Wesdome Gold Mines

Wesdome Gold's stock fell about 4% today to CAD 33.67, weighed down by a falling gold price (lowest since August 2026), rising oil prices and growing expectations of further Fed rate hikes. Additional pressure comes from tomorrow's dividend detachment of CAD 0.031 (ex-dividend on 15 September 2026). Weak mining stocks across the sector and negative sentiment on the TSX, together with declining quotes from peers such as OceanaGold and Centerra Gold, amplified the sell-off. Despite the drop, the stock remains well above the 52-week low of CAD 18.08. » Więcej na de.investing.com

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. » Więcej na 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. » Więcej na de.investing.com