Wesdome Gold Mines Ltd (TSE:WDO) shares reached a new 52-week low during trading on Monday . The company traded as low as C$1.74 and last traded at C$1.78, with a volume of 291380 shares. The stock had previously closed at C$1.82.

WDO has been the topic of a number of research analyst reports. National Bank Financial reaffirmed an “outperform” rating and set a C$4.00 target price on shares of Wesdome Gold Mines in a report on Tuesday, October 3rd. Desjardins reissued a “buy” rating and issued a C$3.15 price target on shares of Wesdome Gold Mines in a report on Friday, September 29th.

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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.

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