Wheaton Precious Metals Corp Common Shares (Canada) (WPM)

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) has been named to Corporate Knights’ 2025 Global 100 Most Sustainable Corporations list, reflecting its commitment to environmental, social, and governance (“ESG”) excellence. The recognition highlights Wheaton’s sustainable revenue generation, its collaboration with responsible mining partners, and high scores in key performance indicators like board diversity, pay equity, and sustainability-linked compensation. President and CEO Randy Smallwood underscored Wheaton’s efforts to advance ESG initiatives, including the 2024 launch of its Future of Mining Challenge, which invites cleantech innovators to develop solutions for improving mining efficiency and environmental impact, with a $1 million prize to be awarded at the PDAC Convention in Toronto.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) announced that Chief Financial Officer Gary Brown will step down on March 31, 2025, after nearly 17 years of service. Vincent Lau, currently Vice President of Finance, will succeed Brown as CFO and join the senior leadership team. Brown’s tenure has been marked by significant contributions to Wheaton’s financial growth, strategic direction, and risk management. CEO Randy Smallwood praised Brown for his role in establishing Wheaton as an industry leader. Lau, who has been with the company for 13 years, brings extensive experience in corporate finance and risk management, along with CPA and CFA designations.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) achieved record cash flow in Q3 2024, highlighting the company’s strong financial performance with $308 million in revenue, $254 million in operating cash flow, and $155 million in net earnings. Wheaton’s portfolio of 18 operating mines and 28 development projects, bolstered by new streaming agreements on the Koné Gold Project in Côte d’Ivoire and an amended agreement on the Fenix Project, continues to deliver robust production levels, supporting the company’s 2024 production guidance of 550,000 to 620,000 gold equivalent ounces (GEOs). CEO Randy Smallwood emphasized the value of Wheaton’s sustainable growth strategy, including anticipated production increases from new projects in the coming year, and sustainability leadership through the launch of the Future of Mining Challenge.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) achieved record cash flow in Q3 2024, highlighting the company’s strong financial performance with $308 million in revenue, $254 million in operating cash flow, and $155 million in net earnings. Wheaton’s portfolio of 18 operating mines and 28 development projects, bolstered by new streaming agreements on the Koné Gold Project in Côte d’Ivoire and an amended agreement on the Fenix Project, continues to deliver robust production levels, supporting the company’s 2024 production guidance of 550,000 to 620,000 gold equivalent ounces (GEOs). CEO Randy Smallwood emphasized the value of Wheaton’s sustainable growth strategy, including anticipated production increases from new projects in the coming year, and sustainability leadership through the launch of the Future of Mining Challenge.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) achieved record cash flow in Q3 2024, highlighting the company’s strong financial performance with $308 million in revenue, $254 million in operating cash flow, and $155 million in net earnings. Wheaton’s portfolio of 18 operating mines and 28 development projects, bolstered by new streaming agreements on the Koné Gold Project in Côte d’Ivoire and an amended agreement on the Fenix Project, continues to deliver robust production levels, supporting the company’s 2024 production guidance of 550,000 to 620,000 gold equivalent ounces (GEOs). CEO Randy Smallwood emphasized the value of Wheaton’s sustainable growth strategy, including anticipated production increases from new projects in the coming year, and sustainability leadership through the launch of the Future of Mining Challenge.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) announced that it will release its 2024 third quarter results after market close on Nov. 7, 2024. A conference call discussing the results will be held at 11 a.m. ET on Friday, Nov. 8, 2024. Interested parties should visit RapidConnect or link here to register for and access the webcast and dial 1-888-510-2154 or 1-437-900-0527 and enter conference ID 48142 to join the live call. The accompanying slideshow will also be available in PDF format on the Presentations page of the Wheaton Precious Metals website before the call. An archive of the recorded call will be available until Nov. 15, 2024, as detailed in the announcement.

Silver has soared about 30% in the last year but remains more affordable for most investors than gold; mining companies offer a way to gain indirect exposure.

Wheaton Precious Metals Corp. (Canada) (NYSEWPM), the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets, is reporting on its first-quarter 2024 results. Highlights of the report show Q1 2024 revenue of $297 million in revenue along with $219 million in operating cash flow, $164 million in net earnings and $164 million in adjusted net earnings; the company also declared a quarterly dividend $0.155 per common share. In addition, the company has no debt and reported a cash balance of $306 million and an undrawn $2 billion revolving credit facility at the end of the quarter, the period ending March 31, 2024. The report noted that Wheaton has streaming and royalty agreements on 18 operating mines and 27 development projects, with 93% of attributable production from assets in the lowest half of its respective cost curves. The company reported attributable gold equivalent production reaching 160,100 ounces in the first quarter of 2024, a 19% increase to the comparable period from 2023; the company is also projecting annual production of more than 800,000 gold equivalent ounces (“GEOs”) by 2028, growing to more than 850,000 GEOs in 2029 through 2033. “Wheaton delivered a robust quarter to start the year, generating over $219 million in operating cash flows, and underscoring the effectiveness of our business model in leveraging rising commodity prices while maintaining strong cash operating margins,” said Wheaton Precious Metals president and CEO Randy Smallwood in the press release. ”Looking ahead, we continue to forecast peer-leading production growth of 40% by 2028, buoyed by several development projects in our portfolio, many of which achieved significant milestones during the quarter. Building on the momentum from a record eight acquisitions in 2023, our corporate development team remains actively engaged in evaluating new opportunities and as always, Wheaton remains committed to ensuring that our growth is both accretive and sustainable for all stakeholders. We believe that strong commodity price trends and our sector leading growth profile provide Wheaton shareholders with one of the best vehicles for investing into the gold and precious metals space.”

