Wesdome Gold Mines (TSE:WDO) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Wesdome Gold Mines has reported solid first quarter production for 2024, with a total of 33,322 ounces of gold produced, marking a notable increase from the previous year’s quarter. The company highlighted strong performance at the Eagle River mine due to high-grade material processing and is preparing for higher production levels in the upcoming quarters. Wesdome also capitalized on the robust gold market by reducing its credit facility debt by $10 million, positioning itself for increased cash flow in the near future.
For further insights into TSE:WDO stock, check out TipRanks’ Stock Analysis page.
