Brokers Set Expectations for TSE:WDO FY2025 Earnings

Wesdome Gold Mines Ltd. (TSE:WDO) – Analysts at National Bank Financial boosted their FY2025 earnings per share estimates for Wesdome Gold Mines in a research report issued on Tuesday, March 25th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $1.70 per share for the year, up from their previous forecast of $1.63. 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’ FY2026 earnings at $1.45 EPS.

WDO has been the topic of a number of other reports. Desjardins lifted their price target on shares of Wesdome Gold Mines from C$17.50 to C$18.00 and gave the company a “buy” rating in a report on Thursday, March 20th. National Bankshares raised their price objective on Wesdome Gold Mines from C$19.75 to C$22.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, TD Securities raised Wesdome Gold Mines to a “hold” rating in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$16.19.

Wesdome Gold Mines Price Performance

WDO stock opened at C$16.96 on Thursday. 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 company’s fifty day moving average price is C$14.75 and its 200-day moving average price is C$13.43. Wesdome Gold Mines has a one year low of C$9.89 and a one year high of C$16.96. The company has a market capitalization of C$2.57 billion, a PE ratio of 31.65 and a beta of 0.85.

About Wesdome Gold Mines

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.