Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Rajbir Gill Sells 7,884 Shares

Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Rajbir Gill sold 7,884 shares of the firm’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of C$16.26, for a total transaction of C$128,193.84.

Wesdome Gold Mines Stock Up 1.8 %

WDO opened at C$17.14 on Tuesday. The company has a 50 day moving average of C$14.88 and a 200 day moving average of C$13.50. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. Wesdome Gold Mines Ltd. has a 12 month low of C$9.89 and a 12 month high of C$17.22. The company has a market cap of C$2.60 billion, a PE ratio of 31.99 and a beta of 0.85.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Desjardins increased their target price on shares of Wesdome Gold Mines from C$17.50 to C$18.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. National Bankshares raised their target price on Wesdome Gold Mines from C$19.75 to C$22.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 26th. Finally, TD Securities raised Wesdome Gold Mines to a “hold” rating in a research report on Tuesday, February 4th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of C$16.19.

About Wesdome Gold Mines

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.