12:08 PM EDT, 07/14/2025 (MT Newswires) -- (Updates shares.)

Wesdome Gold Mines ( WDOFF ) on Monday reported a 3% drop in gold production for the second quarter.

For the three months ended June 30, the company produced 42,781 ounces of gold, compared with 44,035 ounces a year ago. Sales increased 15% to 45,900 ounces from 40,000 ounces.

Wesdome maintained its 2025 gold production guidance range of 190,000 to 210,000 tonnes.

The company said its production remains weighted toward the second half, with the fourth quarter expected to contribute nearly one-third of total annual output.

The company's shares were last seen down $0.63 to $17.56 on the Toronto Stock Exchange.

Price: 17.55, Change: -0.64, Percent Change: -3.52