Wesdome Gold Mines (TSE:WDO - Free Report) had its price target hoisted by Canaccord Genuity Group from C$8.50 to C$11.75 in a report published on Tuesday, BayStreet.CA reports.
Other research analysts have also recently issued research reports about the stock. CIBC boosted their price target on shares of Wesdome Gold Mines from C$12.00 to C$14.00 in a report on Monday, April 15th. National Bankshares lowered their target price on shares of Wesdome Gold Mines from C$14.75 to C$14.25 in a report on Friday. Finally, Eight Capital upped 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. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of Hold and an average target price of C$11.33.
Read Our Latest Report on Wesdome Gold Mines
Wesdome Gold Mines Stock Up 3.3 %
TSE WDO traded up C$0.34 on Tuesday, hitting C$10.62. 303,342 shares of the stock were exchanged, compared to its average volume of 516,052. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 9.94. 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 market cap of C$1.58 billion, a PE ratio of -267.00 and a beta of 0.75. The company has a 50-day moving average price of C$9.86 and a 200-day moving average price of C$8.55.
Wesdome Gold Mines (TSE:WDO - Get Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The company reported C$0.02 EPS for the quarter, missing the consensus estimate 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. Sell-side analysts anticipate that Wesdome Gold Mines will post 0.5495825 EPS for the current fiscal 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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