TSE:WDO FY2025 EPS Increased by National Bank Financial

Wesdome Gold Mines Ltd. (TSE:WDO) – Stock analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $2.48 for the year, up from their prior estimate of $2.11. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Wesdome Gold Mines’ FY2026 earnings at $2.52 EPS and FY2026 earnings at $2.52 EPS.

Other analysts also recently issued reports about the company. National Bankshares raised their target price on Wesdome Gold Mines from C$26.75 to C$28.00 and gave the company an “outperform” rating in a research note on Thursday, May 22nd. Stifel Canada raised shares of Wesdome Gold Mines to a “strong-buy” rating in a research report on Tuesday, July 8th. Finally, Royal Bank Of Canada boosted their target price on Wesdome Gold Mines from C$19.00 to C$22.00 in a research note on Wednesday, June 4th.

Wesdome Gold Mines Stock Performance

Shares of Wesdome Gold Mines stock opened at C$17.00 on Friday. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. The business has a 50-day moving average price of C$18.51 and a two-hundred day moving average price of C$16.39. The company has a market cap of C$2.58 billion, a P/E ratio of 31.73 and a beta of 0.85. Wesdome Gold Mines has a 1-year low of C$10.89 and a 1-year high of C$20.24.

Insider Buying and Selling

In related news, Senior Officer Robert Kristian Fitzgerald Kallio sold 3,348 shares of Wesdome Gold Mines stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of C$19.27, for a total value of C$64,515.96. Also, Senior Officer Kevin Lonergan sold 1,484 shares of Wesdome Gold Mines stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of C$18.21, for a total transaction of C$27,023.64. In the last quarter, insiders have sold 29,827 shares of company stock valued at $556,297. 0.17% of the stock is owned by company insiders.

About Wesdome Gold Mines

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.