Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Joanna Miller Sells 1,391 Shares

Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Joanna Miller sold 1,391 shares of Wesdome Gold Mines stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$13.23, for a total transaction of C$18,402.93. Following the completion of the transaction, the insider now directly owns 706 shares in the company, valued at approximately C$9,340.38.

Wesdome Gold Mines Trading Down 0.2 %

Wesdome Gold Mines stock opened at C$12.39 on Friday. Wesdome Gold Mines Ltd. has a 12 month low of C$6.84 and a 12 month high of C$14.99. The company has a quick ratio of 0.37, a current ratio of 1.49 and a debt-to-equity ratio of 0.44. The stock has a market cap of C$1.85 billion, a P/E ratio of 47.77 and a beta of 0.85. The company’s fifty day simple moving average is C$12.87 and its 200-day simple moving average is C$11.30.

Wall Street Analyst Weigh In

WDO has been the subject of a number of research reports. CIBC raised their target price on shares of Wesdome Gold Mines from C$14.00 to C$14.50 in a report on Wednesday, July 10th. BMO Capital Markets raised their price objective on Wesdome Gold Mines from C$14.00 to C$18.00 in a research note on Thursday, August 15th. Ventum Financial boosted their target price on Wesdome Gold Mines from C$12.05 to C$15.00 in a research report on Thursday, August 29th. TD Securities reduced their target price on Wesdome Gold Mines from C$13.00 to C$12.00 and set a “buy” rating for the company in a report on Thursday, May 9th. Finally, Eight Capital lifted their price target on Wesdome Gold Mines from C$15.00 to C$16.00 in a research note on Thursday, August 15th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Wesdome Gold Mines has an average rating of “Moderate Buy” and an average target price of C$14.38.

About Wesdome Gold Mines

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada. It holds interest in the Eagle River Mine in Ontario; and the Kiena Mine in Québec. The company was formerly known as River Gold Mines Ltd. and changed its name to Wesdome Gold Mines Ltd. Wesdome Gold Mines Ltd.