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Wesdome Gold Mines (TSE:WDO)
TSX:WDO
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.43Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: 8.64%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong start to the fiscal year with record-breaking production and financial performance. Strategic efforts in safety, exploration, and financial management were emphasized. However, operational challenges, particularly equipment availability and transition issues, were noted as areas for improvement.Company Guidance
During the first quarter of 2025, Wesdome Gold Mines reported strong financial and operational results, with key metrics showing significant improvements. The company produced nearly 46,000 ounces of gold, marking a 37% increase over the same period in 2024. Financially, revenue grew by 86% year-over-year to C$198 million, bolstered by a 38% rise in the average realized gold price per ounce. The company's net income soared to over C$62 million, or C$0.42 per share, and EBITDA almost tripled to C$120 million. Additionally, free cash flow increased to C$48 million, contributing to a robust liquidity position of C$318 million, which includes C$168 million in cash and a fully undrawn C$150 million revolver. The company emphasized strategic priorities, including a fill-the-mill strategy and the acquisition of Angus Gold, which aims to enhance its regional exploration pipeline and consolidate land positions around Eagle River. The company maintained its guidance for 2025, projecting a back-end loaded production year as new mining fronts and the Presqu’île ramp at Kiena advance.Record Production and Financial Performance
The company achieved a strong gold production of nearly 46,000 ounces, a 37% increase over the same quarter in 2024. Revenue increased 86% year-over-year to C$198 million, driven by significantly higher production and a 38% increase in the average realized gold price per ounce sold. Net income increased almost five times over the prior year to over C$62 million.
Improvements in Health and Safety
The total recordable incident frequency rate reached its lowest level in more than four years, demonstrating successful efforts in building a safety culture.
Strategic Acquisition to Enhance Exploration
The acquisition of Angus Gold is expected to close by the end of June, quadrupling the prospective land positions around Eagle River to roughly 400 square kilometers.
Strong Financial Position
The company increased its liquidity to C$318 million, with C$168 million in cash and C$150 million of undrawn capacity on its revolver. The balance sheet is clean with zero debt.
TSE:WDO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:WDO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | C$16.78 | C$16.42 | -2.15% |
Mar 19, 2025 | C$16.13 | C$15.80 | -2.05% |
Nov 06, 2024 | C$11.87 | C$12.73 | +7.25% |
Aug 14, 2024 | C$14.22 | C$13.51 | -4.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Wesdome Gold Mines (TSE:WDO) report earnings?
Wesdome Gold Mines (TSE:WDO) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Wesdome Gold Mines (TSE:WDO) earnings time?
Wesdome Gold Mines (TSE:WDO) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:WDO EPS forecast?
TSE:WDO EPS forecast for the fiscal quarter 2025 (Q2) is 0.43.