Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF – Get Free Report) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,156,800 shares, a growth of 18.3% from the November 15th total of 978,100 shares. Based on an average daily trading volume, of 277,400 shares, the short-interest ratio is presently 4.2 days.
Wesdome Gold Mines Stock Performance
OTCMKTS WDOFF opened at $9.48 on Friday. The company has a fifty day moving average of $8.96 and a 200 day moving average of $9.09. Wesdome Gold Mines has a 1 year low of $5.23 and a 1 year high of $10.66.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets restated an “outperform” rating on shares of Wesdome Gold Mines in a research note on Friday, October 18th.
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.
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