Wesdome’s Q1 results beat expectations, driving a 3.1% positive stock reaction, supported by record revenue, strong production, and robust free cash flow that enabled continued share repurchases.

• Revenue reached a record $300 million, supported by sustained solid production and strong gold prices.
• Net income hit $119 million, or $0.79 per share, marking a continuation of sequential financial growth.
• EBITDA totaled $212 million, reflecting efficient operational execution.
• Operating cash flow was $162 million, with free cash flow at a record $126 million, representing 42% of revenue.
• The company repurchased nearly $50 million in shares, with a second tranche approved, signaling confidence in the business outlook.