Company Of The Day: Wheaton Precious Metals

-32.15%
Downside
59.59
Market
40.43
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. Up 9% This Year, Will Wheaton Stock Rally Further After Q1 Results?
  2. Down 8% From Highs Seen In December 2023, Will Wheaton Stock Gain Following Q4 Results?
  3. Up 23% This Year, Will Wheaton Precious Metals Stock Continue To See Gains?
  4. What To Expect From Wheaton Precious Metals Q2 2023 Results?
  5. What To Expect From Wheaton’s Q1 Results?
  6. With Production Set To Pick Up, Is Wheaton Stock A Buy?

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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