Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$15.49 and last traded at C$15.47, with a volume of 16786 shares changing hands. The stock had previously closed at C$15.23.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. TD Securities upgraded Wesdome Gold Mines to a "hold" rating in a research note on Tuesday, February 4th. Desjardins upgraded Wesdome Gold Mines from a "hold" rating to a "buy" rating and lifted their price objective for the company from C$15.00 to C$17.50 in a research note on Thursday, February 13th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$15.56.
View Our Latest Stock Report on Wesdome Gold Mines
Wesdome Gold Mines Stock Performance
The firm has a 50 day moving average of C$14.22 and a two-hundred day moving average of C$13.21. The stock has a market cap of C$2.37 billion, a PE ratio of 29.13 and a beta of 0.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 0.37.
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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