TSE:WDO Q2 EPS Estimate Boosted by National Bank Financial

Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Equities researchers at National Bank Financial raised their Q2 2025 earnings per share estimates for Wesdome Gold Mines in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.58 per share for the quarter, up from their previous forecast of $0.49. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $1.29 per share.

Several other equities analysts have also commented on WDO. Royal Bank Of Canada upped their target price on Wesdome Gold Mines from C$19.00 to C$22.00 in a research note on Wednesday, June 4th. National Bankshares upped their target price on Wesdome Gold Mines from C$26.75 to C$28.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. Finally, Stifel Canada upgraded Wesdome Gold Mines to a "strong-buy" rating in a research note on Tuesday, July 8th.

Wesdome Gold Mines Price Performance

Shares of TSE:WDO traded down C$0.08 on Thursday, hitting C$17.00. The company had a trading volume of 341,887 shares, compared to its average volume of 538,009. The company has a market cap of C$2.58 billion, a PE ratio of 31.73 and a beta of 0.85. The business has a 50 day moving average of C$18.49 and a 200 day moving average of C$16.42. Wesdome Gold Mines has a 52-week low of C$10.89 and a 52-week high of C$20.24. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30.

Insider Activity at Wesdome Gold Mines

In related news, Senior Officer Rajbir Gill sold 14,173 shares of the stock in a transaction dated Friday, June 27th. The stock was sold at an average price of C$18.62, for a total value of C$263,901.26. Also, Senior Officer Robert Kristian Fitzgerald Kallio sold 3,348 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of C$19.27, for a total value of C$64,515.96. Over the last 90 days, insiders sold 29,827 shares of company stock valued at $556,297. Insiders own 0.17% of the company's stock.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.