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Wesdome Gold Mines Hits Production Record, Clears Debt

Wesdome Gold Mines Hits Production Record, Clears Debt

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

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Wesdome Gold Mines Ltd. has achieved a record-breaking consolidated production output in Q2 2024, with a significant increase in output at Kiena due to high-grade ore processing, positioning the company on track to meet its annual production guidance. Additionally, the company has strengthened its financial standing by repaying the remaining $29 million on its revolving credit facility, rendering Wesdome debt-free and geared towards sustainable growth.

For further insights into TSE:WDO stock, check out TipRanks’ Stock Analysis page.

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