Wesdome Gold Mines (OTCMKTS:WDOFF) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.07 and traded as high as $12.96. Wesdome Gold Mines shares last traded at $12.96, with a volume of 298,808 shares changing hands.

Analyst Upgrades and Downgrades

WDOFF has been the topic of a number of recent analyst reports. TD Securities assumed coverage on Wesdome Gold Mines in a research note on Tuesday, February 4th. They issued a “hold” rating on the stock. National Bankshares reissued an “outperform” rating on shares of Wesdome Gold Mines in a research report on Wednesday, March 26th.

Wesdome Gold Mines Price Performance

The company has a 50-day moving average price of $11.55 and a 200-day moving average price of $10.07.

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.