Wesdome Gold Mines Ltd. Expected to Earn FY2024 Earnings of $0.79 Per Share (TSE:WDO)

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Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Investment analysts at Echelon Wealth Partners raised their FY2024 earnings estimates for Wesdome Gold Mines in a research report issued to clients and investors on Tuesday, April 16th. Echelon Wealth Partners analyst R. Walker now expects that the company will earn $0.79 per share for the year, up from their prior estimate of $0.76. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $0.55 per share.

Wesdome Gold Mines (TSE:WDO - Get Free Report) last issued its quarterly earnings data on Tuesday, March 12th. The company reported C$0.02 EPS for the quarter, missing analysts' consensus estimates of C$0.03 by C($0.01). Wesdome Gold Mines had a negative return on equity of 1.50% and a negative net margin of 1.86%. The company had revenue of C$102.22 million for the quarter.

Separately, CIBC boosted their price target on Wesdome Gold Mines from C$12.00 to C$14.00 in a research report on Monday.

Read Our Latest Research Report on WDO

Wesdome Gold Mines Stock Performance

Wesdome Gold Mines stock traded up C$0.21 during midday trading on Thursday, reaching C$11.05. 718,844 shares of the stock traded hands, compared to its average volume of 521,981. Wesdome Gold Mines has a fifty-two week low of C$6.33 and a fifty-two week high of C$11.28. The company has a current ratio of 0.92, a quick ratio of 0.37 and a debt-to-equity ratio of 9.94. The firm has a market cap of C$1.65 billion, a price-to-earnings ratio of -276.25 and a beta of 0.75. The firm has a fifty day moving average price of C$9.80 and a two-hundred day moving average price of C$8.47.


About Wesdome Gold Mines

(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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Earnings History and Estimates for Wesdome Gold Mines (TSE:WDO)

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