FY2025 EPS Estimate for Wesdome Gold Mines Raised by Analyst

Wesdome Gold Mines Ltd. (TSE:WDO) – Equities research analysts at National Bank Financial increased their FY2025 EPS estimates for Wesdome Gold Mines in a report released on Tuesday, March 25th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $1.70 per share for the year, up from their prior forecast of $1.63. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Wesdome Gold Mines’ FY2026 earnings at $1.45 EPS.

Several other research analysts have also issued reports on the company. TD Securities upgraded Wesdome Gold Mines to a “hold” rating in a research report on Tuesday, February 4th. National Bankshares raised their price target on Wesdome Gold Mines from C$19.75 to C$22.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Desjardins upped their price objective on Wesdome Gold Mines from C$17.50 to C$18.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Wesdome Gold Mines currently has an average rating of “Moderate Buy” and a consensus target price of C$16.19.

Wesdome Gold Mines Stock Performance

Shares of TSE:WDO opened at C$16.96 on Thursday. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. Wesdome Gold Mines has a 12 month low of C$9.89 and a 12 month high of C$16.96. The company has a market capitalization of C$2.57 billion, a price-to-earnings ratio of 31.65 and a beta of 0.85. The firm’s 50-day moving average is C$14.75 and its 200 day moving average is C$13.43.

About Wesdome Gold Mines

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.