Shares of Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$16.25 and last traded at C$15.93, with a volume of 261105 shares traded. The stock had previously closed at C$16.02.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on WDO shares. Desjardins upped their target price on Wesdome Gold Mines from C$17.50 to C$18.00 and gave the stock a "buy" rating in a report on Thursday. TD Securities upgraded Wesdome Gold Mines to a "hold" rating in a report on Tuesday, February 4th. Two 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. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$15.63.
Get Our Latest Analysis on WDO
Wesdome Gold Mines Trading Up 0.1 %
The stock has a market capitalization of C$2.40 billion, a P/E ratio of 29.52 and a beta of 0.85. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. The company has a 50-day moving average price of C$14.49 and a 200 day moving average price of C$13.31.
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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