FY2025 EPS Forecast for Wesdome Gold Mines Lifted by Analyst

Wesdome Gold Mines Ltd. (TSE:WDO) – Equities research analysts at Desjardins lifted their FY2025 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a research report issued on Tuesday, May 13th. Desjardins analyst A. Carson now expects that the company will earn $1.87 per share for the year, up from their prior estimate of $1.44. Desjardins currently has a “Buy” rating and a $18.00 target price on the stock. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. Desjardins also issued estimates for Wesdome Gold Mines’ FY2026 earnings at $2.27 EPS and FY2027 earnings at $2.75 EPS.

Other equities research analysts also recently issued research reports about the company. TD Securities raised Wesdome Gold Mines to a “hold” rating in a research report on Tuesday, February 4th. National Bankshares raised their price objective on Wesdome Gold Mines from C$19.75 to C$22.00 and gave the company an “outperform” rating in a research report on Wednesday, March 26th. Finally, Royal Bank of Canada increased their price target on Wesdome Gold Mines from C$17.00 to C$19.00 in a research note on Friday, April 4th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$17.06.

Wesdome Gold Mines Price Performance

Shares of WDO stock opened at C$16.81 on Friday. Wesdome Gold Mines has a 1-year low of C$10.61 and a 1-year high of C$18.95. The stock’s 50-day moving average is C$16.71 and its 200 day moving average is C$14.51. The company has a market cap of C$2.55 billion, a P/E ratio of 31.37 and a beta of 0.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 0.37.

Insider Buying and Selling at Wesdome Gold Mines

In other news, Senior Officer Rajbir Gill sold 7,884 shares of the firm’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of C$16.26, for a total value of C$128,193.84. 0.17% of the stock is currently owned by company insiders.

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.