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

Wesdome Gold Mines Ltd. (TSE:WDO) Director Anthea Ingrid Bath purchased 4,250 shares of the business’s stock in a transaction on Monday, November 18th. The shares were bought at an average price of C$11.83 per share, for a total transaction of C$50,277.50.

Wesdome Gold Mines Stock Up 1.4 %

Wesdome Gold Mines stock opened at C$11.86 on Wednesday. The business’s 50-day moving average price is C$12.55 and its 200 day moving average price is C$12.23. The company has a quick ratio of 0.37, a current ratio of 1.49 and a debt-to-equity ratio of 0.44. The firm has a market cap of C$1.77 billion, a price-to-earnings ratio of 45.62 and a beta of 0.85. Wesdome Gold Mines Ltd. has a 52 week low of C$7.03 and a 52 week high of C$14.99.

Wall Street Analyst Weigh In

WDO has been the topic of several research reports. National Bankshares upped their target price on Wesdome Gold Mines from C$17.25 to C$17.50 and gave the company an “outperform” rating in a research report on Tuesday, August 20th. Ventum Financial raised their price objective on Wesdome Gold Mines from C$12.05 to C$15.00 in a research note on Thursday, August 29th. Desjardins upgraded Wesdome Gold Mines to a “hold” rating in a research note on Thursday, October 31st. Canaccord Genuity Group increased their price target on shares of Wesdome Gold Mines from C$11.75 to C$14.00 in a report on Tuesday, July 23rd. Finally, Eight Capital lifted their price objective on shares of Wesdome Gold Mines from C$15.00 to C$16.00 in a research note on Thursday, August 15th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average 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.