FY2025 EPS Estimates for TSE:WDO Lifted by Stifel Canada

Wesdome Gold Mines Ltd. (TSE:WDO) – Research analysts at Stifel Canada raised their FY2025 earnings per share estimates for Wesdome Gold Mines in a note issued to investors on Monday, October 20th. Stifel Canada analyst R. Profiti now forecasts that the company will post earnings per share of $2.17 for the year, up from their prior estimate of $2.02. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. Stifel Canada also issued estimates for Wesdome Gold Mines’ FY2026 earnings at $2.78 EPS and FY2027 earnings at $3.24 EPS.

A number of other analysts have also recently issued reports on the company. CIBC raised their price objective on Wesdome Gold Mines from C$24.00 to C$27.00 in a research report on Friday, October 10th. Stifel Nicolaus raised Wesdome Gold Mines from a “hold” rating to a “buy” rating and raised their price objective for the company from C$20.50 to C$28.00 in a research report on Monday. Finally, Canaccord Genuity Group raised their price objective on Wesdome Gold Mines from C$21.50 to C$22.50 in a research report on Thursday, October 2nd. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$24.25.

Wesdome Gold Mines Stock Performance

Shares of TSE WDO opened at C$21.87 on Thursday. The stock has a 50 day moving average price of C$19.96 and a 200 day moving average price of C$18.58. Wesdome Gold Mines has a 52 week low of C$10.89 and a 52 week high of C$24.80. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 2.14. The stock has a market capitalization of C$3.30 billion, a PE ratio of 13.67 and a beta of 0.62.

About Wesdome Gold Mines

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.