Wesdome Gold Mines (TSE:WDO) Price Target Raised to C$18.00 at Desjardins

Wesdome Gold Mines (TSE:WDO) had its target price boosted by Desjardins from C$17.50 to C$18.00 in a report published on Thursday morning,BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for Wesdome Gold Mines’ FY2025 earnings at $1.44 EPS, FY2026 earnings at $1.65 EPS and FY2027 earnings at $1.45 EPS.

Separately, TD Securities raised Wesdome Gold Mines to a “hold” rating in a research report on Tuesday, February 4th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Wesdome Gold Mines has a consensus rating of “Moderate Buy” and an average price target of C$15.63.

Wesdome Gold Mines Trading Up 0.1 %

WDO opened at C$15.82 on Thursday. The firm has a market cap of C$2.40 billion, a price-to-earnings ratio of 29.52 and a beta of 0.85. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. Wesdome Gold Mines has a 12 month low of C$9.49 and a 12 month high of C$16.27. The stock has a fifty day moving average price of C$14.49 and a 200-day moving average price of C$13.31.

Wesdome Gold Mines Company Profile

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.