Wesdome Gold Mines Non-GAAP EPS of C$0.65, revenue of C$266.76M; updates FY 2026 outlook

Wesdome Gold Mines reported strong Q2 2026 results, with non-GAAP EPS of C$0.65 and revenue rising 27.9% year over year to C$266.76 million. EBITDA increased to C$170 million, and gold production was up 2% versus last year. Operationally, safety improved materially, with the High Potential Incident Frequency Rate falling 69% year over year to 0.67. Despite the solid top-line and profitability performance, costs moved higher: cash costs per ounce rose 45% to US$1,342 and AISC increased 15% to US$1,763 per ounce. The company reaffirmed its full-year 2026 production and cost guidance, signaling confidence in execution. The market takeaway is mixed to positive: stronger revenue, EBITDA, and safety metrics support the stock, but higher unit costs may limit enthusiasm.