TSE:WDO

Wesdome Gold Mines - WDO Stock Forecast, Price & News

C$8.65

-0.14 (-1.59%)

(As of 08/19/2022 12:00 AM ET)

Add

Compare

Today's Range: C$8.65
▼
C$8.86
50-Day Range: C$8.65
▼
C$12.94
52-Week Range: C$8.61
▼
C$16.77

Volume: 373,355 shs
Average Volume: 470,826 shs
Market Capitalization: C$1.23 billion

P/E Ratio: 9.94
Dividend Yield: N/A
Price Target: C$15.64

About Wesdome Gold Mines (TSE:WDO) Stock

Wesdome Gold Mines Ltd. engages in the exploration, extraction, processing, and reclamation of gold in Canada. It principally produces gold in the form of doré bars, as well as silver as a by-product. The company's properties include the Eagle River Complex that consists of the Eagle River Mine, the Mishi Mine, and the Eagle River Mill located in Wawa, Ontario; and the Kiena Mine Complex, which includes the Kiena Mine concession and Kiena Mill situated in Val-d'Or, Québec. Wesdome Gold Mines Ltd. is based in Toronto, Canada.

Wall Street Analysts Forecast Growth

Several research analysts have commented on WDO shares. Canaccord Genuity Group raised Wesdome Gold Mines to a "buy" rating and set a C$14.00 price objective on the stock in a research report on Monday, May 23rd. Echelon Wealth Partners lowered Wesdome Gold Mines from a "buy" rating to a "hold" rating in a research report on Thursday, August 11th. National Bankshares dropped their target price on Wesdome Gold Mines from C$16.00 to C$15.00 and set an "outperform" rating on the stock in a research report on Monday. BMO Capital Markets reaffirmed a "buy" rating and set a C$17.50 target price on shares of Wesdome Gold Mines in a research report on Thursday, May 12th. Finally, Eight Capital lifted their target price on Wesdome Gold Mines from C$16.00 to C$20.00 and gave the stock a "neutral" rating in a research report on Thursday, April 21st. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$15.64.

Wesdome Gold Mines Stock Down 1.8 %

Wesdome Gold Mines stock traded down C$0.16 during midday trading on Friday, hitting C$8.63. The stock had a trading volume of 373,355 shares, compared to its average volume of 470,826. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 3.17. The stock has a market cap of C$1.23 billion and a P/E ratio of 10.16. Wesdome Gold Mines has a 12 month low of C$8.61 and a 12 month high of C$16.77. The business has a fifty day moving average price of C$10.97 and a 200 day moving average price of C$12.79.

Receive WDO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Wesdome Gold Mines and its competitors with MarketBeat's FREE daily newsletter.

WDO Stock News Headlines

August 18, 2022 | americanbankingnews.com

Wesdome Gold Mines Ltd. to Post FY2023 Earnings of $0.79 Per Share, National Bank Financial Forecasts (TSE:WDO)

August 16, 2022 | finance.yahoo.com

Revenue Downgrade: Here's What Analysts Forecast For Wesdome Gold Mines Ltd. (TSE:WDO)

August 16, 2022 | americanbankingnews.com

Wesdome Gold Mines (TSE:WDO) Price Target Lowered to C$15.00 at National Bankshares

August 14, 2022 | americanbankingnews.com

TD Securities Trims Wesdome Gold Mines (TSE:WDO) Target Price to C$14.50

August 13, 2022 | americanbankingnews.com

Wesdome Gold Mines (TSE:WDO) Shares Down 5.3% on Analyst Downgrade

August 4, 2022 | americanbankingnews.com

Wesdome Gold Mines Ltd. (TSE:WDO) Receives C$16.09 Consensus PT from Analysts

July 27, 2022 | americanbankingnews.com

Research Analysts Set Expectations for Wesdome Gold Mines Ltd.'s Q2 2022 Earnings (TSE:WDO)

July 25, 2022 | americanbankingnews.com

Wesdome Gold Mines (TSE:WDO) Price Target Cut to C$15.00

July 21, 2022 | finance.yahoo.com

Wesdome Announces Details of 2022 Second Quarter Financial Results Conference Call

July 14, 2022 | finance.yahoo.com

Wesdome Announces 2022 Second Quarter Production Results

April 19, 2022 | finance.yahoo.com

Wesdome Announces Details of 2022 First Quarter Financial Results Conference Call

April 14, 2022 | finance.yahoo.com

Wesdome Announces 2022 First Quarter Production Results

April 13, 2022 | finance.yahoo.com

Wesdome Gold Mines (TSE:WDO) Is Investing Its Capital With Increasing Efficiency

April 11, 2022 | ca.finance.yahoo.com

Got $1,000? 3 Stocks That Are Excellent Value

April 7, 2022 | benzinga.com

RBC Capital Initiates Coverage On Wesdome Gold Mines with Sector Perform Rating, Announces Price Target of C$16

March 30, 2022 | ca.investing.com

Top Pick: 1 Gold Stock With Mind-Blowing 640% Profit Growth

March 14, 2022 | finance.yahoo.com

Investing in Wesdome Gold Mines (TSE:WDO) five years ago would have delivered you a 270% gain

March 10, 2022 | finance.yahoo.com

Wesdome Announces 2021 Fourth Quarter and Full Year Financial Results

February 11, 2022 | finance.yahoo.com

Wesdome Gold Mines Ltd.'s (TSE:WDO) Stock Is Going Strong: Is the Market Following Fundamentals?

