Wesdome Gold Mines Ltd. (TSE:WDO - Get Free Report) Senior Officer Kevin Lonergan sold 1,484 shares of Wesdome Gold Mines stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of C$18.21, for a total value of C$27,023.64.
Wesdome Gold Mines Price Performance
WDO stock traded up C$0.18 during mid-day trading on Wednesday, reaching C$18.82. 98,413 shares of the company traded hands, compared to its average volume of 451,398. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 0.37. Wesdome Gold Mines Ltd. has a 52-week low of C$10.61 and a 52-week high of C$18.95. The company has a market capitalization of C$2.86 billion, a P/E ratio of 35.12 and a beta of 0.85. The company has a fifty day moving average price of C$17.04 and a 200-day moving average price of C$14.80.
Wall Street Analyst Weigh In
WDO has been the topic of several recent research reports. Desjardins lifted their price target on Wesdome Gold Mines from C$17.50 to C$18.00 and gave the company a "buy" rating in a research note on Thursday, March 20th. National Bankshares increased their price objective on Wesdome Gold Mines from C$26.75 to C$28.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. TD Securities raised shares of Wesdome Gold Mines to a "hold" rating in a report on Tuesday, February 4th. Finally, Royal Bank of Canada raised their price target on Wesdome Gold Mines from C$17.00 to C$19.00 in a research report on Friday, April 4th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of C$17.81.
Get Our Latest Stock Analysis on Wesdome Gold Mines
Wesdome Gold Mines Company Profile
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Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.
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