Company Of The Day: Wheaton Precious Metals

by Trefis Team
+38.02%
Upside
39.85
Market
55.00
Trefis
WPM
Wheaton Precious Metals
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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?

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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