Wesdome Gold Mines Ltd. (OTCMKTS:WDOFF – Get Free Report) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $20.08 and traded as low as $19.30. Wesdome Gold Mines shares last traded at $19.33, with a volume of 186,583 shares traded.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on WDOFF. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Wesdome Gold Mines in a research report on Friday, October 16th. BMO Capital Markets downgraded Wesdome Gold Mines from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 18th. National Bank Financial raised Wesdome Gold Mines from an “outperform” rating to an “outperform” rating in a research note on Thursday, July 2nd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Wesdome Gold Mines in a report on Thursday, July 23rd. Two investment 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, Wesdome Gold Mines currently has a consensus rating of “Moderate Buy”.
Read Our Latest Research Report on Wesdome Gold Mines
Wesdome Gold Mines Price Performance
The company has a 50-day simple moving average of $23.73 and a two-hundred day simple moving average of $20.08.
Wesdome Gold Mines Company Profile
Wesdome Gold Mines Ltd. is a Canadian gold mining company engaged in the exploration, development, extraction and processing of gold deposits. The company produces gold doré and related mineral products from its underground mining operations and operates primarily in Canada.
Wesdome’s principal assets include the Eagle River Complex in Ontario’s Wawa area and the Kiena Mine in Val-d’Or, Quebec. The Eagle River Complex includes the Eagle River underground mine and an associated processing facility, while Kiena is an underground gold mine and mill complex in the Abitibi region of Quebec.
Founded in 1976, Wesdome has developed a portfolio focused on high-grade Canadian gold deposits.
Recommended Stories
- Five stocks we like better than Wesdome Gold Mines
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for Wesdome Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wesdome Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.
