Edison Investment Research - Wheaton Precious Metals Corp (WPM) Wheaton Precious Metals - Results closely in line with prior expectations

Report

Edison Investment Research

Alison Turner

Wheaton Precious Metals - Results closely in line with prior expectations

Wheaton Precious Metals produced 159,852 gold equivalent ounces (GEOs) in Q322, of which it sold 138,824 GEOs, representing a positive variance of 2.8% and a negative variance of 0.7% relative to our prior estimates, respectively. Its adjusted net earnings were US$1.4m, or 1.6%, above our prior forecast at US$93.9m and the fourth quarterly dividend for the year was maintained at US$0.15/share. In the wake of Q3 results we have revised our forecasts for Q422 and FY22 only very fractionally.

08/11/2022 1 EN

Underlying

Wheaton Precious Metals Corp

Wheaton Precious Metals is engaged in the silver mining business.

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CA9628791027 Toronto Stock Exchange Canada

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Alison Turner

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Wheaton Precious Metals - Results closely in line with prior expectations

Wheaton Precious Metals - Record quarterly cash flow

Wheaton Precious Metals - Salobo tasting sweet

Vermilion Compass: Weekly Equity Strategy

Games Workshop Group - A notable acceleration in Q225

Altron - Further margin expansion in H125

Sayona Mining - Catching up with majors

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