TSE:WDO Q4 EPS Estimate Cut by National Bank Financial

Wesdome Gold Mines Ltd. (TSE:WDO) – Stock analysts at National Bank Financial reduced their Q4 2024 earnings per share (EPS) estimates for Wesdome Gold Mines in a report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now expects that the company will earn $0.35 per share for the quarter, down from their previous forecast of $0.36. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Wesdome Gold Mines’ FY2025 earnings at $1.63 EPS.

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

Wesdome Gold Mines Trading Up 1.1 %

Shares of WDO opened at C$14.87 on Thursday. The company has a market capitalization of C$2.26 billion, a P/E ratio of 27.75 and a beta of 0.85. Wesdome Gold Mines has a one year low of C$8.57 and a one year high of C$15.20. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 2.14. The stock has a 50-day moving average price of C$13.56 and a 200 day moving average price of C$13.01.

Insider Buying and Selling at Wesdome Gold Mines

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