Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$17.17 and last traded at C$16.77, with a volume of 54119 shares. The stock had previously closed at C$16.84.
Analyst Ratings Changes
A number of brokerages recently weighed in on WDO. National Bankshares boosted their price objective on shares of Wesdome Gold Mines from C$19.75 to C$22.00 and gave the company an "outperform" rating in a research report on Wednesday, March 26th. Desjardins raised their price target on Wesdome Gold Mines from C$17.50 to C$18.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Finally, TD Securities upgraded Wesdome Gold Mines to a "hold" rating in a research note on Tuesday, February 4th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Wesdome Gold Mines has a consensus rating of "Moderate Buy" and a consensus price target of C$16.19.
Check Out Our Latest Research Report on WDO
Wesdome Gold Mines Price Performance
The stock has a 50-day moving average of C$15.07 and a two-hundred day moving average of C$13.55. The firm has a market cap of C$2.38 billion, a price-to-earnings ratio of 29.26 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.
Insider Transactions at Wesdome Gold Mines
In related news, Senior Officer Rajbir Gill sold 7,884 shares of the business's stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of C$16.26, for a total transaction of C$128,193.84. 0.17% of the stock is currently owned by insiders.
About Wesdome Gold Mines
(
Get Free Report)
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.
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