Wesdome Gold Mines Ltd WDOFF

Primary Symbol: T.WDO

Metals & Mining Gold

Wesdome Gold Mines Ltd. is a Canada-based gold producer with two high grade underground assets, the Eagle River mine in Ontario and Kiena mine in Quebec. The Company has an exploration program both underground and on the surface within the mine area and more regionally at both the Eagle River and Kiena Complex. The Eagle River Underground Mine is located approximately 50 kilometers west of Wawa, Ontario. The Eagle River Underground Mine in Wawa, Ontario is producing gold at a rate of 92,000-105,000 ounces per year. The Kiena Mine is located in the prospective Val d’Or, Quebec gold camp. The Kiena Complex is a fully permitted former mine with a 930-metre shaft and 2,000 tons-per-day mill. The Company also retains exposure to the Moss Lake gold deposit, located approximately 100 kilometers west of Thunder Bay, Ontario through its equity position in Goldshore Resources Inc.

TSX:WDO - Post by User

Wesdome Gold Mines Ltd > why the bid miss?

<< Previous

Bullboard Posts

Next >>

Comment by HoneyBadger77on Mar 13, 2024 3:51pm

91 Views

Post# 35931232

RE:RE:RE:why the bid miss?

Not sure what you mean by such a big miss / difference in analyst estimates from actual earnings?

According to RBC Direct Investing, 2023 Q4 consensus was for a .01 cent net loss and they came in at a .02 cents net gain. Not sure why this RBC info indicates that earnings were reported on Jan 15th, 2024 but that's what it says.