Clarus Securities restated their speculative buy rating on shares of Wesdome Gold Mines Ltd. (TSE:WDO) in a research note released on Thursday morning.
A number of other research firms have also recently commented on WDO. M Partners restated a buy rating on shares of Wesdome Gold Mines in a research report on Monday, July 18th. National Bank Financial upped their price objective on shares of Wesdome Gold Mines from C$2.60 to C$2.80 in a research report on Wednesday, July 13th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock has an average rating of Buy and a consensus price target of C$2.26.
Shares of Wesdome Gold Mines (TSE:WDO) opened at 2.55 on Thursday. Wesdome Gold Mines has a 12 month low of $0.96 and a 12 month high of $2.90. The firm has a 50 day moving average price of $2.60 and a 200-day moving average price of $1.98. The firm’s market cap is $331.23 million.
In other Wesdome Gold Mines news, Director Barry George Smith sold 205,000 shares of the stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of C$2.61, for a total transaction of C$535,050.00.