Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Rajbir Gill Sells 7,884 Shares

Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Rajbir Gill sold 7,884 shares of Wesdome Gold Mines stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$16.26, for a total transaction of C$128,193.84.

Wesdome Gold Mines Trading Up 1.5 %

Wesdome Gold Mines stock traded up C$0.26 during trading hours on Monday, reaching C$17.10. The stock had a trading volume of 178,349 shares, compared to its average volume of 398,547. The company has a fifty day simple moving average of C$14.81 and a 200-day simple moving average of C$13.46. Wesdome Gold Mines Ltd. has a 52 week low of C$9.89 and a 52 week high of C$17.17. The stock has a market cap of C$2.60 billion, a PE ratio of 31.91 and a beta of 0.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.14 and a quick ratio of 0.37.

Analyst Upgrades and Downgrades

WDO has been the topic of several recent analyst reports. TD Securities raised shares of Wesdome Gold Mines to a “hold” rating in a research report on Tuesday, February 4th. National Bankshares raised their target price on Wesdome Gold Mines from C$19.75 to C$22.00 and gave the company an “outperform” rating in a research report on Wednesday, March 26th. Finally, Desjardins increased their price target on shares of Wesdome Gold Mines from C$17.50 to C$18.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Wesdome Gold Mines currently has a consensus rating of “Moderate Buy” and a consensus target price of C$16.19.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.