Silver Wheaton Q1 2016 Earnings Review: Decline In Silver And Gold Prices Adversely Affects Results
Silver Wheaton’s Q1 earnings were negatively impacted by a decline in precious metal prices between the first quarter of last year and the corresponding period this year. Expectations of an interest rate hike by the Fed weighed on the investment demand for gold and silver, negatively impacting prices. Furthermore, slowing economic growth in China negatively impacted the industrial demand for silver, further affecting prices of the metal. However, a steep increase in gold and silver shipments offset the impact of weak pricing on Silver Wheaton’s top line in Q1.
Have more questions about Silver Wheaton? See the links below.
- What Is Silver Wheaton’s Revenue And EBITDA Breakdown?
- What Is Silver Wheaton’s Fundamental Value Based On Expected 2015 Results?
- How Has Silver Wheaton’s Revenue Composition Changed Over The Last 4 Years?
- By What Percentage Did Silver Wheaton’s Revenue & EBITDA Decline In The Last 4 Years?
- By What Percentage Can Silver Wheaton’s Revenue & EBITDA Grow In The Next 3 Years?
- By What Percentage Will Silver Wheaton’s Silver Equivalent Production Increase If Production Commences At The Pascua-Lama Mine?
- How Will Silver Wheaton’s Revenue Composition Change Over The Next 5 Years?
- How Do Silver Wheaton’s Margins Compare With Those Of Traditional Precious Metal Mining Companies?
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