Stifel Canada Issues Optimistic Outlook for TSE:WDO Earnings

Wesdome Gold Mines Ltd. (TSE:WDO) – Equities research analysts at Stifel Canada boosted their Q3 2025 earnings per share estimates for shares of Wesdome Gold Mines in a research note issued on Thursday, August 14th. Stifel Canada analyst R. Profiti now anticipates that the company will earn $0.53 per share for the quarter, up from their previous forecast of $0.51. Stifel Canada currently has a “Hold” rating on the stock. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. Stifel Canada also issued estimates for Wesdome Gold Mines’ Q4 2025 earnings at $0.55 EPS, Q1 2026 earnings at $0.50 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.51 EPS and FY2027 earnings at $2.24 EPS.

Several other analysts also recently commented on WDO. National Bankshares increased 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 note on Thursday, May 22nd. Canaccord Genuity Group upgraded Wesdome Gold Mines from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 23rd. Royal Bank Of Canada increased their target price on Wesdome Gold Mines from C$19.00 to C$22.00 in a research note on Wednesday, June 4th. Finally, Stifel Nicolaus downgraded Wesdome Gold Mines from a “buy” rating to a “hold” rating and cut their target price for the company from C$24.00 to C$20.50 in a research note on Friday. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Wesdome Gold Mines presently has a consensus rating of “Moderate Buy” and an average price target of C$20.70.

Wesdome Gold Mines Stock Performance

Shares of WDO opened at C$16.22 on Friday. The business’s fifty day simple moving average is C$18.09 and its two-hundred day simple moving average is C$16.94. 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$10.89 and a 12 month high of C$20.24. The company has a market cap of C$2.46 billion, a price-to-earnings ratio of 30.27 and a beta of 0.85.

Insider Activity

In other news, Senior Officer Kevin Lonergan sold 1,484 shares of the stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of C$18.21, for a total transaction of C$27,023.64. Also, Senior Officer Robert Kristian Fitzgerald Kallio sold 3,348 shares of the stock in a transaction on Thursday, June 5th. The shares were sold at an average price of C$19.27, for a total value of C$64,515.96. Insiders have sold 29,827 shares of company stock valued at $556,297 in the last ninety days. 0.17% of the stock is currently owned by company insiders.

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.