National Bankshares Cuts Wesdome Gold Mines (TSE:WDO) Price Target to C$14.25

Wesdome Gold Mines (TSE:WDO) had its price target trimmed by National Bankshares from C$14.75 to C$14.25 in a research note issued to investors on Friday, BayStreet.CA reports.

Separately, CIBC boosted their price target on shares of Wesdome Gold Mines from C$12.00 to C$14.00 in a research note on Monday, April 15th.

Wesdome Gold Mines Stock Up 1.2 %

Shares of TSE:WDO opened at C$11.18 on Friday. Wesdome Gold Mines has a 52-week low of C$6.33 and a 52-week high of C$11.28. The firm has a fifty day moving average of C$9.84 and a 200 day moving average of C$8.50. The firm has a market capitalization of C$1.67 billion, a PE ratio of -279.50 and a beta of 0.75. The company has a debt-to-equity ratio of 9.94, a quick ratio of 0.37 and a current ratio of 0.92.

Wesdome Gold Mines (TSE:WDO) last announced its earnings results on Tuesday, March 12th. The company reported C$0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.03 by C($0.01). Wesdome Gold Mines had a negative return on equity of 1.50% and a negative net margin of 1.86%. The company had revenue of C$102.22 million during the quarter. As a group, research analysts anticipate that Wesdome Gold Mines will post 0.5495825 EPS for the current fiscal year.

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.