Wesdome Gold Mines (OTCMKTS:WDOFF) Stock Passes Above 200-Day Moving Average – Time to Sell?

Shares of Wesdome Gold Mines Ltd. (OTCMKTS:WDOFFGet Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.90 and traded as high as $9.16. Wesdome Gold Mines shares last traded at $9.16, with a volume of 278,595 shares traded.

Analysts Set New Price Targets

Separately, BMO Capital Markets reaffirmed an “outperform” rating on shares of Wesdome Gold Mines in a research report on Friday, October 18th.

Get Our Latest Analysis on WDOFF

Wesdome Gold Mines Stock Performance

The firm’s 50 day moving average is $9.42 and its 200 day moving average is $8.90.

About Wesdome Gold Mines

(Get Free Report)

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.

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