Philip Ng Sells 23,300 Shares of Wesdome Gold Mines Ltd (WDO) Stock

Wesdome Gold Mines Ltd (TSE:WDO) insider Philip Ng sold 23,300 shares of the company’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of C$3.45, for a total transaction of C$80,385.00.

Philip Ng also recently made the following trade(s):

  • On Thursday, May 11th, Philip Ng sold 1,700 shares of Wesdome Gold Mines stock. The stock was sold at an average price of C$3.33, for a total transaction of C$5,661.00.

Wesdome Gold Mines Ltd (TSE WDO) traded up 0.32% on Friday, hitting $3.14. 17,512,996 shares of the stock were exchanged. Wesdome Gold Mines Ltd has a 52-week low of $1.50 and a 52-week high of $4.40. The stock’s 50 day moving average price is $3.22 and its 200 day moving average price is $3.16. The firm has a market cap of $416.37 million and a PE ratio of 34.51.

Insider Buying and Selling by Quarter for Wesdome Gold Mines (TSE:WDO)

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A number of research firms have recently commented on WDO. National Bank Financial upped their price target on shares of Wesdome Gold Mines from C$4.00 to C$4.25 and gave the stock a “sector perform” rating in a report on Friday, March 17th. Eight Capital restated a “buy” rating and issued a C$4.70 price target on shares of Wesdome Gold Mines in a report on Friday, March 3rd.

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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