Wesdome Gold Mines (TSE:WDO) Insider Rajbir Gill Purchases 1,047 Shares of Stock

Posted by Brian Himes on Jul 2nd, 2026

Wesdome Gold Mines Ltd. (TSE:WDO – Get Free Report) insider Rajbir Gill acquired 1,047 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were bought at an average price of C$24.02 per share, for a total transaction of C$25,148.94. Following the acquisition, the insider directly owned 24,669 shares of the company’s stock, valued at approximately C$592,549.38. This trade represents a 4.43% increase in their position.

Wesdome Gold Mines Stock Up 6.6%

Shares of WDO traded up C$1.60 during trading hours on Thursday, hitting C$25.95. The stock had a trading volume of 621,984 shares, compared to its average volume of 862,546. The company has a debt-to-equity ratio of 0.31, a current ratio of 6.03 and a quick ratio of 0.37. The firm has a 50 day simple moving average of C$26.25 and a 200-day simple moving average of C$25.15. The firm has a market capitalization of C$3.85 billion, a P/E ratio of 9.68 and a beta of 1.17. Wesdome Gold Mines Ltd. has a 1-year low of C$15.94 and a 1-year high of C$30.98.

Wesdome Gold Mines (TSE:WDO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.79 earnings per share for the quarter. The business had revenue of C$299.79 million for the quarter. Wesdome Gold Mines had a return on equity of 46.09% and a net margin of 39.54%. Sell-side analysts predict that Wesdome Gold Mines Ltd. will post 1.293456 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on WDO. Canaccord Genuity Group upgraded Wesdome Gold Mines from a “hold” rating to a “buy” rating and increased their target price for the stock from C$30.00 to C$31.00 in a report on Monday, June 1st. National Bank Financial boosted their price target on shares of Wesdome Gold Mines from C$28.00 to C$32.00 and gave the company a “sector perform” rating in a research note on Friday, March 13th. Finally, Desjardins upped their price objective on shares of Wesdome Gold Mines from C$32.00 to C$34.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$30.14.

Check Out Our Latest Analysis on Wesdome Gold Mines

Wesdome Gold Mines Company Profile

(Get Free Report)

Wesdome is a Canadian-focused gold producer with two high-grade underground assets, Eagle River in Northern Ontario and Kiena in Val-d’Or, Québec. The Company’s primary goal is to responsibly leverage its operating platform and high-quality brownfield and greenfield exploration pipeline to build a value-driven mid-tier gold producer.