Wesdome Gold Mines (TSE:WDO) Sets New 12-Month High at $11.26

Wesdome Gold Mines Ltd. (TSE:WDO)’s share price hit a new 52-week high on Friday . The company traded as high as C$11.26 and last traded at C$11.13, with a volume of 125372 shares. The stock had previously closed at C$11.05.

Analysts Set New Price Targets

WDO has been the topic of several recent research reports. CIBC boosted their price target on Wesdome Gold Mines from C$12.00 to C$14.00 in a research report on Monday. National Bankshares decreased their price target on shares of Wesdome Gold Mines from C$14.75 to C$14.25 in a research report on Friday.

Wesdome Gold Mines Stock Up 0.8 %

The stock’s fifty day moving average is C$9.80 and its two-hundred day moving average is C$8.47. The stock has a market capitalization of C$1.66 billion, a P/E ratio of -279.00 and a beta of 0.75. The company has a debt-to-equity ratio of 9.94, a current ratio of 0.92 and a quick ratio of 0.37.

Wesdome Gold Mines (TSE:WDO) last posted its quarterly earnings data on Tuesday, March 12th. The company reported C$0.02 EPS for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.01). Wesdome Gold Mines had a negative return on equity of 1.50% and a negative net margin of 1.86%. The firm had revenue of C$102.22 million during the quarter. As a group, research analysts predict that Wesdome Gold Mines Ltd. will post 0.5495825 earnings per share for the current fiscal year.

Wesdome Gold Mines Company Profile

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.