Stifel Canada Issues Positive Estimate for TSE:WDO Earnings

Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Equities research analysts at Stifel Canada raised their Q2 2025 earnings per share estimates for Wesdome Gold Mines in a note issued to investors on Monday, July 21st. Stifel Canada analyst R. Profiti now expects that the company will post earnings per share of $0.48 for the quarter, up from their previous estimate of $0.46. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $1.29 per share. Stifel Canada also issued estimates for Wesdome Gold Mines' FY2025 earnings at $2.06 EPS and FY2026 earnings at $2.07 EPS.

WDO has been the subject of several other research reports. Royal Bank Of Canada lifted 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 objective 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, Canaccord Genuity Group raised Wesdome Gold Mines from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Wesdome Gold Mines presently has an average rating of "Buy" and an average price target of C$19.50.

Wesdome Gold Mines Price Performance

TSE:WDO traded down C$0.10 during trading hours on Wednesday, hitting C$17.00. 465,138 shares of the company's stock traded hands, compared to its average volume of 536,517. The firm has a market cap of C$2.58 billion, a P/E ratio of 31.73 and a beta of 0.85. Wesdome Gold Mines has a 52 week low of C$10.89 and a 52 week high of C$20.24. The business's fifty day simple moving average is C$18.54 and its two-hundred day simple moving average is C$16.56. The company has a quick ratio of 0.37, a current ratio of 2.14 and a debt-to-equity ratio of 0.30.

Insider Buying and Selling at Wesdome Gold Mines

In other news, Senior Officer Rajbir Gill sold 10,822 shares of Wesdome Gold Mines stock in a transaction dated Monday, June 30th. The stock was sold at an average price of C$18.56, for a total value of C$200,856.32. Also, Senior Officer Kevin Lonergan sold 1,484 shares of Wesdome Gold Mines stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of C$18.21, for a total value of C$27,023.64. Insiders have sold 29,827 shares of company stock worth $556,297 over the last 90 days. Corporate 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.