Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the non-core precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal. Wheaton currently has streaming agreements for 20 operating mines and 9 development stage projects. The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and a silver stream on Newmont’s Peñasquito mine.
Wheaton’s vision is to be the world’s premier precious metals investment vehicle and to deliver value through streaming to all of their stakeholders.
Wheaton is listed on the TSX (WPM.CA), the NYSE (WPM) and listed on the London Stock Exchange (WPM) in October 2020.
Randy Smallwood (President & CEO)
Involved in the founding of Wheaton Precious Metals. Appointed President In January 2010, and CEO in April 2011.
Douglas Holtby (Chairman)
President & CEO of Holtby Capital Corp, a private investment company. Previously Director of Goldcorp from 2005-2016
Other Directors: George Brack, John Brough, R. Peter Gillin, Chantal Gosselin, Glenn Ives, Charles Jeannes, Eduardo Luna, Marilyn Schonberner
WHEATON PRECIOUS METALS ANNOUNCES RECORD REVENUE FOR THE FIRST QUARTER OF 2021 “Wheaton’s first quarter results illustrate the strength and …
Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) is pleased to announce that its Board of Directors has declared its …
WHEATON PRECIOUS METALS ANNOUNCES RECORD REVENUE AND OPERATING CASH FLOW FOR 2020 “Our strong performance in 2020 was driven by …
We recently organised a webinar between Wheaton Precious Metals (LON: WPM) and professional investors. A recording of the presentation below. …
Wheaton Precious Metals Exceeds 2020 Production Guidance Midpoint and Provides 2021 and Long Term Outlook “The benefits and value of …
Wheaton Precious Metals™ Corp. (“Wheaton” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International …
| P&L | 31 Dec 2020 US$~000 | 31 Dec 2019 US$~000 |
|---|---|---|
| Revenue | 1,096,224 | 861,332 |
| Total Cost of Sales | (510,652) | (515,385) |
| Gross Margin | 585,572 | 345,947 |
| Net Earnings | 507,804 | 86,138 |
| Balance Sheet | 31 Dec 2020 US$~000 | 31 Dec 2019 US$~000 |
|---|---|---|
| Cash & Cash Equivalents | 192,683 | 103,986 |
| Mineral Stream Investments | 5,488,391 | 5,734,106 |
| Bank Debt | 195,000 | 874,500 |
| Total Assets | 5,957,272 | 6,278,007 |
Directors
Other
Guardian (1st Feb 2021): Silver hits $30 for first time since 2013
“Silver has continued to surge, and briefly traded over the $30 per ounce mark as today’s sharp rally continues. That’s silver’s highest level since February 2013, up over 10% today, amid the scramble for silver coins and bars and talk that silver could be the next squeeze.
“Canada’s Wheaton Precious Metals (WPM) has announced plans to list on the London Stock Exchange (LSE.L) as demand for precious metals from investors has been surging amid turbulence in equity markets of late. Wheaton, one of the world’s largest companies involved in buying gold and silver, has a market capitalisation of about $23bn (£17.6bn), and is listed in Toronto and New York. On those indices, its shares have risen more than 70% this year.”
www.BIV.com (Dec 2020): Top B.C. miner winning with silver linings playbook
“Earlier this year, Wheaton Precious Metals (TSX,NYSE,LSE: WPM) had a bigger market cap than Telus (TWSX:T), which is typically B.C.’s largest or second largest publicly traded company. A gold and silver bull run had spiked the Vancouver company’s share price to $75 on July 27, pushing its market cap slightly above Telus’ $32 billion.”
Edison (Nov 2020): “Wheaton Precious Metals – Continuing to beat expectations”
Wheaton’s Q3 performance was characterised by a strong recovery in silver production coupled with a materially higher silver price to result in a record operating cash flow (of US$228.1m, or US$0.508/share), revenue and sales volumes in the first nine months of the year. One notable feature of the quarter was the absence of any inventory build among WPM’s gold assets, which contributed to revenues being 9.9% above our forecasts for the quarter, although this was partially offset by costs to result in basic EPS that were 5.0% ahead of our expectations.
