Desjardins Weighs in on Wesdome Gold Mines Ltd’s Q3 2017 Earnings (WDO)
Wesdome Gold Mines Ltd (TSE:WDO) – Stock analysts at Desjardins issued their Q3 2017 earnings estimates for shares of Wesdome Gold Mines in a research report issued to clients and investors on Monday. Desjardins analyst R. Ray expects that the company will post earnings per share of $0.03 for the quarter. Desjardins has a “Buy” rating and a $3.15 price target on the stock.
Separately, National Bank Financial reiterated an “outperform” rating and issued a C$4.00 target price on shares of Wesdome Gold Mines in a research note on Tuesday, October 3rd.
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Wesdome Gold Mines (TSE WDO) opened at 1.99 on Wednesday. The stock has a market cap of $266.44 million and a P/E ratio of 26.18. Wesdome Gold Mines has a 52 week low of $1.93 and a 52 week high of $4.40. The stock has a 50 day moving average of $2.16 and a 200-day moving average of $2.72.
In other news, insider Benoit Laplante sold 34,800 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of C$2.22, for a total value of C$77,256.00.
Wesdome Gold Mines Company Profile
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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