Shares of Wesdome Gold Mines Ltd (OTCMKTS:WDOFF) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.81 and traded as high as $6.55. Wesdome Gold Mines shares last traded at $6.55, with a volume of 48,528 shares changing hands.
The firm has a 50 day moving average price of $5.88 and a 200-day moving average price of $4.88.
About Wesdome Gold Mines (OTCMKTS:WDOFF)
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.
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