Insider Buying: Wesdome Gold Mines Ltd (WDO) Director Acquires 50,000 Shares of Stock

Wesdome Gold Mines Ltd (TSE:WDO) Director Charles Main bought 50,000 shares of the stock in a transaction dated Wednesday, November 15th. The shares were purchased at an average cost of C$1.82 per share, for a total transaction of C$91,000.00.

Wesdome Gold Mines Ltd (TSE:WDO) opened at C$1.76 on Monday. Wesdome Gold Mines Ltd has a 12 month low of C$1.72 and a 12 month high of C$4.40.

WDO has been the subject of a number of recent analyst reports. National Bank Financial restated an “outperform” rating and issued a C$4.00 price objective on shares of Wesdome Gold Mines in a research note on Tuesday, October 3rd. Desjardins restated a “buy” rating and issued a C$3.15 price objective on shares of Wesdome Gold Mines in a research note on Friday, September 29th. Finally, Eight Capital reduced their price objective on Wesdome Gold Mines from C$4.70 to C$3.40 in a research note on Monday, November 27th.

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About Wesdome Gold Mines

Wesdome Gold Mines Ltd. is engaged in gold mining operations. The Company is producing gold at the Eagle River Complex and open pit Mishi gold mines. Its Eagle River Complex is located in Central Ontario, which includes the Eagle River Mine, the Mishi Mine and shared infrastructure, including the mineral processing plant.

Insider Buying and Selling by Quarter for Wesdome Gold Mines (TSE:WDO)

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