Wesdome Gold Mines (WDOFF) to Release Quarterly Earnings on Wednesday

Wesdome Gold Mines (OTCMKTS:WDOFF) will likely be releasing its resultson Wednesday, March 11th. Analysts expect Wesdome Gold Mines to post earnings of $0.5170 per share and revenue of $203.6710 million for the quarter.

Wesdome Gold Mines Trading Up 2.0%

OTCMKTS WDOFF opened at $17.43 on Friday. The business’s fifty day moving average is $17.74 and its 200 day moving average is $16.04. Wesdome Gold Mines has a fifty-two week low of $9.96 and a fifty-two week high of $20.16.

Analyst Ratings Changes

Separately, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Wesdome Gold Mines in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Wesdome Gold Mines presently has an average rating of “Moderate Buy”.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd. is a publicly traded Canadian gold producer and explorer focused on its flagship Eagle River Complex in Ontario and the high‐grade Kiena gold complex in Quebec. The Eagle River Complex, situated near Wawa, Ontario, comprises an underground mine, the Mishi open‐pit deposit and a 3,200‐tonne‐per‐day milling facility that produces gold‐rich concentrates. In Val‐d’Or, Quebec, the Kiena property features an established decline and infrastructure supporting ongoing underground exploration at the Deep A Zone and evaluation of adjoining zones for potential resource expansion.

Since commencing production in 2008, Eagle River has delivered steady gold output through conventional milling and flotation circuits, while exploration programs at Kiena have continued to intersect high‐grade gold mineralization.