Wesdome Gold Mines Ltd. (TSE:WDO - Free Report) - Echelon Wealth Partners issued their Q1 2024 earnings per share estimates for shares of Wesdome Gold Mines in a research note issued to investors on Monday, April 29th. Echelon Wealth Partners analyst R. Walker expects that the company will earn $0.08 per share for the quarter. The consensus estimate for Wesdome Gold Mines' current full-year earnings is $0.55 per share. Echelon Wealth Partners also issued estimates for Wesdome Gold Mines' Q2 2024 earnings at $0.17 EPS, Q3 2024 earnings at $0.19 EPS, Q4 2024 earnings at $0.19 EPS, FY2024 earnings at $0.62 EPS and FY2025 earnings at $0.78 EPS.
Wesdome Gold Mines (TSE:WDO - Get Free Report) last issued its earnings results 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 firm had revenue of C$102.22 million for the quarter.
WDO has been the topic of a number of other research reports. National Bankshares dropped their price objective on Wesdome Gold Mines from C$14.75 to C$14.25 in a report on Friday, April 19th. CIBC upped their target price on Wesdome Gold Mines from C$12.00 to C$14.00 in a report on Monday, April 15th. Eight Capital raised their target price on shares of 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, Canaccord Genuity Group increased their price objective on Wesdome Gold Mines from C$8.50 to C$11.75 in a research note on Tuesday, April 23rd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of C$11.33.
Check Out Our Latest Stock Report on Wesdome Gold Mines
Wesdome Gold Mines Stock Performance
Shares of TSE:WDO traded down C$0.17 during midday trading on Thursday, hitting C$10.25. The stock had a trading volume of 263,946 shares, compared to its average volume of 496,189. Wesdome Gold Mines has a 1 year low of C$6.33 and a 1 year high of C$11.28. The stock has a 50 day moving average price of C$10.12 and a two-hundred day moving average price of C$8.71. The company has a market capitalization of C$1.53 billion, a PE ratio of -256.25 and a beta of 0.75. The company has a current ratio of 0.92, a quick ratio of 0.37 and a debt-to-equity ratio of 9.94.
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.
Read More
Before you consider Wesdome Gold Mines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wesdome Gold Mines wasn't on the list.
While Wesdome Gold Mines currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
