Wesdome Gold Mines (TSE:WDO) Posts Quarterly Earnings Results

Posted by Stanley Muller on Aug 13th, 2026

Wesdome Gold Mines (TSE:WDO – Get Free Report) announced its quarterly earnings data on Thursday. The company reported C$0.65 EPS for the quarter, FiscalAI reports. The firm had revenue of C$266.76 million during the quarter. Wesdome Gold Mines had a net margin of 39.54% and a return on equity of 46.09%.

Wesdome Gold Mines Price Performance

TSE:WDO traded down C$1.01 during trading hours on Thursday, reaching C$32.68. 443,005 shares of the company traded hands, compared to its average volume of 814,155. The company has a debt-to-equity ratio of 0.31, a current ratio of 6.03 and a quick ratio of 0.37. The firm’s 50-day moving average is C$26.56 and its 200-day moving average is C$25.89. The stock has a market cap of C$4.85 billion, a P/E ratio of 12.19 and a beta of 1.33. Wesdome Gold Mines has a 1-year low of C$15.94 and a 1-year high of C$35.35.

Insider Buying and Selling

In related news, insider Rajbir Gill acquired 1,047 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average price of C$24.02 per share, with a total value of C$25,148.94. Following the completion of the purchase, the insider directly owned 24,669 shares in the company, valued at approximately C$592,549.38. The trade was a 4.43% increase in their ownership of the stock. Also, insider Robert Kallio sold 3,348 shares of Wesdome Gold Mines stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of C$23.89, for a total value of C$79,983.72. Following the sale, the insider owned 2,000 shares of the company’s stock, valued at approximately C$47,780. This represents a 62.60% decrease in their position. Insiders have sold 17,433 shares of company stock valued at $423,454 over the last three months. Insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WDO. National Bank Financial raised shares of Wesdome Gold Mines from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$34.00 to C$37.00 in a report on Friday, July 3rd. Canadian Imperial Bank of Commerce raised Wesdome Gold Mines from a “neutral” rating to an “outperformer” rating and boosted their price target for the stock from C$31.00 to C$32.00 in a research note on Friday, July 17th. Canaccord Genuity Group raised Wesdome Gold Mines from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$30.00 to C$31.00 in a report on Monday, June 1st. Desjardins boosted their target price on Wesdome Gold Mines from C$32.00 to C$34.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Stifel Nicolaus upgraded Wesdome Gold Mines to a “strong-buy” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$31.57.

View Our Latest Report on Wesdome Gold Mines

About Wesdome Gold Mines

(Get Free Report)

Wesdome is a Canadian-focused gold producer with two high-grade underground assets, Eagle River in Northern Ontario and Kiena in Val-d’Or, Québec. The Company’s primary goal is to responsibly leverage its operating platform and high-quality brownfield and greenfield exploration pipeline to build a value-driven mid-tier gold producer.

Earnings History for Wesdome Gold Mines (TSE:WDO)

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