Wesdome Gold Mines Ltd. (WDO:CA) Rises 6.23% for October 15

Equities Staff  |

October 15 was a positive day for Wesdome Gold Mines Ltd. (WDO:CA) as its stock finished the day having gained 6.23% to hit a price of $6.31 a share. The company reached a market cap of 865.73 million and has 137.06 million shares outstanding. Wesdome Gold Mines Ltd. is a component of the the S&P/TSX SmallCap Index.

908,997 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Wesdome Gold Mines Ltd..

Wesdome Gold Mines Ltd is a gold producer engaged in mining related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground and Mishi Open Pit gold mines. Activities of the group are primarily functioned through Canada and it derives revenue from the sale of gold and silver bullion.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Duncan Middlemiss.

Wesdome Gold Mines Ltd. has hit a high of $7.81 and reached a low of $3.30 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 4.85.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Wesdome Gold Mines Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here: WDO:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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