Wheaton will have lots of $$ to buy a Genm stream !!! Wheaton Precious Metals generates over $1 billion in revenue, boosts dividend. ( Kitco news )
Wheaton Precious Metals, the world's premier precious metals streaming company, reported Thursday that the company’s revenue was $1,096 million in the year ended December 31, 2020, representing a 27% increase from 2019 due primarily to a 28% increase in the average realized gold equivalent price.
Average cash costs in 2020 were $425 per gold equivalent ounce as compared to $411 in 2019. This resulted in a cash operating margin of $1,323 per gold equivalent ounce sold, an increase of 38% as compared with 2019.