Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$13.66 and traded as high as C$14.34. Wesdome Gold Mines shares last traded at C$14.24, with a volume of 309,803 shares changing hands.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on WDO. Desjardins upgraded 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. TD Securities upgraded shares of Wesdome Gold Mines to a "hold" rating in a research report on Tuesday, February 4th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$15.56.
Check Out Our Latest Research Report on WDO
Wesdome Gold Mines Price Performance
The stock has a 50 day moving average of C$13.74 and a two-hundred day moving average of C$13.12. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 2.14. The stock has a market cap of C$2.21 billion, a PE ratio of 27.12 and a beta of 0.85.
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.
See Also
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
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
