Q2 EPS Estimate for Wesdome Gold Mines Lifted by Analyst

Wesdome Gold Mines Ltd. (TSE:WDO) – Investment analysts at National Bank Financial increased their Q2 2025 earnings per share (EPS) estimates for Wesdome Gold Mines in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.58 per share for the quarter, up from their previous forecast of $0.49. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share.

WDO has been the subject of several other reports. Stifel Canada raised Wesdome Gold Mines to a “strong-buy” rating in a research report on Tuesday, July 8th. Royal Bank Of Canada upped their price objective on Wesdome Gold Mines from C$19.00 to C$22.00 in a research report on Wednesday, June 4th. Desjardins increased their price target on Wesdome Gold Mines from C$17.50 to C$18.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Finally, National Bankshares increased their price target on Wesdome Gold Mines from C$26.75 to C$28.00 and gave the company an “outperform” rating in a research report on Thursday, May 22nd.

Wesdome Gold Mines Stock Down 1.4%

WDO stock opened at C$17.08 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 0.37. The stock has a market capitalization of C$2.59 billion, a P/E ratio of 31.88 and a beta of 0.85. The business has a 50-day moving average of C$18.52 and a 200-day moving average of C$16.36. Wesdome Gold Mines has a fifty-two week low of C$10.89 and a fifty-two week high of C$20.24.

Insider Activity at Wesdome Gold Mines

In other Wesdome Gold Mines news, Senior Officer Kevin Lonergan sold 1,484 shares of the company’s 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 value of C$27,023.64. Also, Senior Officer Rajbir Gill sold 14,173 shares of the company’s stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of C$18.62, for a total value of C$263,901.26. Over the last ninety days, insiders sold 29,827 shares of company stock valued at $556,297. Insiders own 0.17% of the company’s stock.

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.