Anthea Ingrid Bath Buys 4,250 Shares of Wesdome Gold Mines Ltd. (TSE:WDO) Stock

Wesdome Gold Mines Ltd. (TSE:WDO) Director Anthea Ingrid Bath bought 4,250 shares of Wesdome Gold Mines stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average price of C$11.83 per share, with a total value of C$50,277.50.

Wesdome Gold Mines Price Performance

Shares of WDO opened at C$12.01 on Friday. The firm has a market capitalization of C$1.80 billion, a PE ratio of 46.19 and a beta of 0.85. The company’s 50-day moving average is C$12.51 and its 200-day moving average is C$12.26. Wesdome Gold Mines Ltd. has a fifty-two week low of C$7.03 and a fifty-two week high of C$14.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.49 and a quick ratio of 0.37.

Analysts Set New Price Targets

Several research firms have issued reports on WDO. Ventum Financial upped their price target on shares of Wesdome Gold Mines from C$12.05 to C$15.00 in a research report on Thursday, August 29th. BMO Capital Markets upped their price target on shares of Wesdome Gold Mines from C$14.00 to C$18.00 in a research report on Thursday, August 15th. National Bankshares upped their price target on shares of Wesdome Gold Mines from C$17.25 to C$17.50 and gave the stock an “outperform” rating in a research report on Tuesday, August 20th. Eight Capital upped their price target on shares of Wesdome Gold Mines from C$15.00 to C$16.00 in a research report on Thursday, August 15th. Finally, Desjardins raised shares of Wesdome Gold Mines to a “hold” rating in a research report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$15.29.

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.