In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Wesdome Gold Mines (WDO). Analyst Don DeMarco from National Bank rated Wesdome Gold Mines (WDO) a Buy today, setting a C$4.75 price target.
According to TipRanks.com, DeMarco is a 3-star analyst with an average return of 2.6% and a 58.6% success rate. DeMarco covers the Basic Materials sector, focusing on stocks such as Golden Star Resources Ltd, SilverCrest Metals Inc, and First Majestic Silver.
Wesdome Gold Mines has an analyst consensus of Moderate Buy, with a price target consensus of C$4.88.
The company has a one-year high of C$4.18 and a one-year low of C$1.71. Currently, Wesdome Gold Mines has an average volume of 452.9K.
Wesdome Gold Mines Ltd. is a mining exploration company, which engages in the provision of acquisition, exploration, evaluation, and development of gold properties. It holds interest in the Eagle River Mine, Mishi Mine, Kiena complex, and Moss Lake Gold Mines properties. The company was founded in 1976 and is headquartered in Toronto, Canada.
The company’s shares closed on Thursday at C$3.58.
