Wesdome Gold Mines Exceeds Q1 2025 Production Expectations

Wesdome Gold Mines ( (TSE:WDO) ) has shared an update.

Wesdome Gold Mines Ltd. reported a strong first quarter of 2025, with total gold production exceeding expectations. The company produced 45,692 ounces of gold, a 37% increase from the previous year, driven by higher production at both the Eagle River and Kiena mines. The company remains on track to meet its full-year production guidance, with a second-half weighted production profile anticipated. The transition to a hybrid mining approach at Kiena is already yielding positive results, positioning Wesdome well to achieve its operational targets for the year.

Spark’s Take on TSE:WDO Stock

According to Spark, TipRanks’ AI Analyst, TSE:WDO is a Outperform.

Wesdome Gold Mines demonstrates strong financial performance and operational efficiency, supported by positive earnings calls and strategic corporate developments. Technical indicators signal bullish momentum, while valuation suggests fair pricing. The company’s strategic acquisitions and exploration success position it well for future growth.

To see Spark’s full report on TSE:WDO stock, click here.

More about Wesdome Gold Mines

Wesdome Gold Mines Ltd. is a Canadian-focused gold producer with two high-grade underground assets, the Eagle River mine in Ontario and the Kiena mine in Québec. The company aims to responsibly leverage its operating platform and exploration pipeline to build a growing, value-driven gold producer.

YTD Price Performance: 20.82%

Average Trading Volume: 471,662

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$2.44B

For detailed information about WDO stock, go to TipRanks’ Stock Analysis page.