Wesdome Gold Mines

Wesdome Gold Mines posted record Q1 2026 results for revenue (CAD 300 million), net income (CAD 119 million), EBITDA and free cash flow. EPS of CAD 0.79 was 10.8% below the analyst forecast of CAD 0.8859, and revenue of CAD 299.79 million missed the expectation of CAD 318.76 million. Despite the miss, the stock rose 2.13% premarket, and management remains optimistic thanks to strong cash generation, share buybacks and further investments in exploration and capacity expansion. » Mere på de.investing.com

Wesdome Gold Mines posted record revenue of CAD 230 million in Q3 2025 (+57% year-on-year), beating sales expectations. EPS was slightly below forecast at CAD 0.58 versus CAD 0.60, while net income more than doubled to CAD 87.58 million and EBITDA reached CAD 150 million. Free cash flow and cash balances rose sharply (free cash flow CAD 79.52 million, cash CAD 266 million), and the company revised the Kiena mine production guidance to 72,000–78,000 ounces. The stock closed up 0.95% at CAD 19.91 after the release, and management signaled continued focus on operational efficiency, exploration and potential M&A activity in Canada. » Mere på de.investing.com

Wesdome Gold Mines Ltd. posted record second-quarter results with $209 million in revenue and $83 million in net income, but ran into operational issues at the Kiena mine, prompting a sharp drop in its share price. The company highlighted cash balances and liquidity, announced strategic moves including the acquisition of Angus Gold and an increased credit facility, and updated its production guidance for 2025 and 2026. Wesdome is implementing an action plan to improve Kiena’s performance, while Eagle River continues to deliver strong results. » Mere på de.investing.com