RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%
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Wesdome Gold (TSX: WDO) turns profitable in Q1 2024 as revenue jumps 32% amid higher production, gold prices
Image source: © Bashta | Megapixl.com
Highlights
Wesdome Gold Mines Ltd. (TSX: WDO) operates as a gold producer, focusing on various mining activities such as exploration, processing, and reclamation. The company primarily operates within Canada, with its main production hub, the Eagle River Complex in Ontario.
The company showcased strong financial performance in the first quarter of 2024, marked by notable increases in revenue and net income. Despite facing challenges, it achieved higher production and sales volumes, highlighting a significant positive aspect.
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