A number of other equities analysts have also recently issued reports on the stock. Eight Capital cut their target price on shares of Wesdome Gold Mines from C$17.50 to C$15.00 in a report on Wednesday, October 26th. BMO Capital Markets lowered their price objective on Wesdome Gold Mines from C$15.00 to C$14.00 in a research note on Wednesday, January 18th. Canaccord Genuity Group cut their target price on Wesdome Gold Mines from C$10.00 to C$9.00 in a research note on Thursday, October 20th. TD Securities lowered their price target on shares of Wesdome Gold Mines from C$12.50 to C$11.50 and set a buy rating for the company in a research report on Thursday, November 10th. Finally, National Bankshares dropped their price objective on shares of Wesdome Gold Mines from C$14.00 to C$11.25 and set an outperform rating on the stock in a report on Friday, January 13th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus price target of C$12.39.
Wesdome Gold Mines Price Performance
Shares of TSE WDO opened at C$6.60 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.37 and a debt-to-equity ratio of 9.89. The company has a market capitalization of C$940.41 million and a price-to-earnings ratio of 73.33. Wesdome Gold Mines has a twelve month low of C$6.27 and a twelve month high of C$16.77. The business has a 50 day simple moving average of C$8.09 and a 200-day simple moving average of C$8.69.
Insider Activity at Wesdome Gold Mines
In other Wesdome Gold Mines news, Director Charles Main sold 10,000 shares of the business’s stock in a transaction dated Wednesday, December 7th. The shares were sold at an average price of C$8.60, for a total transaction of C$86,000.00. Following the sale, the director now directly owns 5,000 shares in the company, valued at approximately C$43,000.
Wesdome Gold Mines Company Profile
Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. It principally produces gold in the form of doré bars, as well as silver as a by-product. The company's properties include the Eagle River Complex that consists of the Eagle River Mine, the Mishi Mine, and the Eagle River Mill located in Wawa, Ontario; and the Kiena Mine Complex, which includes the Kiena Mine concession and Kiena Mill situated in Val-d'Or, Québec.
- Is the Northrop Grumman Selloff an Opportunity?
- Is the Worst Behind for Under Armor Stock with a New CEO?
- Analysts Like The Fit Of Skechers USA
- What Does Microsoft’s Investment in ChatGBT Mean for MSFT Stock?
- Can We Trust The Rally In The S&P 500
Receive News & Ratings for Wesdome Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wesdome Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.