Shares of Wesdome Gold Mines Ltd. (TSE:WDO – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$13.77.
WDO has been the subject of several analyst reports. Ventum Cap Mkts upgraded shares of Wesdome Gold Mines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 28th. Canaccord Genuity Group boosted their target price on Wesdome Gold Mines from C$11.75 to C$14.00 in a research report on Tuesday, July 23rd. TD Securities decreased their price target on Wesdome Gold Mines from C$13.00 to C$12.00 and set a “buy” rating for the company in a research note on Thursday, May 9th. BMO Capital Markets upped their price objective on Wesdome Gold Mines from C$14.00 to C$18.00 in a research report on Thursday. Finally, CIBC increased their target price on Wesdome Gold Mines from C$14.00 to C$14.50 in a research note on Wednesday, July 10th.
Get Our Latest Stock Report on Wesdome Gold Mines
Wesdome Gold Mines Stock Up 3.0 %
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.
Featured Stories
- Five stocks we like better than Wesdome Gold Mines
- Retail Stocks Investing, Explained
- JD.com Earnings Surprise: China’s Outlook Better Than Expected
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Warren Buffett’s Recent Stock Moves: Top Buys and Sells to Watch
- Learn Technical Analysis Skills to Master the Stock Market
- Sea Limited’s E-Commerce and Fintech Strength Fuel Stock Surge
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.