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 ( (TSE:WDO) ) has provided an update.
Wesdome Gold Mines Ltd has announced a record annual gold production of 172,034 ounces for 2024, marking a 39% increase from the previous year. The company expects to continue its growth trajectory with projections for 2025 production between 190,000 and 210,000 ounces. This increase is attributed to enhanced operations at the high-grade Kiena Deep Zone and the addition of new ore sources. The company’s focus on operational efficiency and safety is expected to sustain its low-cost production advantage, reinforcing its market positioning as a leading Canadian gold producer.
More about Wesdome Gold Mines
Wesdome Gold Mines Ltd is a Canadian company operating in the mining industry, focusing on the production of gold. The company operates primarily in Ontario and Quebec, and is recognized for its high-quality, low-cost gold production. Wesdome is committed to responsible mining practices and operational excellence.
YTD Price Performance: -4.46%
Average Trading Volume: 424,001
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$1.98B
See more data about WDO stock on TipRanks’ Stock Analysis page.
