Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Echelon Wealth Partners reduced their FY2024 earnings per share estimates for Wesdome Gold Mines in a note issued to investors on Monday, April 8th. Echelon Wealth Partners analyst R. Walker now anticipates that the company will post earnings per share of $0.76 for the year, down from their prior estimate of $0.79. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $0.58 per share.
Separately, CIBC set a C$12.00 target price on Wesdome Gold Mines and gave the stock an "outperform" rating in a research note on Monday, March 18th.
Read Our Latest Analysis on WDO
Wesdome Gold Mines Trading Up 0.8 %
Shares of TSE:WDO traded up C$0.08 on Thursday, reaching C$10.57. 328,689 shares of the company traded hands, compared to its average volume of 515,938. The business's 50-day simple moving average is C$9.59 and its 200 day simple moving average is C$8.34. Wesdome Gold Mines has a 52 week low of C$6.33 and a 52 week high of C$11.28. The stock has a market capitalization of C$1.58 billion, a P/E ratio of -264.25 and a beta of 0.73. The company has a current ratio of 0.92, a quick ratio of 0.37 and a debt-to-equity ratio of 9.94.
Wesdome Gold Mines (TSE:WDO - Get Free Report) last announced its quarterly earnings data on Tuesday, March 12th. The company reported C$0.02 earnings per share (EPS) 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.
Wesdome Gold Mines Company Profile
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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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