Wesdome Announces Third Quarter 2026 Production Results; 2026 Production Guidance Maintained - Investing News Network

AI desk brief

Wesdome said Q3 2026 production came in modestly below expectations but left full-year guidance unchanged at 180,000-205,000 oz, with results expected below the midpoint. Management flagged Q4 as the strongest quarter of the year on higher throughput and ounces at Eagle River, continued ramp-up at Presqu’île, and operational improvements at Kiena Deep.

Eagle River set a new quarterly throughput record with ore milled up 12% YoY, while Kiena ore milled rose 27% YoY despite maintenance downtime. The company ended Q3 with about C$377 million in cash, remains debt-free, and has repurchased 7.8 million shares for roughly C$190 million since November 2025 at an average C$24.44/share.