Silver Wheaton Q1 2016 Earnings Review: Decline In Silver And Gold Prices Adversely Affects Results

SLW: Wheaton Precious Metals logo
SLW
Wheaton Precious Metals

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.

SLW Q1 Earnings

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Silver Wheaton

 

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