Rajbir Gill Purchases 2,213 Shares of Wesdome Gold Mines Ltd. (TSE:WDO) Stock

Wesdome Gold Mines Ltd. (TSE:WDO) Senior Officer Rajbir Gill bought 2,213 shares of the stock in a transaction on Monday, November 18th. The stock was purchased at an average cost of C$11.65 per share, for a total transaction 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 shares were sold at an average price of C$12.47, for a total value of C$43,645.00.

Wesdome Gold Mines Trading Up 0.9 %

TSE WDO opened at C$11.97 on Thursday. The firm has a market capitalization of C$1.79 billion, a price-to-earnings ratio of 46.04 and a beta of 0.85. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.37 and a current ratio of 1.49. Wesdome Gold Mines Ltd. has a one year low of C$7.03 and a one year high of C$14.99. The company’s 50 day moving average price is C$12.54 and its 200 day moving average price is C$12.24.

Wall Street Analyst Weigh In

WDO has been the topic of several analyst reports. Ventum Financial raised their price target on shares of Wesdome Gold Mines from C$12.05 to C$15.00 in a research note on Thursday, August 29th. National Bankshares increased their price target on Wesdome Gold Mines from C$17.25 to C$17.50 and gave the stock an “outperform” rating in a research note on Tuesday, August 20th. BMO Capital Markets lifted their price objective on Wesdome Gold Mines from C$14.00 to C$18.00 in a research report on Thursday, August 15th. Desjardins upgraded Wesdome Gold Mines to a “hold” rating in a research report on Thursday, October 31st. Finally, Eight Capital raised their price target on Wesdome Gold Mines from C$15.00 to C$16.00 in a research note on Thursday, August 15th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$15.29.

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.