Wheaton Precious Metals Corp T.WPM

Alternate Symbol(s): WPM

Metals & Mining Gold

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.

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Wheaton Precious Metals Corp

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Post by MrDales62on May 04, 2023 5:17pm

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Post# 35431276

Earnings out,

Not to bad.

Solid Financial Results and Strong Balance Sheet

First quarter of 2023: $214 million in revenue, $135 million in operating cash flow, $111 million in net earnings and $104 million in adjusted net earnings1
A cash balance of $800 million and no debt as at March 31, 2023
Undrawn $2 billion revolving credit facility with a July 18, 2027 maturity date
Declared a quarterly dividend1 of $0.15 per common share