FY2019 EPS Estimates for Wesdome Gold Mines Ltd (WDO) Reduced by Desjardins

Wesdome Gold Mines Ltd (TSE:WDO) – Desjardins decreased their FY2019 earnings estimates for shares of Wesdome Gold Mines in a report issued on Wednesday. Desjardins analyst R. Ray now forecasts that the company will earn $0.26 per share for the year, down from their prior estimate of $0.30.

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WDO has been the topic of several other reports. BMO Capital Markets restated an “outperform” rating and set a C$3.75 price objective on shares of Wesdome Gold Mines in a report on Thursday, February 22nd. Eight Capital reduced their price objective on Wesdome Gold Mines from C$3.40 to C$3.00 in a report on Thursday.

Wesdome Gold Mines (WDO) opened at C$1.96 on Friday. The company has a market capitalization of $231.63, a price-to-earnings ratio of 65.33 and a beta of -0.77. Wesdome Gold Mines has a fifty-two week low of C$1.64 and a fifty-two week high of C$4.18.

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Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd. is engaged in gold mining operations. The Company is producing gold at the Eagle River Complex and open pit Mishi gold mines. Its Eagle River Complex is located in Central Ontario, which includes the Eagle River Mine, the Mishi Mine and shared infrastructure, including the mineral processing plant.

Earnings History and Estimates for Wesdome Gold Mines (TSE:WDO)

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