Company Of The Day: Wheaton Precious Metals

-3.33%
Downside
44.13
Market
42.66
Trefis
WPM: Wheaton Precious Metals logo
WPM
Wheaton Precious Metals

What?

Wheaton Precious Metals (NYSE:WPM) saw its revenues surge by 33% year-over-year to $330 million during Q2 2021, with EPS coming in at about $0.37, compared to $0.24 in the same quarter last year. While revenues were ahead of analysts’ estimates, earnings fell slightly short.

Why?

Relevant Articles
  1. What To Expect From Wheaton’s Q1 Results?
  2. With Production Set To Pick Up, Is Wheaton Stock A Buy?
  3. With Gold Prices Recovering, Is Wheaton Stock A Buy?
  4. With Gold Prices And Production On The Decline, What’s Next For Wheaton Stock?
  5. Is Wheaton Stock A Safe Haven In A Tough Market?
  6. Why Wheaton Precious Metals Stock Lost 20% In Value?

The growth was driven by higher gold and silver production. The company’s average price realizations on gold also jumped 24% compared to last year.

So What?

Wheaton stock rose by about 3.5% in Friday’s trading.

See Our Complete Analysis For Wheaton Precious Metals

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