FY2017 Earnings Estimate for Wesdome Gold Mines Ltd (WDO) Issued By National Bank Financial

Wesdome Gold Mines Ltd (TSE:WDO) – Analysts at National Bank Financial boosted their FY2017 EPS estimates for Wesdome Gold Mines in a note issued to investors on Wednesday. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.10 per share for the year, up from their prior estimate of $0.08. National Bank Financial also issued estimates for Wesdome Gold Mines’ FY2018 earnings at $0.19 EPS.

Separately, Eight Capital reduced their target price on Wesdome Gold Mines from C$4.70 to C$3.40 in a research note on Monday, November 27th.

Wesdome Gold Mines (WDO) opened at C$1.89 on Monday. The company has a market capitalization of $249.04, a P/E ratio of 63.00 and a beta of -0.88. Wesdome Gold Mines has a one year low of C$1.64 and a one year high of C$4.40.

Wesdome Gold Mines (TSE:WDO) last released its earnings results on Thursday, November 9th. The company reported C$0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.02). Wesdome Gold Mines had a net margin of 1.40% and a return on equity of 0.86%.

In other Wesdome Gold Mines news, Director Charles Main bought 50,000 shares of Wesdome Gold Mines stock in a transaction dated Wednesday, November 15th. The stock was bought at an average cost of C$1.82 per share, for a total transaction of C$91,000.00.

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About Wesdome Gold Mines

Wesdome Gold Mines Ltd. is engaged in gold mining operations. The Company is producing gold at the Eagle River Complex and open pit Mishi gold mines. Its Eagle River Complex is located in Central Ontario, which includes the Eagle River Mine, the Mishi Mine and shared infrastructure, including the mineral processing plant.

Earnings History and Estimates for Wesdome Gold Mines (TSE:WDO)

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