Free Trial

Wesdome Gold Mines (TSE:WDO) Reaches New 12-Month High - What's Next?

Wesdome Gold Mines logo with Basic Materials background
Remove Ads

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

(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.

Featured Articles

Should You Invest $1,000 in Wesdome Gold Mines Right Now?

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

7 AI Stocks to Invest in Today: Capitalizing on AI and Tech Trends in 2025 Cover

Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Institutions Are Dumping These 3 Stocks—Should You?
Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads