Silver Wheaton’s Q3 2016 Earnings Preview: Elevated Precious Metal Prices To Drive Improvement In Earnings
We expect Silver Wheaton to report a significant improvement in its Q3 earnings, driven by elevated levels of silver and gold prices in the third quarter. Precious metals, which are considered safe-haven assets from an investment point of view, saw a significant surge in their prices in the third quarter, as a result of the uncertainty caused by the outcome of the UK’s June 23 EU referendum and global economic weakness. Precious metal prices have declined somewhat in Q4 in anticipation of a potential interest rate hike by the Fed in December, which could negatively impact the company’s results going forward. However, the favorable pricing environment over the course of Q3 will be reflected in Silver Wheaton’s results, as illustrated by the tables shown below:
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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