TSE:WDO Q4 EPS Forecast Decreased by National Bank Financial

Wesdome Gold Mines Ltd. (TSE:WDO) – Investment analysts at National Bank Financial lowered their Q4 2024 earnings estimates for Wesdome Gold Mines in a research note issued on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $0.35 for the quarter, down from their prior estimate of $0.36. 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’ FY2025 earnings at $1.63 EPS.

Several other brokerages have also recently commented on WDO. Desjardins raised Wesdome Gold Mines to a “hold” rating in a research report on Thursday, October 31st. TD Securities upgraded Wesdome Gold Mines to a “hold” rating in a research note on Tuesday, February 4th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$15.29.

Wesdome Gold Mines Price Performance

Shares of TSE WDO opened at C$14.71 on Thursday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.49 and a quick ratio of 0.37. The business has a 50-day moving average of C$13.53 and a 200-day moving average of C$12.99. The stock has a market capitalization of C$2.20 billion, a price-to-earnings ratio of 56.58 and a beta of 0.85. Wesdome Gold Mines has a fifty-two week low of C$8.57 and a fifty-two week high of C$15.12.

Insider Buying and Selling at Wesdome Gold Mines

In related news, Director Anthea Ingrid Bath acquired 4,250 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were purchased at an average cost of C$11.83 per share, for a total transaction of C$50,277.50. Also, Senior Officer Rajbir Gill bought 2,213 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were bought at an average price of C$11.65 per share, with a total value of C$25,781.45. Corporate insiders own 0.17% of the company’s stock.

Wesdome Gold Mines Company Profile

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.