TSE:WDO FY2025 EPS Lifted by National Bank Financial

Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Investment analysts at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $2.48 for the year, up from their previous estimate of $2.11. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Wesdome Gold Mines' FY2026 earnings at $2.52 EPS and FY2026 earnings at $2.52 EPS.

WDO has been the subject of several other reports. National Bankshares increased their price target on shares of Wesdome Gold Mines from C$26.75 to C$28.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Royal Bank Of Canada increased their price target on shares of Wesdome Gold Mines from C$19.00 to C$22.00 in a research report on Wednesday, June 4th. Finally, Stifel Canada upgraded shares of Wesdome Gold Mines to a "strong-buy" rating in a research report on Tuesday, July 8th.

Wesdome Gold Mines Stock Up 1.6%

Shares of TSE:WDO traded up C$0.28 during trading on Friday, hitting C$17.28. The company's stock had a trading volume of 627,719 shares, compared to its average volume of 538,654. The business has a 50 day moving average price of C$18.50 and a two-hundred day moving average price of C$16.49. The company has a market capitalization of C$2.62 billion, a PE ratio of 32.25 and a beta of 0.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 2.14. Wesdome Gold Mines has a fifty-two week low of C$10.89 and a fifty-two week high of C$20.24.

Insiders Place Their Bets

In other Wesdome Gold Mines news, Senior Officer Rajbir Gill sold 14,173 shares of the company's stock in a transaction dated Friday, June 27th. The shares were 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 company's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of C$19.27, for a total transaction of C$64,515.96. In the last 90 days, insiders sold 29,827 shares of company stock worth $556,297. Insiders own 0.17% of the company's stock.

About Wesdome Gold Mines

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.