Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is C$15.56.
Several analysts have recently issued reports on WDO shares. Desjardins raised shares of Wesdome Gold Mines from a "hold" rating to a "buy" rating and boosted their price target for the company from C$15.00 to C$17.50 in a research report on Thursday, February 13th. TD Securities raised shares of Wesdome Gold Mines to a "hold" rating in a research report on Tuesday, February 4th.
Read Our Latest Research Report on Wesdome Gold Mines
Wesdome Gold Mines Stock Performance
Shares of TSE WDO traded up C$0.26 during midday trading on Wednesday, hitting C$15.20. The company's stock had a trading volume of 329,604 shares, compared to its average volume of 383,649. The stock has a fifty day moving average price of C$14.00 and a 200 day moving average price of C$13.16. Wesdome Gold Mines has a one year low of C$8.98 and a one year high of C$15.33. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of C$2.31 billion, a price-to-earnings ratio of 28.37 and a beta of 0.85.
About Wesdome Gold Mines
(
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.
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
Enter your email address and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