Wheaton Precious Metals Corp. (NYSEWPM) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 1.94% on the day to $53.64.

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NetworkNewsWire Editorial Coverage : In uncertain economic times, stability is a rare commodity. Historically, one of the most stable spaces during fragile economies is gold, a highly liquid asset that carries no credit risk and preserves its value over time. The precious metal also benefits from diverse sources of demand: as an investment, a reserve asset, gold jewelry , or a technology component. These attributes mean gold can enhance a portfolio in three ways: delivering long-term returns, improving diversification and providing liquidity. Many gold mining companies, including GEMXX Corp. (OTC: GEMZ) ( Profile ) , are seeing significant growth and success during the recent volatile economy. Quickly graduating past startup phase and seeing global growth in mere months, GEMXX is now eyeing vertical integration — a noteworthy differentiator in the gold sector. In addition to gold, the company mines ammolite, a gemstone similar to black opal. With colored gems sparking a hot jewelry trend, this added offering distinguishes GEMXX from many in the gold space. Other mining companies seeing notable success in the gold sector include Wheaton Precious Metals Corp. (NYSEWPM) ; McEwen Mining Inc. NYSE: MUXNYSEMUX)(NYSE: GFINYSEGFI …

EQNX::TICKER_START (OTCPK:GEMZ),(NYSEWPM),NYSE:MUXNYSEMUX)(NYSE:GFINYSEGFI EQNX::TICKER_END

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Palm Beach, FL – June 29, 2021 – Despite its recent slowdown, many analysts still see many reasons while Gold with not only stabilize but that it will indeed continue to rise. After falling below $1200 per ounce in 2018, gold rebounded sharply over the following 12 months, and a significant bullish trend began. Its yield increased by almost 20%, whereas its quotes went up to $1,556 per ounce. The rally continued in 2020. The COVID-19 pandemic increased the popularity of the precious metal as a hedging instrument, which has led to an increase in its price.  Western investors’ interest in gold led to an increase in its rate from a minimum of $1160 in the summer of 2018 to a record high of almost $2,073 per ounce. During this time, the precious metal has become one of the most attractive financial assets on the planet. This year, the economic fallout from the pandemic and negative bond yields have driven a record $60 billion in gold ETF capital growth. This is twice as much as in 2009, at the height of the financial crisis.     Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD), Barrick Gold Corporation (NYSEGOLD) (TSX: ABX), Hecla Mining Company NYSE: HLNYSEHL)(NYSE: WPMNYSEWPM (TSX: WPM), Franco-Nevada Corporation (NYSE: FNVNYSE) (TSX: FNV).

Palm Beach, FL – May 25, 2021-  Many investors turn to gold during times of global crisis, and that is exactly what has happened this last year, during the pandemic. But experts say that smart investors should be looking at silver. A report from the Silver Institute (in collaboration with industry insider Metals Focus) says that silver will outshine gold as demand hits 8-year high in 2021. An article in Reuters discussing the subject said that the global demand for silver will rise to 1.025 billion ounces in 2021, its highest in eight years, as investors and industry ramp up purchases, the Silver Institute said on Wednesday, predicting that prices would rise.  The article reported that: “The coronavirus outbreak triggered a rush among investors to stockpile silver, which like gold is traditionally seen as a safe place to store money. That impetus will continue, the institute said, predicting purchases of bars and coins would rise to a six-year high of 257 million ounces in 2021.”  It did not give a forecast for exchange traded funds (ETFs) storing silver bars for larger investors, but these have grown strongly so far this year, helping push prices to an eight year high of $30.03 an ounce on Feb. 1.     Active mining stocks mentioned in today’s commentary include:  Ridgestone Mining Inc. (OTCQB: RIGMF) (TSX-V: RMI Wheaton Precious Metals Corp. (NYSEWPM) (TSX:WPM), Barrick Gold Corporation NYSE: GOLDNYSEGOLD)(NYSE:NEMNYSENEM (TSX:NGT), Franco-Nevada Corporation (NYSE:FNVNYSE) (TSX: FNV).