Wesdome Gold Mines (TSE:WDO - Free Report) had its target price increased by Desjardins from C$17.50 to C$18.00 in a research note published on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock. Desjardins also issued estimates for Wesdome Gold Mines' FY2025 earnings at $1.44 EPS, FY2026 earnings at $1.65 EPS and FY2027 earnings at $1.45 EPS.
Separately, TD Securities raised Wesdome Gold Mines to a "hold" rating in a report on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$15.63.
Read Our Latest Stock Analysis on Wesdome Gold Mines
Wesdome Gold Mines Price Performance
Shares of Wesdome Gold Mines stock traded up C$0.25 on Thursday, reaching C$16.07. 307,448 shares of the stock were exchanged, compared to its average volume of 395,508. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 2.14. The firm has a market cap of C$2.44 billion, a PE ratio of 29.99 and a beta of 0.85. The firm's 50 day moving average is C$14.49 and its 200-day moving average is C$13.32. Wesdome Gold Mines has a one year low of C$9.49 and a one year high of C$16.27.
Wesdome Gold Mines Company Profile
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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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