TD Securities upgraded shares of Wesdome Gold Mines (TSE:WDO - Free Report) to a hold rating in a report released on Tuesday morning,Zacks.com reports.
Separately, Desjardins raised shares of Wesdome Gold Mines to a "hold" rating in a research note on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$15.29.
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Wesdome Gold Mines Trading Up 0.5 %
WDO stock traded up C$0.07 during trading on Tuesday, reaching C$14.63. 295,772 shares of the stock traded hands, compared to its average volume of 326,858. The firm has a market capitalization of C$2.19 billion, a PE ratio of 56.27 and a beta of 0.85. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.49 and a quick ratio of 0.37. The business's 50 day moving average price is C$13.44 and its 200-day moving average price is C$12.97. Wesdome Gold Mines has a 52-week low of C$8.57 and a 52-week high of C$15.10.
Wesdome Gold Mines (TSE:WDO - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported C$0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.14 by C$0.12. Wesdome Gold Mines had a return on equity of 8.68% and a net margin of 9.74%. As a group, sell-side analysts forecast that Wesdome Gold Mines will post 1.293456 earnings per share for the current year.
Insider Activity
In related news, Director Anthea Ingrid Bath purchased 4,250 shares of the firm's stock in a transaction dated 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. Also, Senior Officer Rajbir Gill purchased 2,213 shares of the business's stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average cost of C$11.65 per share, for a total transaction of C$25,781.45. Insiders own 0.17% of the company's stock.
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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