FY2024 EPS Estimates for Wesdome Gold Mines Ltd. Raised by Echelon Wealth Partners (TSE:WDO)

Wesdome Gold Mines Ltd. (TSE:WDO) – Analysts at Echelon Wealth Partners upped their FY2024 earnings per share (EPS) estimates for Wesdome Gold Mines in a research note issued to investors on Tuesday, April 16th. Echelon Wealth Partners analyst R. Walker now expects that the company will post earnings of $0.79 per share for the year, up from their previous forecast of $0.76. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $0.55 per share.

Separately, CIBC upped their price target on Wesdome Gold Mines from C$12.00 to C$14.00 in a report on Monday.

Wesdome Gold Mines Trading Up 2.2 %

TSE WDO opened at C$10.84 on Thursday. The company has a market cap of C$1.62 billion, a price-to-earnings ratio of -271.00 and a beta of 0.75. Wesdome Gold Mines has a 52 week low of C$6.33 and a 52 week high of C$11.28. The business has a 50 day moving average price of C$9.76 and a 200-day moving average price of C$8.46. The company has a quick ratio of 0.37, a current ratio of 0.92 and a debt-to-equity ratio of 9.94.

Wesdome Gold Mines (TSE:WDO) last released its quarterly earnings data on Tuesday, March 12th. The company reported C$0.02 EPS for the quarter, missing the consensus estimate of C$0.03 by C($0.01). The firm had revenue of C$102.22 million for the quarter. Wesdome Gold Mines had a negative net margin of 1.86% and a negative return on equity of 1.50%.

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.