Wesdome Gold Mines (OTCMKTS:WDOFF – Get Free Report) is expected to be releasing its results after the market closes on Wednesday, November 4th. Analysts expect Wesdome Gold Mines to announce earnings of $0.4084 per share and revenue of $180.38 million for the quarter.
Wesdome Gold Mines Price Performance
Shares of Wesdome Gold Mines stock opened at $20.18 on Wednesday. The business’s 50 day simple moving average is $23.87 and its 200 day simple moving average is $20.06. Wesdome Gold Mines has a 52-week low of $13.82 and a 52-week high of $27.27.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on WDOFF. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Wesdome Gold Mines in a research report on Thursday, July 23rd. National Bank Financial upgraded shares of Wesdome Gold Mines from an “outperform” rating to an “outperform” rating in a report on Thursday, July 2nd. BMO Capital Markets lowered shares of Wesdome Gold Mines from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 18th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Wesdome Gold Mines in a report on Friday, October 16th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Wesdome Gold Mines presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on WDOFF
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. The company operates the Eagle River underground mine near Wawa, Ontario, and the Kiena underground mine and processing complex near Val-d’Or, Quebec.
Wesdome produces gold from its Canadian operations and conducts exploration programs aimed at extending mine life and identifying additional mineral resources. The company’s activities include underground mining, mineral processing, resource evaluation and exploration on properties in Ontario and Quebec.
Founded in 1976, Wesdome has developed into an established Canadian gold producer through the acquisition and development of mineral properties.
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