Wesdome Gold Mines (OTCMKTS:WDOFF) Shares Pass Above 200 Day Moving Average – Here’s Why

Wesdome Gold Mines Ltd. (OTCMKTS:WDOFFGet Free Report)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.41 and traded as high as $11.20. Wesdome Gold Mines shares last traded at $11.20, with a volume of 178,045 shares trading hands.

Analysts Set New Price Targets

Separately, TD Securities began coverage on shares of Wesdome Gold Mines in a report on Tuesday, February 4th. They issued a “hold” rating on the stock.

View Our Latest Analysis on WDOFF

Wesdome Gold Mines Stock Performance

The business’s 50 day moving average price is $9.99 and its two-hundred day moving average price is $9.42.

About Wesdome Gold Mines

(Get Free Report)

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.

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