Wesdome Gold Mines Ltd. (TSE:WDO) Director Anthea Ingrid Bath Acquires 4,250 Shares

Wesdome Gold Mines Ltd. (TSE:WDO) Director Anthea Ingrid Bath acquired 4,250 shares of Wesdome Gold Mines stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of C$11.83 per share, with a total value of C$50,277.50.

Wesdome Gold Mines Stock Performance

Shares of WDO stock traded up C$0.10 during trading on Tuesday, reaching C$11.80. 102,060 shares of the company’s stock traded hands, compared to its average volume of 469,342. Wesdome Gold Mines Ltd. has a 1 year low of C$7.03 and a 1 year high of C$14.99. The firm’s 50-day moving average is C$12.55 and its 200 day moving average is C$12.23. The company has a current ratio of 1.49, a quick ratio of 0.37 and a debt-to-equity ratio of 0.44. The company has a market capitalization of C$1.76 billion, a P/E ratio of 45.35 and a beta of 0.85.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WDO. National Bankshares lifted their target price on Wesdome Gold Mines from C$17.25 to C$17.50 and gave the company an “outperform” rating in a research report on Tuesday, August 20th. Desjardins upgraded shares of Wesdome Gold Mines to a “hold” rating in a report on Thursday, October 31st. Ventum Financial boosted their price target on shares of Wesdome Gold Mines from C$12.05 to C$15.00 in a report on Thursday, August 29th. Eight Capital increased their price objective on shares of Wesdome Gold Mines from C$15.00 to C$16.00 in a research note on Thursday, August 15th. Finally, Canaccord Genuity Group boosted their price objective on Wesdome Gold Mines from C$11.75 to C$14.00 in a research report on Tuesday, July 23rd. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Wesdome Gold Mines has an average rating of “Moderate Buy” and a consensus target price of C$15.29.

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.