FY2025 EPS Forecast for Wesdome Gold Mines Lifted by Analyst

Wesdome Gold Mines Ltd. (TSE:WDO) – Research analysts at Desjardins lifted their FY2025 earnings per share estimates for shares of Wesdome Gold Mines in a report issued on Wednesday, October 1st. Desjardins analyst A. Carson now forecasts that the company will earn $2.18 per share for the year, up from their previous estimate of $1.94. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share.

WDO has been the topic of a number of other research reports. Canaccord Genuity Group boosted their price target on Wesdome Gold Mines from C$21.50 to C$22.50 in a research note on Thursday. Stifel Nicolaus downgraded shares of Wesdome Gold Mines from a “buy” rating to a “hold” rating and dropped their target price for the stock from C$24.00 to C$20.50 in a research report on Friday, August 15th. Finally, Stifel Canada lowered shares of Wesdome Gold Mines from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Wesdome Gold Mines presently has a consensus rating of “Moderate Buy” and a consensus target price of C$22.20.

Wesdome Gold Mines Trading Down 2.0%

Shares of TSE:WDO opened at C$22.06 on Friday. The business’s 50-day moving average is C$18.54 and its 200 day moving average is C$18.02. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 0.37. Wesdome Gold Mines has a 1 year low of C$10.89 and a 1 year high of C$22.91. The firm has a market capitalization of C$3.33 billion, a P/E ratio of 13.79 and a beta of 0.22.

Wesdome Gold Mines Company Profile

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.