The earnings call presented a mixed picture with record financial performance and strong results from Eagle River, contrasted by significant operational challenges at Kiena, including equipment availability and increased production costs. Despite these setbacks, strategic initiatives such as the acquisition of Angus Gold and increased financial liquidity present opportunities for future growth.

Company Guidance

During the Wesdome Gold Mines conference call on August 13, 2025, the company presented its updated guidance for the fiscal year, highlighting key metrics and operational insights. Wesdome reported strong performance at Eagle River, raising its production guidance to a top end of 115,000 ounces and tightening grade guidance to between 14 and 15 grams per tonne, with improved all-in sustaining costs per ounce due to ongoing cost optimization. Conversely, Kiena faced challenges related to equipment availability and a reliance on a single mining horizon, prompting a revised production target of 80,000 to 90,000 ounces in 2025. The company is undertaking significant projects at Kiena, including increasing active mining zones, enhancing ventilation by 100% at Kiena Deep by 2026, and developing an exploration ramp to improve operational flexibility. Financial highlights include a record $53 million in free cash flow for the quarter, positioning Wesdome with over $500 million in liquidity and a strengthened financial outlook. The company also announced the acquisition of Angus Gold, expanding its land position at Eagle River to 400 square kilometers, and emphasized a $50 million investment in exploration this year to drive future growth.

Record Financial Performance

The second quarter set new records across revenue, EBITDA, cash margin, net income, and free cash flow. Wesdome generated $53 million in free cash flow, more than the entire first half of 2024.

Strong Performance at Eagle River

Eagle River produced approximately 26,000 ounces in Q2, a year-over-year increase of 33%. The grade was above the high end of guidance. Continuous improvement programs are delivering measurable results with cost reductions.

Successful Acquisition and Expansion

Closed the acquisition of Angus Gold, contributing to an increase of the land position at Eagle River to 400 square kilometers, enhancing the 'fill-the-mill' strategy with more exploration targets.

Increased Liquidity and Financial Position

Amended and upsized revolving credit facility to USD 250 million, with total liquidity now over $500 million, positioning Wesdome for strategic growth and shareholder returns.

Wesdome Gold Mines (TSE:WDO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:WDO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.59 / -	0.26	―	―	―
Aug 13, 2025	2025 (Q2)	0.50 / 0.52	0.19	173.68% (+0.33)	―	―
May 13, 2025	2025 (Q1)	0.39 / 0.42	0.07	500.00% (+0.35)	―	―
Mar 19, 2025	2024 (Q4)	0.36 / 0.38	0.02	1800.00% (+0.36)	―	―
Nov 06, 2024	2024 (Q3)	0.23 / 0.26	-0.02	1400.00% (+0.28)	―	―
Aug 14, 2024	2024 (Q2)	0.16 / 0.19	-0.03	733.33% (+0.22)	―	―
May 08, 2024	2024 (Q1)	0.07 / 0.07	0.02	250.00% (+0.05)	―	―
Mar 12, 2024	2023 (Q4)	0.04 / 0.02	-0.02	200.00% (+0.04)	―	―
Nov 08, 2023	2023 (Q3)	-0.02 / -0.02	-0.03	33.33% (<+0.01)	―	―
Aug 10, 2023	2023 (Q2)	<0.01 / -0.03	-0.04	25.00% (+0.01)	―	―

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
Aug 13, 2025	C$17.94	C$16.51	-7.97%
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%

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 Nov 05, 2025, After Close (Confirmed).

What is Wesdome Gold Mines (TSE:WDO) earnings time?

Wesdome Gold Mines (TSE:WDO) earnings time is at Nov 05, 2025, After Close (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 (Q3) is 0.59.

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