Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Rajbir Gill Sells 10,822 Shares

Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) Senior Officer Rajbir Gill sold 10,822 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of C$18.56, for a total transaction of C$200,856.32.

Rajbir Gill also recently made the following trade(s):

• On Friday, June 27th, Rajbir Gill sold 14,173 shares of Wesdome Gold Mines stock. The stock was sold at an average price of C$18.62, for a total value of C$263,901.26.

Wesdome Gold Mines Stock Performance

TSE:WDO traded down C$0.21 during midday trading on Thursday, reaching C$18.27. 546,686 shares of the company traded hands, compared to its average volume of 500,582. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 0.37. The firm has a market capitalization of C$2.77 billion, a price-to-earnings ratio of 34.10 and a beta of 0.85. Wesdome Gold Mines Ltd. has a twelve month low of C$10.89 and a twelve month high of C$20.24. The company has a fifty day moving average price of C$18.29 and a 200 day moving average price of C$16.00.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. National Bankshares raised their price objective on shares of 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. Desjardins boosted their price target on shares of Wesdome Gold Mines from C$17.50 to C$18.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. Finally, Royal Bank Of Canada increased their price objective on Wesdome Gold Mines from C$19.00 to C$22.00 in a report on Wednesday, June 4th.

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.