Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$15.12 and last traded at C$14.88, with a volume of 378860 shares changing hands. The stock had previously closed at C$14.63.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on WDO shares. TD Securities raised shares of Wesdome Gold Mines to a "hold" rating in a research report on Tuesday, February 4th. Desjardins upgraded shares of Wesdome Gold Mines from a "hold" rating to a "buy" rating and lifted their target price for the company from C$15.00 to C$17.50 in a report on Thursday. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of C$15.56.
View Our Latest Stock Report on WDO
Wesdome Gold Mines Trading Down 4.0 %
The stock has a market cap of C$2.17 billion, a PE ratio of 26.63 and a beta of 0.85. The company has a quick ratio of 0.37, a current ratio of 2.14 and a debt-to-equity ratio of 0.30. The stock's fifty day moving average price is C$13.59 and its 200 day moving average price is C$13.02.
Insider Buying and Selling at Wesdome Gold Mines
In related news, Director Anthea Ingrid Bath bought 4,250 shares of the stock in a transaction on Monday, November 18th. The shares were acquired at an average price of C$11.83 per share, for a total transaction of C$50,277.50. Also, Senior Officer Rajbir Gill purchased 2,213 shares of Wesdome Gold Mines stock in a transaction dated Monday, November 18th. The stock was bought at an average price of C$11.65 per share, with a total value of C$25,781.45. Company insiders own 0.17% of the company's stock.
Wesdome Gold Mines Company Profile
(
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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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