Wesdome Gold Mines (TSE:WDO) PT Lowered to C$14.25

Wesdome Gold Mines (TSE:WDO - Get Free Report) had its price objective decreased by National Bankshares from C$14.75 to C$14.25 in a research report issued on Friday, BayStreet.CA reports. National Bankshares' target price indicates a potential upside of 27.46% from the company's previous close.

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

Wesdome Gold Mines Stock Up 1.2 %

Wesdome Gold Mines stock traded up C$0.13 during midday trading on Friday, hitting C$11.18. 315,578 shares of the stock were exchanged, compared to its average volume of 519,301. Wesdome Gold Mines has a 1 year low of C$6.33 and a 1 year high of C$11.28. The firm has a market cap of C$1.67 billion, a P/E ratio of -279.00 and a beta of 0.75. The company has a debt-to-equity ratio of 9.94, a current ratio of 0.92 and a quick ratio of 0.37. The company has a 50 day moving average price of C$9.80 and a two-hundred day moving average price of C$8.47.

Wesdome Gold Mines (TSE:WDO - Get Free Report) last released its quarterly earnings results on Tuesday, March 12th. The company reported C$0.02 earnings per share (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. On average, sell-side analysts predict that Wesdome Gold Mines will post 0.5495825 earnings per share for the current fiscal year.

About Wesdome Gold Mines

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.