Why Silver Wheaton’s Business Is More Than Just Silver Streaming
Silver Wheaton, the largest player in the precious metal streaming space, has considerably diversified its business over the years. From primarily being a silver streaming focused company five years ago, Silver Wheaton has considerably increased its portfolio of gold streaming agreements. The signing of several gold streaming deals, particularly the company’s streaming agreement with Vale for gold produced at the Salobo copper mine, has significantly increased Silver Wheaton’s gold production. Silver Wheaton has twice amended its streaming agreement with Vale (including the amendment announced last month), boosting its share of gold production at Salobo from 25% to 75%. As a result of the enhanced gold production from Salobo and other gold streams, the share of gold streaming in the company’s overall revenue is expected to rise to nearly 45% by 2021 from only around 4% in 2011.
Check out our forecasts for gold shipments from the Salobo mine:
- A 3x Expected Rise In Mounjaro Sales Is Likely To Drive Eli Lilly’s Q1
- What Should You Do With Danaher Stock At $250 After Q1 Beat?
- Will A Macau Recovery Drive MGM Stock Higher Following Q1 Results?
- Lockheed Martin Stock Will Likely Remain In Focus After A Stellar Q1
- Up 17% YTD, What To Expect From eBay Q1 Results?
- Rising 21% This Year, What Lies Ahead For Exxon Stock Following Q1 Earnings?
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?
Notes:
See More at Trefis | View Interactive Institutional Research (Powered by Trefis)