Brokers Issue Forecasts for TSE:WDO FY2025 Earnings

Wesdome Gold Mines Ltd. (TSE:WDO) – Research analysts at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for Wesdome Gold Mines in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco now forecasts that the company will earn $2.48 per share for the year, up from their previous estimate of $2.11. 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 $2.52 EPS and FY2026 earnings at $2.52 EPS.

Other analysts have also issued research reports about the company. Stifel Canada upgraded Wesdome Gold Mines to a “strong-buy” rating in a report on Tuesday, July 8th. Royal Bank Of Canada upped their target price on Wesdome Gold Mines from C$19.00 to C$22.00 in a research report on Wednesday, June 4th. Finally, National Bankshares upped their target price on Wesdome Gold Mines from C$26.75 to C$28.00 and gave the company an “outperform” rating in a research report on Thursday, May 22nd.

Wesdome Gold Mines Stock Performance

WDO opened at C$17.00 on Friday. Wesdome Gold Mines has a 52-week low of C$10.89 and a 52-week high of C$20.24. The firm has a market capitalization of C$2.58 billion, a PE ratio of 31.73 and a beta of 0.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 2.14. The business’s 50-day simple moving average is C$18.51 and its 200 day simple moving average is C$16.39.

Insider Activity at Wesdome Gold Mines

In other Wesdome Gold Mines news, Senior Officer Robert Kristian Fitzgerald Kallio sold 3,348 shares of the company’s stock in a transaction on Thursday, June 5th. The stock was sold at an average price of C$19.27, for a total transaction of C$64,515.96. Also, Senior Officer Kevin Lonergan sold 1,484 shares of the company’s stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of C$18.21, for a total value of C$27,023.64. Over the last ninety days, insiders sold 29,827 shares of company stock worth $556,297. Company insiders own 0.17% of the company’s stock.

Wesdome Gold Mines Company Profile

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.