Wesdome Gold Mines (OTCMKTS:WDOFF) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Wesdome Gold Mines Ltd. (OTCMKTS:WDOFFGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.70 and traded as high as $14.01. Wesdome Gold Mines shares last traded at $13.94, with a volume of 895,757 shares traded.

Analysts Set New Price Targets

Separately, National Bankshares reaffirmed an “outperform” rating on shares of Wesdome Gold Mines in a research report on Tuesday, June 24th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on Wesdome Gold Mines

Wesdome Gold Mines Stock Up 4.9%

The company has a 50-day simple moving average of $12.88 and a two-hundred day simple moving average of $12.70.

Wesdome Gold Mines Company Profile

(Get Free Report)

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.

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