FY2025 Earnings Estimate for TSE:WDO Issued By Desjardins

Wesdome Gold Mines Ltd. (TSE:WDO) – Stock analysts at Desjardins reduced their FY2025 earnings per share (EPS) estimates for shares of Wesdome Gold Mines in a research report issued on Tuesday, November 4th. Desjardins analyst A. Carson now forecasts that the company will post earnings of $2.17 per share for the year, down from their previous forecast of $2.18. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. Desjardins also issued estimates for Wesdome Gold Mines’ FY2027 earnings at $4.01 EPS.

Other research analysts also recently issued reports about the company. Stifel Canada raised Wesdome Gold Mines from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Canaccord Genuity Group boosted their price target on shares of Wesdome Gold Mines from C$21.50 to C$22.50 in a report on Thursday, October 2nd. Stifel Nicolaus upgraded shares of Wesdome Gold Mines from a “hold” rating to a “buy” rating and upped their price objective for the stock from C$20.50 to C$28.00 in a research report on Monday, October 20th. Finally, CIBC increased their price objective on shares of Wesdome Gold Mines from C$24.00 to C$27.00 in a report on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$24.25.

Wesdome Gold Mines Stock Performance

Shares of WDO stock opened at C$20.35 on Friday. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. Wesdome Gold Mines has a 12-month low of C$10.89 and a 12-month high of C$24.80. The business’s 50 day moving average is C$20.82 and its two-hundred day moving average is C$18.88. The company has a market capitalization of C$3.07 billion, a P/E ratio of 12.72 and a beta of 0.81.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group primarily function through Canada and it derives revenue from the sale of gold and silver bullion.