FY2024 EPS Estimates for Wesdome Gold Mines Ltd. Increased by Echelon Wealth Partners (TSE:WDO)

Wesdome Gold Mines Ltd. (TSE:WDOFree Report) – Echelon Wealth Partners upped their FY2024 earnings estimates for Wesdome Gold Mines in a note issued to investors on Tuesday, April 16th. Echelon Wealth Partners analyst R. Walker now anticipates that the company will post earnings of $0.79 per share for the year, up from their prior forecast of $0.76. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $0.55 per share.

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

View Our Latest Research Report on Wesdome Gold Mines

Wesdome Gold Mines Price Performance

WDO opened at C$11.05 on Thursday. Wesdome Gold Mines has a one year low of C$6.33 and a one year high of C$11.28. 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’s 50 day simple moving average is C$9.80 and its 200-day simple moving average is C$8.47. The stock has a market capitalization of C$1.65 billion, a P/E ratio of -276.25 and a beta of 0.75.

Wesdome Gold Mines (TSE:WDOGet Free Report) last posted its quarterly earnings data 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). The firm had revenue of C$102.22 million for the quarter. Wesdome Gold Mines had a negative return on equity of 1.50% and a negative net margin of 1.86%.

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 Qu├ębec. The company was formerly known as River Gold Mines Ltd. and changed its name to Wesdome Gold Mines Ltd. Wesdome Gold Mines Ltd.

See Also

Earnings History and Estimates for Wesdome Gold Mines (TSE:WDO)

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