Wesdome Gold Mines Ltd. Forecasted to Earn FY2026 Earnings of $0.94 Per Share (TSE:WDO)

Wesdome Gold Mines Ltd. (TSE:WDO) – Equities research analysts at Echelon Wealth Partners issued their FY2026 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a report issued on Monday, April 29th. Echelon Wealth Partners analyst R. Walker forecasts that the company will post earnings per share of $0.94 for the year. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $0.55 per share.

Wesdome Gold Mines (TSE:WDO) last announced its quarterly earnings data on Tuesday, March 12th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.01). The company had revenue of C$102.22 million for the quarter. Wesdome Gold Mines had a negative net margin of 1.86% and a negative return on equity of 1.50%.

A number of other analysts have also commented on WDO. Eight Capital lifted their target price on Wesdome Gold Mines from C$10.50 to C$12.00 and gave the stock a “neutral” rating in a report on Monday, April 22nd. National Bankshares reduced their target price on Wesdome Gold Mines from C$14.75 to C$14.25 in a report on Friday, April 19th. Canaccord Genuity Group lifted their target price on Wesdome Gold Mines from C$8.50 to C$11.75 in a report on Tuesday, April 23rd. Finally, CIBC lifted their target price on Wesdome Gold Mines from C$12.00 to C$14.00 in a report on Monday, April 15th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$11.33.

Wesdome Gold Mines Stock Up 1.2 %

Shares of TSE:WDO opened at C$10.42 on Wednesday. The stock has a fifty day simple moving average of C$10.10 and a two-hundred day simple moving average of C$8.70. The stock has a market capitalization of C$1.55 billion, a price-to-earnings ratio of -260.50 and a beta of 0.75. Wesdome Gold Mines has a 12-month low of C$6.33 and a 12-month high of C$11.28. The company has a current ratio of 0.92, a quick ratio of 0.37 and a debt-to-equity ratio of 9.94.

Wesdome Gold Mines Company Profile

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.