Joanna Miller Sells 1,391 Shares of Wesdome Gold Mines Ltd. (TSE:WDO) Stock

Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Joanna Miller sold 1,391 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$13.23, for a total transaction of C$18,402.93. Following the completion of the transaction, the insider now owns 706 shares in the company, valued at approximately C$9,340.38.

Wesdome Gold Mines Price Performance

Shares of WDO opened at C$12.42 on Thursday. The business’s fifty day moving average is C$12.85 and its 200 day moving average is C$11.28. Wesdome Gold Mines Ltd. has a 12-month low of C$6.84 and a 12-month high of C$14.99. The company has a quick ratio of 0.37, a current ratio of 1.49 and a debt-to-equity ratio of 0.44. The stock has a market cap of C$1.86 billion, a P/E ratio of 47.65 and a beta of 0.85.

Analyst Ratings Changes

WDO has been the subject of several research analyst reports. Ventum Financial lifted their price objective on Wesdome Gold Mines from C$12.05 to C$15.00 in a research report on Thursday, August 29th. TD Securities cut their price target on Wesdome Gold Mines from C$13.00 to C$12.00 and set a “buy” rating on the stock in a report on Thursday, May 9th. Canaccord Genuity Group lifted their price objective on shares of Wesdome Gold Mines from C$11.75 to C$14.00 in a research note on Tuesday, July 23rd. CIBC boosted their target price on shares of Wesdome Gold Mines from C$14.00 to C$14.50 in a research report on Wednesday, July 10th. Finally, Eight Capital raised their price target on shares of Wesdome Gold Mines from C$15.00 to C$16.00 in a report on Thursday, August 15th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$14.38.

About Wesdome Gold Mines

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.