Wesdome Gold Mines (OTCMKTS:WDOFF) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Wesdome Gold Mines Ltd. (OTCMKTS:WDOFFGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.49 and traded as high as $11.69. Wesdome Gold Mines shares last traded at $11.59, with a volume of 294,870 shares trading hands.

Analysts Set New Price Targets

Separately, TD Securities initiated coverage on Wesdome Gold Mines in a research note on Tuesday, February 4th. They issued a “hold” rating for the company.

Check Out Our Latest Stock Analysis on Wesdome Gold Mines

Wesdome Gold Mines Stock Performance

The firm’s 50 day moving average is $10.19 and its 200 day moving average is $9.49.

About Wesdome Gold Mines

(Get Free Report)

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.

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