Wesdome Gold Mines (TSE:WDO) PT Raised to C$11.25 at National Bank Financial

Share on StockTwits

Wesdome Gold Mines (TSE:WDO) had its target price increased by analysts at National Bank Financial from C$11.00 to C$11.25 in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 32.67% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Laurentian Bank of Canada upgraded shares of Wesdome Gold Mines from a “hold” rating to a “buy” rating and lifted their price target for the company from C$9.50 to C$10.50 in a report on Wednesday, March 11th. Eight Capital lifted their price target on shares of Wesdome Gold Mines from C$8.50 to C$10.50 in a report on Thursday, January 16th. Canaccord Genuity lifted their price target on shares of Wesdome Gold Mines from C$9.00 to C$10.00 in a report on Wednesday, January 15th. Laurentian upgraded shares of Wesdome Gold Mines from a “hold” rating to a “buy” rating and lifted their price target for the company from C$9.50 to C$10.50 in a report on Wednesday, March 11th. Finally, Pi Financial set a C$8.85 price target on shares of Wesdome Gold Mines and gave the company a “neutral” rating in a report on Wednesday, March 11th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$9.58.

WDO stock opened at C$8.48 on Wednesday. The stock has a market capitalization of $1.22 billion and a P/E ratio of 29.24. The company has a debt-to-equity ratio of 6.44, a quick ratio of 1.39 and a current ratio of 2.16. Wesdome Gold Mines has a one year low of C$3.96 and a one year high of C$11.06. The company has a 50 day moving average price of C$8.80 and a two-hundred day moving average price of C$8.27.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd. explores for, extracts, processes, produces, reclaims, and sells gold in Canada. It principally produces gold in the form of doré bars; and silver as a by-product. The company's principal assets include the Eagle River Mine, which consists of 3 contiguous mining leases and 442 contiguous active mining claims covering an area of 7,958 hectares; the Mishi Mine that consists of 19 patented mining claims, 5 mining leases, and 5 staked claims covering an area of 3,055 hectares; and the Eagle River Mill located near Wawa, Ontario.

Featured Story: Short Selling – Explanation For Shorting Stocks

Analyst Recommendations for Wesdome Gold Mines (TSE:WDO)

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.



Latest News

Mitchell Mcleod Pugh & Williams Inc. Has $252,000 Holdings in General Electric
Mitchell Mcleod Pugh & Williams Inc. Has $252,000 Holdings in General Electric
Mitchell Mcleod Pugh & Williams Inc. Acquires 500 Shares of Starbucks Co.
Mitchell Mcleod Pugh & Williams Inc. Acquires 500 Shares of Starbucks Co.
Bank of America  PT Lowered to $20.00 at UBS Group
Bank of America PT Lowered to $20.00 at UBS Group
IFM Investors Pty Ltd Sells 5,253 Shares of Walmart Inc
IFM Investors Pty Ltd Sells 5,253 Shares of Walmart Inc
Macquarie Group Ltd. Has $2.83 Million Position in Valero Energy Co.
Macquarie Group Ltd. Has $2.83 Million Position in Valero Energy Co.
Marquette Asset Management LLC Increases Stock Position in Boeing Co
Marquette Asset Management LLC Increases Stock Position in Boeing Co


© 2006-2020 Ticker Report