Analysts Issue Forecasts for TSE:WDO Q4 Earnings

Wesdome Gold Mines Ltd. (TSE:WDO) – Ventum Cap Mkts issued their Q4 2024 earnings per share (EPS) estimates for Wesdome Gold Mines in a report released on Tuesday, February 11th. Ventum Cap Mkts analyst P. Ker forecasts that the company will earn $0.35 per share for the quarter. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share.

Several other analysts also recently weighed in on the stock. Desjardins raised shares of Wesdome Gold Mines to a “hold” rating in a report on Thursday, October 31st. TD Securities raised Wesdome Gold Mines to a “hold” rating in a report on Tuesday, February 4th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$15.29.

Wesdome Gold Mines Stock Performance

Shares of WDO opened at C$14.71 on Thursday. The stock has a market capitalization of C$2.20 billion, a P/E ratio of 56.58 and a beta of 0.85. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.37 and a current ratio of 1.49. Wesdome Gold Mines has a 1 year low of C$8.57 and a 1 year high of C$15.12. The company’s fifty day moving average is C$13.53 and its two-hundred day moving average is C$12.99.

Insider Activity at Wesdome Gold Mines

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

About Wesdome Gold Mines

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.