Wesdome Gold Mines (TSE:WDO) PT Lowered to C$14.25 at National Bankshares

Wesdome Gold Mines (TSE:WDO) had its target price dropped by stock analysts at National Bankshares from C$14.75 to C$14.25 in a report issued on Friday, BayStreet.CA reports. National Bankshares’ price target would indicate a potential upside of 27.69% from the stock’s previous close.

Separately, CIBC lifted their price target on shares of Wesdome Gold Mines from C$12.00 to C$14.00 in a research note on Monday.

Wesdome Gold Mines Stock Up 1.0 %

Shares of TSE:WDO traded up C$0.11 during trading on Friday, hitting C$11.16. The company’s stock had a trading volume of 124,424 shares, compared to its average volume of 516,788. The company has a market capitalization of C$1.66 billion, a PE ratio of -279.25 and a beta of 0.75. The company has a debt-to-equity ratio of 9.94, a quick ratio of 0.37 and a current ratio of 0.92. Wesdome Gold Mines has a fifty-two week low of C$6.33 and a fifty-two week high of C$11.28. The business has a 50 day moving average price of C$9.80 and a two-hundred day moving average price of C$8.47.

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

About Wesdome Gold Mines

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.