Wesdome Gold Mines (WDOFF) Projected to Announce Quarterly Earnings on Thursday

Wesdome Gold Mines (OTCMKTS:WDOFF) is anticipated to post its results before the market opens on Thursday, August 13th. Analysts expect the company to post earnings of $0.4190 per share and revenue of $196.0640 million for the quarter.

Wesdome Gold Mines Price Performance

Shares of OTCMKTS:WDOFF opened at $24.33 on Tuesday. Wesdome Gold Mines has a 52 week low of $11.50 and a 52 week high of $25.25. The company’s 50 day moving average is $18.68 and its two-hundred day moving average is $18.61.

Analyst Ratings Changes

Several equities analysts recently commented on WDOFF shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Wesdome Gold Mines in a report on Thursday, July 23rd. National Bank Financial raised Wesdome Gold Mines from an “outperform” rating to an “outperform” rating in a research report on Thursday, July 2nd. Finally, Canadian Imperial Bank of Commerce upgraded Wesdome Gold Mines from a “neutral” rating to an “outperform” rating in a report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Wesdome Gold Mines presently has a consensus rating of “Moderate Buy”.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd. is a publicly traded Canadian gold producer and explorer focused on its flagship Eagle River Complex in Ontario and the high?grade Kiena gold complex in Quebec. The Eagle River Complex, situated near Wawa, Ontario, comprises an underground mine, the Mishi open?pit deposit and a 3,200?tonne?per?day milling facility that produces gold?rich concentrates. In Val?d’Or, Quebec, the Kiena property features an established decline and infrastructure supporting ongoing underground exploration at the Deep A Zone and evaluation of adjoining zones for potential resource expansion.

Since commencing production in 2008, Eagle River has delivered steady gold output through conventional milling and flotation circuits, while exploration programs at Kiena have continued to intersect high?grade gold mineralization.