Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Sells C$67,300.00 in Stock

Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Frederic Mercier-Langevin sold 5,000 shares of Wesdome Gold Mines stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of C$13.46, for a total value of C$67,300.00.

Wesdome Gold Mines Stock Up 0.8 %

Shares of TSE WDO opened at C$13.37 on Monday. The firm has a fifty day simple moving average of C$12.59 and a two-hundred day simple moving average of C$11.11. Wesdome Gold Mines Ltd. has a 12 month low of C$6.84 and a 12 month high of C$14.99. The company has a current ratio of 1.49, a quick ratio of 0.37 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of C$2.00 billion, a PE ratio of 51.42 and a beta of 0.75.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on WDO shares. CIBC raised their price target on Wesdome Gold Mines from C$14.00 to C$14.50 in a research report on Wednesday, July 10th. TD Securities decreased their target price on shares of Wesdome Gold Mines from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research note on Thursday, May 9th. National Bankshares increased their price target on shares of 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 shares of Wesdome Gold Mines from a “neutral” rating to a “buy” rating and raised their price target for the stock from C$9.65 to C$12.65 in a report on Tuesday, May 28th. Finally, Canaccord Genuity Group upped their price objective on shares of Wesdome Gold Mines from C$11.75 to C$14.00 in a research note on Tuesday, July 23rd. 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$14.08.

Wesdome Gold Mines Company Profile

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.