Wesdome Gold Mines (TSE:WDO) – Investment analysts at Clarus Securities reduced their FY2018 earnings estimates for Wesdome Gold Mines in a note issued to investors on Wednesday, April 25th. Clarus Securities analyst J. Spratt now forecasts that the company will post earnings of $0.16 per share for the year, down from their prior forecast of $0.21.

Wesdome Gold Mines (TSE:WDO) last issued its earnings results on Wednesday, March 21st. The company reported C$0.03 earnings per share for the quarter, missing the consensus estimate of C$0.04 by C($0.01). The firm had revenue of C$31.54 million during the quarter. Wesdome Gold Mines had a return on equity of 0.86% and a net margin of 1.40%.

Several other brokerages have also weighed in on WDO. Eight Capital cut their target price on Wesdome Gold Mines from C$3.40 to C$3.00 in a research report on Thursday, March 22nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$3.75 target price on shares of Wesdome Gold Mines in a research report on Thursday, February 22nd.

Shares of WDO opened at C$1.91 on Thursday. Wesdome Gold Mines has a twelve month low of C$1.64 and a twelve month high of C$3.65.

Wesdome Gold Mines Company Profile

Wesdome Gold Mines Ltd. explores for, extracts, processes, produces, reclaims, and sells gold in Canada. It principally produces gold in the form of doré bars; and silver as a by-product. The company's principal assets include the Eagle River Mine, which consists of 3 contiguous mining leases and 442 contiguous active mining claims covering an area of 7,958 hectares; the Mishi Mine that consists of 19 patented mining claims, 5 mining leases, and 5 staked claims covering an area of 3,055 hectares; and the Eagle River Mill located near Wawa, Ontario.

Earnings History and Estimates for Wesdome Gold Mines (TSE:WDO)

Receive News & Ratings for Wesdome Gold Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wesdome Gold Mines and related companies with MarketBeat.com's FREE daily email newsletter.