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Wesdome Gold Mines Soars with Strong Q2 Financials

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Wesdome Gold Mines Soars with Strong Q2 Financials

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

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Wesdome Gold Mines Ltd. has released their financial results for the second quarter of 2024, showcasing a significant increase in net income to $29.1 million and robust free cash flow of $28.4 million, attributed to higher production and gold prices. The company also highlighted the repayment of its revolving credit facility, signaling a strong financial position with a debt-free balance sheet.

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

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