Wesdome Gold Mines Ltd. Forecasted to Post FY2024 Earnings of $0.79 Per Share (TSE:WDO)

Wesdome Gold Mines Ltd. (TSE:WDOFree Report) – Analysts at Echelon Wealth Partners lifted their FY2024 earnings per share estimates for shares of Wesdome Gold Mines in a research report issued on Tuesday, April 16th. Echelon Wealth Partners analyst R. Walker now anticipates that the company will post earnings per share of $0.79 for the year, up from their previous forecast of $0.76. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $0.55 per share.

Several other brokerages have also recently commented on WDO. CIBC raised their target price on Wesdome Gold Mines from C$12.00 to C$14.00 in a research report on Monday, April 15th. National Bankshares reduced their price objective on Wesdome Gold Mines from C$14.75 to C$14.25 in a research report on Friday.

Read Our Latest Report on WDO

Wesdome Gold Mines Stock Performance

Shares of Wesdome Gold Mines stock opened at C$11.18 on Thursday. The stock has a market cap of C$1.67 billion, a PE ratio of -279.50 and a beta of 0.75. The business has a fifty day simple moving average of C$9.84 and a 200-day simple moving average of C$8.50. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 9.94. Wesdome Gold Mines has a 12 month low of C$6.33 and a 12 month high of C$11.28.

Wesdome Gold Mines (TSE:WDOGet Free Report) last released its quarterly earnings data 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%.

About Wesdome Gold Mines

(Get Free Report)

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.

Read More

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.