Wesdome Gold Mines Ltd. to Post FY2026 Earnings of $0.94 Per Share, Echelon Wealth Partners Forecasts (TSE:WDO)

Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Analysts at Echelon Wealth Partners issued their FY2026 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a research note issued on Monday, April 29th. Echelon Wealth Partners analyst R. Walker expects that the company will post earnings of $0.94 per share for the year. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $0.55 per share.

A number of other brokerages also recently commented on WDO. National Bankshares cut their price objective on shares of Wesdome Gold Mines from C$14.75 to C$14.25 in a research report on Friday, April 19th. Canaccord Genuity Group increased their price target on shares of Wesdome Gold Mines from C$8.50 to C$11.75 in a report on Tuesday, April 23rd. Eight Capital lifted their price objective on Wesdome Gold Mines from C$10.50 to C$12.00 and gave the company a "neutral" rating in a report on Monday, April 22nd. Finally, CIBC increased their target price on Wesdome Gold Mines from C$12.00 to C$14.00 in a research note on Monday, April 15th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of C$11.33.

Wesdome Gold Mines Stock Performance

Shares of WDO traded up C$0.12 during mid-day trading on Wednesday, hitting C$10.42. 187,006 shares of the company's stock were exchanged, compared to its average volume of 498,921. The firm has a market capitalization of C$1.55 billion, a P/E ratio of -257.50 and a beta of 0.75. Wesdome Gold Mines has a fifty-two week low of C$6.33 and a fifty-two week high of C$11.28. The business's 50 day moving average is C$10.07 and its two-hundred day moving average is C$8.69. 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 issued 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). The firm had revenue of C$102.22 million during the quarter. Wesdome Gold Mines had a negative net margin of 1.86% and a negative return on equity of 1.50%.

Wesdome Gold Mines Company Profile

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.