Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as C$11.46 and last traded at C$11.45, with a volume of 85569 shares traded. The stock had previously closed at C$11.18.
Wall Street Analysts Forecast Growth
Several research firms recently commented on WDO. Eight Capital lifted their price objective on Wesdome Gold Mines from C$10.50 to C$12.00 and gave the stock a "neutral" rating in a report on Monday, April 22nd. National Bankshares reduced their price objective on Wesdome Gold Mines from C$14.75 to C$14.25 in a report on Friday, April 19th. TD Securities dropped their target price on Wesdome Gold Mines from C$13.00 to C$12.00 and set a "buy" rating on the stock in a research report on Thursday. Canaccord Genuity Group raised their target price on Wesdome Gold Mines from C$8.50 to C$11.75 in a research report on Tuesday, April 23rd. Finally, CIBC raised their target price on Wesdome Gold Mines from C$12.00 to C$14.00 in a research report on Monday, April 15th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$11.43.
Get Our Latest Analysis on WDO
Wesdome Gold Mines Trading Up 3.0 %
The company has a debt-to-equity ratio of 9.94, a quick ratio of 0.37 and a current ratio of 0.92. The stock has a market capitalization of C$1.72 billion, a PE ratio of -279.50 and a beta of 0.75. The stock has a 50-day moving average price of C$10.26 and a two-hundred day moving average price of C$8.80.
Wesdome Gold Mines (TSE:WDO - Get Free Report) last posted its quarterly earnings data on Tuesday, March 12th. The company reported C$0.02 earnings per share for the quarter, missing analysts' consensus estimates of C$0.03 by C($0.01). Wesdome Gold Mines had a negative net margin of 1.86% and a negative return on equity of 1.50%. The company had revenue of C$102.22 million for the quarter. As a group, equities analysts forecast that Wesdome Gold Mines Ltd. will post 0.5598886 earnings per share for the current year.
Wesdome Gold Mines Company Profile
(
Get Free Report)
Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. It holds interest in the Eagle River Mine in Ontario; and the Kiena Mine in Québec. The company was formerly known as River Gold Mines Ltd. and changed its name to Wesdome Gold Mines Ltd. Wesdome Gold Mines Ltd.
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