Equities Analysts Issue Forecasts for Wesdome Gold Mines Ltd’s Q4 2017 Earnings (WDO)

Wesdome Gold Mines Ltd (TSE:WDO) – Analysts at Desjardins issued their Q4 2017 EPS estimates for Wesdome Gold Mines in a report issued on Friday. Desjardins analyst R. Ray forecasts that the company will post earnings per share of $0.02 for the quarter. Desjardins currently has a “Buy” rating and a $3.15 target price on the stock. Desjardins also issued estimates for Wesdome Gold Mines’ Q1 2018 earnings at $0.05 EPS, Q2 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.06 EPS, FY2018 earnings at $0.22 EPS, Q1 2019 earnings at $0.08 EPS, Q2 2019 earnings at $0.08 EPS, Q3 2019 earnings at $0.07 EPS and Q4 2019 earnings at $0.07 EPS.

Several other analysts have also recently weighed in on WDO. National Bank Financial reaffirmed an “outperform” rating and set a C$4.00 price objective on shares of Wesdome Gold Mines in a research report on Tuesday, October 3rd. Eight Capital cut their price objective on Wesdome Gold Mines from C$4.70 to C$3.40 in a research report on Monday, November 27th.

Shares of Wesdome Gold Mines (TSE:WDO) opened at C$2.19 on Monday. The stock has a market capitalization of $293.22, a PE ratio of 73.00 and a beta of -0.77. Wesdome Gold Mines has a 12 month low of C$1.64 and a 12 month high of C$4.40.

In other news, Director Charles Main acquired 50,000 shares of the business’s stock in a transaction on Wednesday, November 15th. The shares were acquired at an average cost of C$1.82 per share, with a total value of C$91,000.00.

ILLEGAL ACTIVITY NOTICE: “Equities Analysts Issue Forecasts for Wesdome Gold Mines Ltd’s Q4 2017 Earnings (WDO)” was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2018/01/15/equities-analysts-issue-forecasts-for-wesdome-gold-mines-ltds-q4-2017-earnings-wdo.html.

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.

Earnings History and Estimates for Wesdome Gold Mines (TSE:WDO)

Receive News & Ratings for Wesdome Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wesdome Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply