C$15.00 in a research note on Thursday, August 29th.
Read Our Latest Analysis on WDO
Insiders Place Their Bets
In other news, Senior Officer Rajbir Gill bought 2,213 shares of the firm's stock in a transaction on Monday, November 18th. The shares were bought at an average price of C$11.65 per share, for a total transaction of C$25,781.45. Also, Director Anthea Ingrid Bath purchased 4,250 shares of the company's stock in a transaction on 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. Insiders own 0.17% of the company's stock.
Wesdome Gold Mines Price Performance
Wesdome Gold Mines stock traded up C$0.05 during midday trading on Friday, reaching C$12.67. 1,057,265 shares of the stock were exchanged, compared to its average volume of 465,161. The company's fifty day moving average is C$12.55 and its 200-day moving average is C$12.53. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.37 and a current ratio of 1.49. Wesdome Gold Mines has a 52 week low of C$7.03 and a 52 week high of C$14.99. The firm has a market cap of C$1.90 billion, a PE ratio of 48.73 and a beta of 0.85.
About Wesdome Gold Mines
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Get Free ReportWesdome 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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