Wesdome Gold Mines Ltd. (TSE:WDO) Receives C$15.29 Consensus PT from Analysts

Shares of Wesdome Gold Mines Ltd. (TSE:WDO) have earned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is C$15.29.

A number of equities analysts recently weighed in on the company. Desjardins upgraded Wesdome Gold Mines to a “hold” rating in a research report on Thursday, October 31st. TD Securities upgraded shares of Wesdome Gold Mines to a “hold” rating in a report on Tuesday, February 4th.

Wesdome Gold Mines Price Performance

Shares of Wesdome Gold Mines stock opened at C$14.88 on Friday. Wesdome Gold Mines has a 52 week low of C$8.57 and a 52 week high of C$15.12. The company has a current ratio of 1.49, a quick ratio of 0.37 and a debt-to-equity ratio of 0.44. The stock has a market cap of C$2.23 billion, a PE ratio of 57.23 and a beta of 0.85. The company’s 50-day moving average price is C$13.44 and its two-hundred day moving average price is C$12.97.

Insider Buying and Selling

In related news, Senior Officer Rajbir Gill purchased 2,213 shares of the stock in a transaction dated Monday, November 18th. The shares were acquired at an average cost of C$11.65 per share, for a total transaction of C$25,781.45. Also, Director Anthea Ingrid Bath purchased 4,250 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was bought at an average cost of C$11.83 per share, for a total transaction of C$50,277.50. Company insiders own 0.17% of the company’s stock.

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.