Wesdome Gold Mines (WDO) reported Q2 net income of C$94M and free cash flow of C$42M. Management also laid out longer-term plans to expand production capacity, extend mine lives, and pursue further exploration around its Eagle River and Kiena operations. The combination of solid cash generation and growth/minelife initiatives is modestly supportive for the stock.
Wesdome Gold Mines (WDO) reported Q2 net income of C$94M and free cash flow of C$42M. Management also laid out longer-term plans to expand production capacity, extend mine lives, and pursue further exploration around its Eagle River and Kiena operations. The combination of solid cash generation and growth/minelife initiatives is modestly supportive for the stock.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
Ticker Sentiment
