Wheaton Precious Metals Corp

Wheaton Precious Metals Corp

WPM

Market Cap$30.62B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Wheaton Precious Metals CorpWheaton Precious Metals Corp50.20.92%8%34.4-

Earnings Call Q3 2024

November 8, 2024 - AI Summary

**Record Operating Cash Flows and Revenue Growth**: Wheaton Precious Metals reported record quarterly operating cash flows of $254 million in Q3 2024, reflecting a 50% increase year-over-year. Revenue surged 38% to $308 million, driven by strong commodity prices, with gold contributing 61% and silver 37% of total revenue.
**Production and Guidance**: The company produced approximately 450,000 gold equivalent ounces (GEOs) year-to-date and is on track to meet its 2024 production guidance of 550,000 to 620,000 GEOs. Medium-term forecasts indicate a potential 40% increase in production, surpassing 800,000 GEOs by 2028 due to growth from key assets like Salobo and Antamina.
**Strategic Acquisitions**: Shortly after Q3, Wheaton announced significant streaming agreements, including a $625 million gold stream with Montage's Kona project and an expansion of the existing stream on Rio2’s Phoenix project. These transactions are expected to diversify the portfolio and contribute to long-term production growth.

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$22.36

Current Fair Value

67.5% downside

Overvalued by 67.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$30.62 Billion
Enterprise Value$29.93 Billion
Dividend Yield$0.62 (0.9185185185185191%)
Earnings per Share$1.19
Beta0.71
Outstanding Shares453,641,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio50.25
PEG152.81
Price to Sales34.36
Price to Book Ratio4.3
Enterprise Value to Revenue24.44
Enterprise Value to EBIT44.22
Enterprise Value to Net Income49
Total Debt to Enterprise0
Debt to Equity0

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Wheaton Precious Metals Corp

CEO: Randy Smallwood