National Bank Financial Equities Analysts Increase Earnings Estimates for Wesdome Gold Mines Ltd (WDO)

Wesdome Gold Mines Ltd (TSE:WDO) – Stock analysts at National Bank Financial lifted their FY2019 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a research note issued to investors on Thursday. National Bank Financial analyst D. Demarco now expects that the company will post earnings per share of $0.24 for the year, up from their prior estimate of $0.23.

Separately, Eight Capital dropped their price target on Wesdome Gold Mines from C$4.70 to C$3.40 in a research report on Monday, November 27th.

Wesdome Gold Mines (TSE:WDO) traded up C$0.02 during trading hours on Monday, reaching C$1.89. The company had a trading volume of 74,254 shares, compared to its average volume of 253,252. The firm has a market capitalization of $250.37, a price-to-earnings ratio of 64.67 and a beta of -0.88. Wesdome Gold Mines has a 52-week low of C$1.64 and a 52-week high of C$4.40.

In other Wesdome Gold Mines news, Director Charles Main purchased 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were purchased at an average cost of C$1.82 per share, with a total value of C$91,000.00.

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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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