The earnings call highlighted strong financial performance and operational success at Eagle River, alongside significant cash generation and exploration potential. However, challenges at Kiena, including labor issues and potential permit delays, present ongoing concerns. Despite these lowlights, the company's proactive measures and financial strength suggest a cautious optimism moving forward.

Company Guidance

During the conference call on November 5, 2025, Wesdome Gold Mines provided guidance highlighting a strong financial performance in the third quarter. The company reported record revenues of $230 million, a 57% increase from the previous year, and net income more than doubled to $87 million, or $0.58 per share. EBITDA grew by 77% to $150 million, and free cash flow increased 2.5 times to $79 million, or $0.52 per share. The call emphasized that Wesdome's cash balance rose to $266 million, with total liquidity exceeding $600 million. For 2025, Wesdome is comfortable with achieving the mid- to upper end of its new production guidance of 177,000 to 193,000 ounces, with Eagle River expected to finish near the top of its production guidance and Kiena projected to produce between 72,000 and 78,000 ounces. The company noted a 7% increase in cash costs year-over-year to USD 944 per ounce, while the all-in sustaining cost (AISC) remained stable at USD 1,419 per ounce. The call also addressed ongoing challenges and improvements at Kiena, including operational redundancy measures and development progress in various zones, with an emphasis on maintaining transparency and strengthening operational risk management.

Record-Breaking Financial Performance

The company achieved record revenues, net income, EBITDA, net cash from operating activities, and free cash flow, with revenues increasing by 57% to $230 million and net income more than doubling to $87 million.

Strong Performance at Eagle River

Eagle River mine projected to have the highest annual production in its 30-year history, with significant improvements in cost structure, achieving AISC of USD 1,203 per ounce, a 29% reduction year-over-year.

Improvement Initiatives at Kiena

Despite challenges, Kiena mine is operating in three mining horizons, providing operational flexibility, and had its best month of the year in October with over 9,500 ounces produced.

Strong Cash Position

Cash balance increased to $266 million, and total liquidity exceeds $600 million, providing significant financial flexibility.

Exploration Success

Positive drilling results in various zones, with significant potential for future resource growth and new discoveries at both Eagle River and Kiena.

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
Mar 17, 2026	2025 (Q4)	0.70 / -	0.38	―	―	―
Nov 04, 2025	2025 (Q3)	0.57 / 0.58	0.26	123.08% (+0.32)	―	―
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)	―	―

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
Nov 04, 2025	C$19.91	C$19.93	+0.10%
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%

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 Mar 17, 2026, After Close (Confirmed).

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

Wesdome Gold Mines (TSE:WDO) earnings time is at Mar 17, 2026, 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 (Q4) is 0.7.

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