Desjardins Comments on Wesdome Gold Mines Ltd’s Q3 2017 Earnings (WDO)

Wesdome Gold Mines Ltd (TSE:WDO) – Equities researchers at Desjardins issued their Q3 2017 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a research note issued on Monday. Desjardins analyst R. Ray anticipates that the company will post earnings per share of $0.03 for the quarter. Desjardins currently has a “Buy” rating and a $3.15 target price on the stock.

Separately, National Bank Financial reiterated an “outperform” rating and issued a C$4.00 target price on shares of Wesdome Gold Mines in a research note on Tuesday, October 3rd.

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Shares of Wesdome Gold Mines (TSE WDO) opened at 1.90 on Wednesday. The stock’s 50 day moving average is $2.15 and its 200-day moving average is $2.71. The company has a market cap of $254.39 million and a P/E ratio of 25.00. Wesdome Gold Mines has a one year low of $1.89 and a one year high of $4.40.

In other news, insider Benoit Laplante sold 34,800 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of C$2.22, for a total value of C$77,256.00.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd. is engaged in gold mining operations. The Company is producing gold at the Eagle River Complex and open pit Mishi gold mines. Its Eagle River Complex is located in Central Ontario, which includes the Eagle River Mine, the Mishi Mine and shared infrastructure, including the mineral processing plant.

Earnings History and Estimates for Wesdome Gold Mines (TSE:WDO)

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