Desjardins Has Bullish Forecast for TSE:WDO FY2025 Earnings

Wesdome Gold Mines Ltd. (TSE:WDO) – Analysts at Desjardins lifted their FY2025 earnings per share estimates for Wesdome Gold Mines in a report released on Wednesday, March 19th. Desjardins analyst A. Carson now anticipates that the company will post earnings per share of $1.44 for the year, up from their prior estimate of $1.42. Desjardins currently has a “Buy” rating and a $18.00 target price on the stock. The consensus estimate for Wesdome Gold Mines’ current full-year earnings is $1.29 per share. Desjardins also issued estimates for Wesdome Gold Mines’ FY2026 earnings at $1.65 EPS and FY2027 earnings at $1.45 EPS.

Separately, TD Securities raised Wesdome Gold Mines to a “hold” rating in a report on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$15.63.

Wesdome Gold Mines Stock Down 2.0 %

WDO opened at C$15.80 on Friday. Wesdome Gold Mines has a fifty-two week low of C$9.49 and a fifty-two week high of C$16.27. 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 company has a market capitalization of C$2.40 billion, a P/E ratio of 29.49 and a beta of 0.85. The stock has a fifty day moving average of C$14.44 and a 200-day moving average of C$13.29.

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.