Wesdome Gold Mines (TSE:WDO – Free Report) had its price objective lifted by Eight Capital from C$12.00 to C$15.00 in a research note issued to investors on Thursday, BayStreet.CA reports.
WDO has been the topic of a number of other reports. TD Securities reduced their price target on shares of Wesdome Gold Mines from C$13.00 to C$12.00 and set a buy rating on the stock in a research report on Thursday, May 9th. Canaccord Genuity Group boosted their target price on Wesdome Gold Mines from C$8.50 to C$11.75 in a report on Tuesday, April 23rd. Ventum Financial raised Wesdome Gold Mines from a neutral rating to a buy rating and raised their price target for the company from C$9.65 to C$12.65 in a report on Tuesday, May 28th. National Bankshares boosted their price objective on Wesdome Gold Mines from C$14.25 to C$15.00 and gave the stock an outperform rating in a research note on Tuesday, May 14th. Finally, CIBC raised their target price on Wesdome Gold Mines from C$14.00 to C$14.50 in a research note on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Wesdome Gold Mines presently has an average rating of Moderate Buy and a consensus price target of C$12.70.
View Our Latest Research Report on WDO
Wesdome Gold Mines Stock Performance
Wesdome Gold Mines (TSE:WDO – Get Free Report) last issued its earnings results on Wednesday, May 8th. The company reported C$0.07 EPS for the quarter, beating analysts’ consensus estimates of C$0.06 by C$0.01. Wesdome Gold Mines had a return on equity of 1.13% and a net margin of 1.36%. The business had revenue of C$100.92 million during the quarter. Equities research analysts forecast that Wesdome Gold Mines will post 0.6333147 EPS for the current year.
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.
Further Reading
- Five stocks we like better than Wesdome Gold Mines
- What Does Downgrade Mean in Investing?
- Top 3 Defense Stocks That Should Be on Your Radar
- How to Use the MarketBeat Dividend Calculator
- Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
- 3 Monster Growth Stocks to Buy Now
- MarketBeat Week in Review – 7/8 – 7/12
Receive News & Ratings for Wesdome Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wesdome Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.