Q4 Earnings Forecast for TSE:WDO Issued By Ventum Cap Mkts

Wesdome Gold Mines Ltd. (TSE:WDO) – Analysts at Ventum Cap Mkts issued their Q4 2024 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a note issued to investors on Tuesday, February 11th. Ventum Cap Mkts analyst P. Ker anticipates 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.

A number of other equities analysts have also recently weighed in on WDO. Desjardins upgraded Wesdome Gold Mines from a “hold” rating to a “buy” rating and increased their price target for the stock from C$15.00 to C$17.50 in a report on Thursday. TD Securities upgraded Wesdome Gold Mines to a “hold” rating in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Wesdome Gold Mines currently has an average rating of “Moderate Buy” and an average target price of C$15.56.

Wesdome Gold Mines Stock Up 1.1 %

Shares of TSE:WDO opened at C$14.87 on Thursday. The company has a quick ratio of 0.37, a current ratio of 2.14 and a debt-to-equity ratio of 0.30. The business has a fifty day moving average of C$13.56 and a two-hundred day moving average of C$13.01. The stock has a market cap of C$2.26 billion, a P/E ratio of 27.75 and a beta of 0.85. Wesdome Gold Mines has a 52-week low of C$8.57 and a 52-week high of C$15.20.

Insider Buying and Selling at Wesdome Gold Mines

In other Wesdome Gold Mines news, Senior Officer Rajbir Gill bought 2,213 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of C$11.65 per share, with a total value of C$25,781.45. Also, Director Anthea Ingrid Bath bought 4,250 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were acquired at an average cost of C$11.83 per share, for a total transaction of C$50,277.50. 0.17% of the stock is owned by corporate insiders.

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.