Rajbir Gill Sells 14,173 Shares of Wesdome Gold Mines Ltd. (TSE:WDO) Stock

Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) Senior Officer Rajbir Gill sold 14,173 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of C$18.62, for a total transaction of C$263,901.26.

Wesdome Gold Mines Stock Up 1.8%

Shares of TSE:WDO traded up C$0.33 during trading on Monday, hitting C$18.97. The stock had a trading volume of 401,889 shares, compared to its average volume of 495,230. The company has a quick ratio of 0.37, a current ratio of 2.14 and a debt-to-equity ratio of 0.30. The company has a market capitalization of C$2.88 billion, a PE ratio of 35.40 and a beta of 0.85. The firm's fifty day moving average is C$18.21 and its 200 day moving average is C$15.91. Wesdome Gold Mines Ltd. has a 12 month low of C$10.89 and a 12 month high of C$20.24.

Wall Street Analysts Forecast Growth

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

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.

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