FY2017 EPS Estimates for Wesdome Gold Mines Ltd Lowered by National Bank Financial (WDO)

Wesdome Gold Mines Ltd (TSE:WDO) – Analysts at National Bank Financial reduced their FY2017 EPS estimates for Wesdome Gold Mines in a research note issued to investors on Monday. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings of $0.08 per share for the year, down from their prior forecast of $0.10. National Bank Financial also issued estimates for Wesdome Gold Mines’ FY2018 earnings at $0.18 EPS and FY2019 earnings at $0.23 EPS.

Separately, Eight Capital decreased their price objective on shares of Wesdome Gold Mines from C$4.70 to C$3.40 in a report on Monday, November 27th.

Wesdome Gold Mines (TSE:WDO) opened at C$1.98 on Thursday. Wesdome Gold Mines has a fifty-two week low of C$1.64 and a fifty-two week high of C$4.40. The company has a market cap of $265.10, a P/E ratio of 66.00 and a beta of -0.88.

Wesdome Gold Mines (TSE:WDO) last issued its quarterly earnings data on Thursday, November 9th. The company reported C$0.02 EPS for the quarter, missing the consensus estimate of C$0.04 by C($0.02). Wesdome Gold Mines had a return on equity of 0.86% and a net margin of 1.40%.

In other Wesdome Gold Mines news, Director Charles Main bought 50,000 shares of Wesdome Gold Mines stock in a transaction on Wednesday, November 15th. The shares were bought at an average cost of C$1.82 per share, for a total transaction of C$91,000.00.

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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.

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

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