Free Trial

Wesdome Gold Mines (TSE:WDO) Sets New 52-Week High - Should You Buy?

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 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

(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

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?

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