Wesdome Gold Mines Ltd.

WDO

CA95083R1001

Gold

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-17 pm EDT			5-day change	1st Jan Change
11.8 ^CAD	+4.15%		+2.52%	+53.05%

May. 16	Arizona Metals Appoints New CEO, Board Chair	MT
May. 14	Wesdome Gold Mines Brief: Keeps Outperform Rating and Target Raised To C$15 from $14.25 at National Bank, Which Notes "Step Change in Grades on Deck"	MT

Wesdome Gold Mines Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 08, 2024 at 06:06 pm EDT

Wesdome Gold Mines Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 100.92 million compared to CAD 76.7 million a year ago. Net income was CAD 10.71 million compared to net loss of CAD 0.345 million a year ago.

Basic earnings per share from continuing operations was CAD 0.07. Diluted earnings per share from continuing operations was CAD 0.07.

Latest news about Wesdome Gold Mines Ltd.

Arizona Metals Appoints New CEO, Board Chair	May. 16	MT
Wesdome Gold Mines Brief: Keeps Outperform Rating and Target Raised To C$15 from $14.25 at National Bank, Which Notes "Step Change in Grades on Deck"	May. 14	MT
Red Pine Exploration Brief: Providing Further Update On Assay Results for Wawa Gold Project	May. 10	MT
Wesdome Gold Mines Rating, Price Target Maintained at National Bank Following Q1 Results; Up Nearly 11%	May. 09	MT
Transcript : Wesdome Gold Mines Ltd., Q1 2024 Earnings Call, May 09, 2024	May. 09
Wesdome Gold Mines Rating, Price Target Maintained at National Bank Following Q1 Results	May. 09	MT
Wesdome Gold Mines Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 08	CI
Wesdome Gold Mines' Outperform Rating, C$14.00 Price Target, Reiterated by National Bank of Canada	Apr. 22	MT
Wesdome Gold Mines Down 3.8% as Exploration Chief Michael Michaud Steps Down to Join Red Pine Exploration	Apr. 22	MT
Red Pine Exploration Says Michael Michaud Joining as its President & CEO and as a Member of its Board; He Has Experience With Wesdome and Iamgold	Apr. 22	MT
Red Pine Exploration Brief: Michael Michaud Joining as its President & CEO and as a member of its Board of Directors	Apr. 22	MT
Wesdome Gold Mines Brief: Providing Senior Management Update	Apr. 22	MT
Wesdome Gold Mines Ltd. Announces the Resignation of Michael Michaud, Senior Vice President, Exploration and Resources, Effective July 11, 2024	Apr. 22	CI
Wesdome Gold Mines Maintained at Outperform at BMO Following Q1 Production Results; Price Target Kept at C$14.00	Apr. 17	MT
Wesdome Gold Mines Maintained at Outperform at National Bank After Q1 Production Results; Price Target Kept at C$14.75	Apr. 16	MT
Wesdome Gold Mines Ltd. Provides Production Guidance for the Full Year 2024	Apr. 15	CI
Wesdome Gold Mines Ltd. Announces Production Results for the First Quarter of 2024	Apr. 15	CI
Wesdome Gold Mines Rises 6% on Assay Results, TD Maintains Outperform	Apr. 08	MT
Wesdome Gold Mines Details Latest Drill Results From Kiena Mine	Apr. 08	MT
Wesdome Gold Mines Ltd. Provides Kiena Exploration Update	Apr. 08	CI
National Bank of Canada Maintains Wesdome's Outperform Rating, $11.70 Price Target	Mar. 15	MT
National Bank of Canada Says Wesdome Gold Mines' Q4 2023 Adjusted EPS Below Estimates	Mar. 13	MT
Transcript : Wesdome Gold Mines Ltd., Q4 2023 Earnings Call, Mar 13, 2024	Mar. 13
Wesdome Announces Fourth Quarter And Full Year 2023 Financial Results; Provides Annual Mineral Reserve And Resource Update	Mar. 12	MT
Wesdome Gold Mines Brief: Providing Annual Mineral Reserve and Resource Update	Mar. 12	MT

Chart Wesdome Gold Mines Ltd.

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Company Profile

Wesdome Gold Mines Ltd. is a Canada-based gold producer with two high grade underground assets, the Eagle River mine in Ontario and Kiena mine in Quebec. The Company has an exploration program both underground and on the surface within the mine area and more regionally at both the Eagle River and Kiena Complex. The Eagle River Underground Mine is located approximately 50 kilometers west of Wawa, Ontario. The Eagle River Underground Mine in Wawa, Ontario is producing gold at a rate of 92,000-105,000 ounces per year. The Kiena Mine is located in the prospective Val dâOr, Quebec gold camp. The Kiena Complex is a fully permitted former mine with a 930-metre shaft and 2,000 tons-per-day mill. The Company also retains exposure to the Moss Lake gold deposit, located approximately 100 kilometers west of Thunder Bay, Ontario through its equity position in Goldshore Resources Inc.

Sector

Gold

Calendar

2024-06-04 - Mining Investment Event of the North Canada Tier I Global Mining Conference

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Ratings for Wesdome Gold Mines Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

11.8 CAD

Average target price

12.05 CAD

Spread / Average Target

+2.12%

Consensus

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Quarterly earnings - Rate of surprise

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