Recent Investment Analysts’ Ratings Changes for Wesdome Gold Mines (WDO)

A number of firms have modified their ratings and price targets on shares of Wesdome Gold Mines (TSE: WDO) recently:

• 8/29/2024 – Wesdome Gold Mines had its price target raised by analysts at Ventum Financial from C$12.05 to C$15.00.
• 8/20/2024 – Wesdome Gold Mines had its price target raised by analysts at National Bankshares, Inc. from C$17.25 to C$17.50. They now have an “outperform” rating on the stock.
• 8/15/2024 – Wesdome Gold Mines had its price target raised by analysts at BMO Capital Markets from C$14.00 to C$18.00.
• 8/15/2024 – Wesdome Gold Mines had its price target raised by analysts at Eight Capital from C$15.00 to C$16.00.
• 7/23/2024 – Wesdome Gold Mines had its price target raised by analysts at Canaccord Genuity Group Inc. from C$11.75 to C$14.00.
• 7/11/2024 – Wesdome Gold Mines had its price target raised by analysts at Eight Capital from C$12.00 to C$15.00.
• 7/10/2024 – Wesdome Gold Mines had its price target raised by analysts at CIBC from C$14.00 to C$14.50.

Wesdome Gold Mines Stock Down 3.7 %

Shares of WDO opened at C$12.89 on Tuesday. Wesdome Gold Mines Ltd. has a 12 month low of C$6.84 and a 12 month high of C$14.99. The company has a 50-day moving average price of C$12.82 and a two-hundred day moving average price of C$11.25. The company has a quick ratio of 0.37, a current ratio of 1.49 and a debt-to-equity ratio of 0.44. The stock has a market cap of C$1.93 billion, a price-to-earnings ratio of 49.58 and a beta of 0.85.

Insider Activity

In other news, Senior Officer Frederic Mercier-Langevin sold 5,000 shares of Wesdome Gold Mines stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of C$13.46, for a total value of C$67,300.00. 0.17% of the stock is currently owned by corporate insiders.

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.