Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as C$15.15 and last traded at C$15.09, with a volume of 188108 shares trading hands. The stock had previously closed at C$14.66.
Analyst Ratings Changes
Several equities analysts recently weighed in on WDO shares. TD Securities raised shares of Wesdome Gold Mines to a "hold" rating in a research report on Tuesday, February 4th. Desjardins raised shares of Wesdome Gold Mines from a "hold" rating to a "buy" rating and lifted their price target for the company from C$15.00 to C$17.50 in a research report on Thursday, February 13th. Two investment 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, Wesdome Gold Mines has an average rating of "Moderate Buy" and an average target price of C$15.56.
View Our Latest Research Report on WDO
Wesdome Gold Mines Stock Performance
The firm's 50 day moving average price is C$14.00 and its 200-day moving average price is C$13.15. The firm has a market cap of C$2.31 billion, a price-to-earnings ratio of 28.37 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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