Wesdome Gold Mines Ltd (WDO) PT Lowered to C$3.40
Wesdome Gold Mines Ltd (TSE:WDO) had its price target lowered by equities researchers at Eight Capital from C$4.70 to C$3.40 in a note issued to investors on Monday. Eight Capital’s price objective indicates a potential upside of 89.94% from the company’s current price.
A number of other equities research analysts have also recently commented on WDO. National Bank Financial reiterated an “outperform” rating and set a C$4.00 target price on shares of Wesdome Gold Mines in a report on Tuesday, October 3rd. Desjardins reiterated a “buy” rating and set a C$3.15 target price on shares of Wesdome Gold Mines in a report on Friday, September 29th.
Shares of Wesdome Gold Mines (WDO) traded down C$0.02 during trading hours on Monday, reaching C$1.79. The company’s stock had a trading volume of 329,294 shares, compared to its average volume of 703,952. Wesdome Gold Mines has a 52-week low of C$1.72 and a 52-week high of C$4.40.
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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