- Wheaton Precious Metals reported a 3.7% increase in attributable gold production, totaling 117,526 ounces, surpassing the estimate of 96,652 ounces.
- Silver production rose by 36% year-over-year, reaching 5.74 million ounces.
- Adjusted earnings per share (EPS) were reported at 43.9 cents, up from 36.3 cents year-over-year, closely aligning with the estimate of 43.7 cents.
- The realized price per ounce of silver increased by 32% year-over-year to $31.28, exceeding the estimated price of $30.91.
- Gold sales volume decreased by 24% year-over-year to 87,662 ounces, close to the estimated 86,996 ounces.
- Silver sales volume increased by 36% to 4.31 million ounces.
- Revenue saw a 22% year-over-year increase, amounting to $380.5 million.
- The company has strong market confidence with 13 buy recommendations and only 1 hold, with no sell recommendations.
A look at Wheaton Precious Metals Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Wheaton Precious Metals Corp., a leading company in the precious metals streaming industry, is positioned for a promising long-term outlook based on its Smartkarma Smart Scores. With a strong momentum score of 5, the company appears to be gaining positive traction in the market. Its resilience score of 4 indicates a solid ability to weather various market conditions. Furthermore, Wheaton Precious Metals demonstrates a favorable growth potential with a score of 3, reflecting opportunities for expansion in the future.
Although the company’s value and dividend scores are moderate at 2, indicating room for improvement in these areas, its overall outlook remains optimistic. As Wheaton Precious Metals continues to focus on gold and silver projects and serves customers globally, investors may find its combination of growth prospects, resilience, and momentum appealing for long-term investment opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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