Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The stock traded as high as C$15.10 and last traded at C$15.09, with a volume of 59594 shares trading hands. The stock had previously closed at C$14.74.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on WDO. Desjardins upgraded Wesdome Gold Mines to a "hold" rating in a research report on Thursday, October 31st. TD Securities upgraded shares of Wesdome Gold Mines to a "hold" rating in a report on Tuesday, February 4th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Wesdome Gold Mines currently has an average rating of "Moderate Buy" and a consensus price target of C$15.29.
Get Our Latest Stock Report on WDO
Wesdome Gold Mines Price Performance
The business has a fifty day moving average of C$13.44 and a two-hundred day moving average of C$12.97. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.37 and a current ratio of 1.49. The firm has a market capitalization of C$2.19 billion, a price-to-earnings ratio of 56.27 and a beta of 0.85.
Wesdome Gold Mines (TSE:WDO - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$0.26 EPS for the quarter, beating the consensus estimate of C$0.14 by C$0.12. Wesdome Gold Mines had a net margin of 9.74% and a return on equity of 8.68%. As a group, research analysts predict that Wesdome Gold Mines Ltd. will post 1.293456 EPS for the current fiscal year.
Insiders Place Their Bets
In other Wesdome Gold Mines news, Senior Officer Rajbir Gill purchased 2,213 shares of the firm's 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. Also, Director Anthea Ingrid Bath acquired 4,250 shares of the company's stock in a transaction on Monday, November 18th. The stock was acquired at an average price of C$11.83 per share, with a total value of C$50,277.50. Company insiders own 0.17% of the company's stock.
Wesdome Gold Mines Company Profile
(
Get Free Report)
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.
See Also
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
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
