Report

Wheaton Precious Metals - Palladium ex machina

On 16 July, Wheaton Precious Metals (WPM) announced it had entered into an agreement with Sibanye to acquire 100% of the gold production plus a percentage of the palladium production from the Stillwater and East Boulder mines for an upfront cash consideration of US$500m. On an underlying basis, we expect the transaction to add 4.0c (or c 5.0%) to WPM’s basic EPS per year over the 10 years from FY21 to FY30.
Underlying
Wheaton Precious Metals Corp

Wheaton Precious Metals is engaged in the silver mining business.

Provider
Edison Investment Research
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
Charles Gibson

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