Several other research firms also recently weighed in on WDO. M Partners reaffirmed a buy rating on shares of Wesdome Gold Mines in a research note on Monday, July 18th. National Bank Financial raised their price objective on Wesdome Gold Mines from C$2.60 to C$2.80 in a research note on Wednesday, July 13th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Wesdome Gold Mines has a consensus rating of Buy and a consensus target price of C$2.26.
Wesdome Gold Mines (TSE:WDO) opened at 2.82 on Friday. Wesdome Gold Mines has a 1-year low of $0.95 and a 1-year high of $2.90. The company’s 50-day moving average price is $2.19 and its 200 day moving average price is $1.87. The firm’s market cap is $366.30 million.
In other news, Director Barry George Smith sold 205,000 shares of Wesdome Gold Mines stock in a transaction on Tuesday, September 6th. The stock was sold at an average price of C$2.61, for a total value of C$535,050.00.
About Wesdome Gold Mines
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.
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