Wesdome Q2 FY26 net income rises 14% to C$94 million; revenue increases 28% to C$267 million
Reuters2026/08/13 22:16Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Wesdome posts Q2 net income of $94 million, or $0.64 a share, up $11.3 million year over year.
- Revenue climbed 28% to $267 million; EBITDA rose 23% to $170 million.
- Cash costs jumped 45% to US$1,342 per ounce sold; AISC increased 15% to US$1,763 per ounce sold.
- Gold production edged up 2% to 43,824 ounces; June 30 liquidity totaled $746 million, including $391 million cash.
- Reaffirmed 2026 output guidance of 180,000-205,000 ounces; new Kiena ramp reached surface, enabling ventilation expansion expected to double capacity.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wesdome Gold Mines Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608131815NEWSFILECNPR____20260813_309589_1) on August 13, 2026, and is solely responsible for the information contained therein.
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