December 15, 2021 | finance.yahoo.com

Wesdome Announces Drilling at the Eagle River Mine Discovers North Contact Zone and Zones Parallel to the Falcon Zone

December 8, 2021 | finance.yahoo.com

What Type Of Shareholders Make Up Wesdome Gold Mines Ltd.'s (TSE:WDO) Share Registry?

November 3, 2021 | ca.finance.yahoo.com

Don’t Miss the Bus: 3 Great Buys for Year-End 2021

October 20, 2021 | finance.yahoo.com

There's Been No Shortage Of Growth Recently For Wesdome Gold Mines' (TSE:WDO) Returns On Capital

September 29, 2021 | msn.com

Gold & Silver: 4 Mining Stocks With Returns of More Than 250%

September 29, 2021 | finance.yahoo.com

Wesdome Continues to Define Kiena High Grade Zones Near Underground Infrastructure and at Surface

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive WDO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Wesdome Gold Mines and its competitors with MarketBeat's FREE daily newsletter.

WDO Company Calendar

Today: 8/19/2022
Next Earnings (Estimated): 11/09/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:WDO
CUSIP: N/A
CIK: N/A
Web: www.wesdome.com
Phone: +1-416-3603743
Fax: N/A
Employees: 301
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$15.64
High Stock Price Forecast: C$20.00
Low Stock Price Forecast: C$13.50
Forecasted Upside/Downside: +80.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 9.94
Forward P/E Ratio: 10.30
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 3.17
Current Ratio: 0.93
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: C$281.68 million
Price / Sales: 4.38
Cash Flow: C$0.15 per share
Price / Cash Flow: 58.79
Book Value: C$2.75 per share
Price / Book: 3.15

Miscellaneous

Outstanding Shares: 142,487,000
Free Float: N/A
Market Cap: C$1.23 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Duncan Middlemiss P.Eng. (Age 60)
Pres, CEO & Director
Comp: $1.26M

Mr. Scott Gilbert C.A.
CPA, CPA, CA, Chief Financial Officer

Mr. Rajbir Gill
VP of Corp. Devel.

Mr. Michael Michaud M.Sc.
P.Geo., VP of Exploration

Mr. Frederic Mercier-Langevin
Chief Operating Officer

Ms. Lindsay Carpenter Dunlop
VP of Investor Relations

Ms. Stacy Kimmett
VP of HR

Mr. Daniel Lapointe P.Geo.
MSc., Chief Geologist of Eagle River Mine

Ms. Joanna Miller
VP of Sustainability and Environment

Ms. Heather Anne Laxton
Chief Governance Officer & Corp. Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

WDO Stock - Frequently Asked Questions

Should I buy or sell Wesdome Gold Mines stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wesdome Gold Mines in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WDO shares.
View WDO analyst ratings or view top-rated stocks.
What is Wesdome Gold Mines' stock price forecast for 2022?: 10 Wall Street research analysts have issued 1-year target prices for Wesdome Gold Mines' shares. Their WDO share price forecasts range from C$13.50 to C$20.00. On average, they expect the company's stock price to reach C$15.64 in the next twelve months. This suggests a possible upside of 80.8% from the stock's current price.
View analysts price targets for WDO or view top-rated stocks among Wall Street analysts.
How have WDO shares performed in 2022?: Wesdome Gold Mines' stock was trading at C$11.51 at the start of the year. Since then, WDO stock has decreased by 24.8% and is now trading at C$8.65.
View the best growth stocks for 2022 here.
When is Wesdome Gold Mines' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our WDO earnings forecast.

What other stocks do shareholders of Wesdome Gold Mines own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Wesdome Gold Mines investors own include Alexco Resource (AXU), Kirkland Lake Gold (KL), Alacer Gold (ASR), First Majestic Silver (FR), New Gold (NGD), Osisko Mining (OSK), Barrick Gold (ABX), Aurora Cannabis (ACB), Agnico Eagle Mines (AEM) and Fortis (FTS).
What is Wesdome Gold Mines' stock symbol?: Wesdome Gold Mines trades on the Toronto Stock Exchange (TSX) under the ticker symbol "WDO."
How do I buy shares of Wesdome Gold Mines?: Shares of WDO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Wesdome Gold Mines' stock price today?: One share of WDO stock can currently be purchased for approximately C$8.65.
How much money does Wesdome Gold Mines make?: Wesdome Gold Mines (TSE:WDO) has a market capitalization of C$1.23 billion and generates C$281.68 million in revenue each year.
How many employees does Wesdome Gold Mines have?: The company employs 301 workers across the globe.
How can I contact Wesdome Gold Mines?: Wesdome Gold Mines' mailing address is 8 King Street East, Suite 1305, TORONTO, ON 00000, Canada. The official website for the company is www.wesdome.com. The company can be reached via phone at +1-416-3603743.

This page (TSE:WDO) was last updated on 8/19/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here