Q4 Earnings Forecast for TSE:WDO Issued By Ventum Cap Mkts

Wesdome Gold Mines Ltd. (TSE:WDO) – Equities researchers at Ventum Cap Mkts issued their Q4 2024 earnings per share (EPS) estimates for Wesdome Gold Mines in a research note issued to investors on Tuesday, February 11th. Ventum Cap Mkts analyst P. Ker forecasts that the company will earn $0.35 per share for the quarter. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share.

Several other analysts have also recently commented on WDO. TD Securities upgraded Wesdome Gold Mines to a “hold” rating in a report on Tuesday, February 4th. Desjardins upgraded Wesdome Gold Mines from a “hold” rating to a “buy” rating and increased their price target for the stock from C$15.00 to C$17.50 in a report on Thursday. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$15.56.

Wesdome Gold Mines Stock Performance

Shares of WDO stock opened at C$14.27 on Thursday. The business’s 50 day simple moving average is C$13.59 and its 200 day simple moving average is C$13.02. Wesdome Gold Mines has a one year low of C$8.72 and a one year high of C$15.20. The stock has a market capitalization of C$2.17 billion, a PE ratio of 26.63 and a beta of 0.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 0.37.

Insider Transactions at Wesdome Gold Mines

In other news, Senior Officer Rajbir Gill bought 2,213 shares of the stock in a transaction dated Monday, November 18th. The shares were bought at an average cost of C$11.65 per share, with a total value of C$25,781.45. Also, Director Anthea Ingrid Bath bought 4,250 shares of the stock in a transaction dated Monday, November 18th. The shares were purchased at an average cost of C$11.83 per share, for a total transaction of C$50,277.50. 0.17% of the stock is owned by insiders.

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.