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Wheaton Precious Metals Corp T.WPM

Alternate Symbol(s):  WPM

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. It has entered into approximately 38 long-term agreements (30 of which are precious metal purchase agreements (PMPAs), three of which are early deposit PMPAs, and five of which are royalty agreements), with 32 different mining companies, related to precious metals and cobalt relating to 18 mining assets which are operating, 23 which are at various stages of development and four which have been placed into care and maintenance or have been closed, located in 16 countries. Its portfolio includes operating mines, and development projects & other. Its mineral stream interests (gold) include Salobo, Sudbury, Constancia, San Dimas, Stillwater and others. The Company's mineral stream interests (silver) include Penasquito, Antamina, Constancia and others.


TSX:WPM - Post by User

Post by Value2020on Nov 24, 2022 7:29pm
343 Views
Post# 35126655

MJS.V Detailed Fact Sheet for Review

MJS.V Detailed Fact Sheet for Review
  • Mine In Productin Since 2011

  • Mine License exptenedl for 10 years  Till 2031.

  • First Licensed for 5 year till 2016, Second extension 5 year till 2021, Latest extension 10 year till 2031.  No Regional or Regularity Risk.

  • Mine life till 2043 (21 More Years) so 1 more extension will be needed. History shows this will be routine.

  • Governmental Safety Inspections completed in August 12, 2021. No remaining risk.

  • Total cash costs are $654/ounce.  Gold trading at $1755/ounce

Market Cap:      88.63 Million
Cash Position: 43.30 Million
Total Debt: 0


2022 Net Income 6 months: 11.30 Million

The financial summary for most recent quarters:
June 30, 2022
Revenue:                 $16,438,676 
Net income (loss): $5,844,799  
Income per share:   0.01 

March 31, 2022
Revenue:                 $16,966,985  
Net income (loss): $5,417,860 
Income per share:   0.01 

Shandong Mining trading at 25 times Net Income. Majestic Market Cap Calculation as per Peers
  • Majestic first 6 months net income: 11.3 Million
  • 12 Month projected Net Income: 23.0 Million
  • 23 Million x 25 times multiple = 575 Million

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