TSE:WDO FY2025 EPS Boosted by National Bank Financial

Wesdome Gold Mines Ltd. (TSE:WDO) – National Bank Financial boosted their FY2025 earnings estimates for shares of Wesdome Gold Mines in a research note issued to investors on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $2.57 per share for the year, up from their prior forecast of $2.47. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Wesdome Gold Mines’ FY2026 earnings at $2.81 EPS.

Several other equities analysts also recently commented on WDO. Royal Bank Of Canada upped their price target on shares of Wesdome Gold Mines from C$19.00 to C$22.00 in a report on Wednesday, June 4th. Stifel Nicolaus downgraded shares of Wesdome Gold Mines from a “buy” rating to a “hold” rating and cut their price target for the company from C$24.00 to C$20.50 in a report on Friday, August 15th. Canaccord Genuity Group raised shares of Wesdome Gold Mines from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 23rd. Finally, Stifel Canada cut shares of Wesdome Gold Mines from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$22.13.

Wesdome Gold Mines Stock Performance

Shares of TSE:WDO opened at C$20.56 on Friday. The company has a market capitalization of C$3.10 billion, a price-to-earnings ratio of 12.85 and a beta of 0.22. Wesdome Gold Mines has a 12 month low of C$10.89 and a 12 month high of C$21.02. The firm’s 50-day moving average is C$17.99 and its 200 day moving average is C$17.75. The company has a current ratio of 2.14, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30.

Insider Activity

In other news, Senior Officer Rajbir Gill sold 10,822 shares of the stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of C$18.56, for a total transaction of C$200,856.32. Corporate insiders own 0.17% of the company’s stock.

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.