Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Rajbir Gill Acquires 2,213 Shares

Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Rajbir Gill acquired 2,213 shares of the stock in a transaction dated Monday, November 18th. The stock was acquired at an average cost of C$11.65 per share, with a total value of C$25,781.45.

Rajbir Gill also recently made the following trade(s):

• On Tuesday, September 3rd, Rajbir Gill sold 3,500 shares of Wesdome Gold Mines stock. The stock was sold at an average price of C$12.47, for a total transaction of C$43,645.00.

Wesdome Gold Mines Trading Up 1.4 %

Shares of TSE:WDO opened at C$11.86 on Wednesday. The company has a current ratio of 1.49, a quick ratio of 0.37 and a debt-to-equity ratio of 0.44. Wesdome Gold Mines Ltd. has a 12-month low of C$7.03 and a 12-month high of C$14.99. The business has a 50 day moving average of C$12.55 and a two-hundred day moving average of C$12.23. The company has a market capitalization of C$1.77 billion, a PE ratio of 45.62 and a beta of 0.85.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Eight Capital lifted their price objective on shares of Wesdome Gold Mines from C$15.00 to C$16.00 in a research note on Thursday, August 15th. National Bankshares increased their price objective on Wesdome Gold Mines from C$17.25 to C$17.50 and gave the company an “outperform” rating in a report on Tuesday, August 20th. BMO Capital Markets lifted their target price on Wesdome Gold Mines from C$14.00 to C$18.00 in a report on Thursday, August 15th. Canaccord Genuity Group increased their price target on shares of Wesdome Gold Mines from C$11.75 to C$14.00 in a report on Tuesday, July 23rd. Finally, Ventum Financial lifted their price objective on shares of Wesdome Gold Mines from C$12.05 to C$15.00 in a research note on Thursday, August 29th. 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$15.29.

Wesdome Gold Mines Company Profile

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.