Wesdome Gold Mines (TSE:WDO - Get Free Report) had its price target boosted by investment analysts at CIBC from C$12.00 to C$14.00 in a report released on Monday, BayStreet.CA reports. CIBC's target price suggests a potential upside of 33.84% from the company's current price.
Wesdome Gold Mines Stock Performance
TSE:WDO traded down C$0.07 during trading hours on Monday, hitting C$10.46. 438,734 shares of the company traded hands, compared to its average volume of 519,563. 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 has a twelve month low of C$6.33 and a twelve month high of C$11.28. The firm has a 50-day moving average of C$9.67 and a 200 day moving average of C$8.39. The stock has a market capitalization of C$1.56 billion, a price-to-earnings ratio of -259.50 and a beta of 0.75.
Wesdome Gold Mines (TSE:WDO - Get Free Report) last released its earnings results on Tuesday, March 12th. The company reported C$0.02 earnings per share for the quarter, missing the consensus estimate 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 during the quarter. On average, analysts forecast that Wesdome Gold Mines will post 0.5495825 EPS for the current year.
About Wesdome Gold Mines
(
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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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