FY17 results were characterised by a record level of gold sales and of dividend payouts to shareholders. Overall, production attributable to Wheaton Precious Metals (WPM) in FY17 was 28.6Moz Ag and 355koz Au cf guidance of 28Moz Ag and 340koz Au and our prior forecast of 28.5Moz Ag and 343koz Au. Results for Q4 were notable for the close correlation of production and sales, demonstrating the traditional ‘flush through’ effect in the final quarter of the year. Financial results were similarly...
​We maintain our rating on Wheaton Precious Metals, given its portfolio of diversified, high-quality, low-cost and long-life assets, exploration potential and production upside. In our view, the company remains well positioned to execute more streaming deals. However, the ongoing CRA dispute remains a source of uncertainty for the company.
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.