Wheaton Precious Metals Corp.

Wheaton Precious Metals is the largest pure precious metals streaming company in the world. The company has streams on some of the largest and lowest cost mines in the world. Wheaton Precious Metals' production and growth are founded on cornerstone assets including the Salobo mine in Brazil, the Peñasquito and San Dimas mines in Mexico, and the Antamina mine in Peru.

Expert Comments:

Charles Gibson, Edison Investment Research (11/26/18)
"Production of gold, silver and palladium attributable to Wheaton Precious Metals Corp. from its streaming assets were all better than our expectations in Q3/14, a result of which is the company expects to exceed its previous guidance for FY18. Gold once again surpassed silver as Wheaton's biggest sales contributor."

Brian MacArthur, Raymond James (11/15/18)
"In Q3/18, Wheaton Precious Metals Corp. produced ~5.7 Moz silver and ~102 Koz gold, and adjusted earnings per share came in at $0.08. During the quarter, the company generated ~$110M in operating cash flow and completed the previously announced Stillwater stream acquisition; at Q3/18E, Wheaton had ~$119M in cash."

Andrew Kaip, BMO Capital Markets (11/14/18)
"Wheaton Precious Metals Corp. exceeded our estimates on gold, silver and palladium deliveries, and management now expects to exceed the high end of its guidance range. During Q3/18, the company closed its $500M Stillwater stream acquisition, and Wheaton received its first gold and palladium deliveries."

Andrew Kaip, BMO Capital Markets (10/1/18)
"We attended a site visit to the Stillwater mine with management of Wheaton Precious Metals Corp. and Sibanye-Stillwater; overall, the project showed well, with management teams focused on the successful ramp-up of Blitz. Longer term, exploration looks promising, and the potential for further stream extension appears likely."

Cosmos Chiu, CIBC World Markets (9/30/18)
"The attributes of the Stillwater platinum group metals operation (operated by Sibanye-Stillwater) that could have a positive impact on Wheaton Precious Metals Corp.'s royalty stream are a low-cost operation with upside to both annual production and mine life; these were highlighted on our visit. More specifically, the current reserve is 24 years, while additional resources could add an additional greater than 50 years to the mine life."

Brian MacArthur, Raymond James (9/28/18)
"We recently visited the Stillwater mining operations, on which Wheaton Precious Metals Corp. acquired a gold and palladium stream in July 2018. . .the Stillwater and East Boulder mines are among the highest grade and lowest cost platinum group metals mines in world. . .the Blitz mine is currently ramping up and should increase overall annual production from ~550 Koz today to ~850 Koz by 2022."

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More Expert Comments

Experts Following This Company

Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors
Cosmos Chiu, Executive Director of Precious Metals Equity Research – CIBC World Markets
Adrian Day, Founder – Adrian Day Asset Management
Charles Gibson, Director, Mining – Edison Investment Research
Frank Holmes, Chairman – U.S. Global Investors
Maurice Jackson
Andrew Kaip, Analyst – BMO Capital Markets
Brian MacArthur, Analyst – UBS Securities
Carey MacRury, Equity Analyst – TD Securities
Samuel Pelaez , Chief Investment Officer and Portfolio Manager – Galileo Global Equity Advisors Inc
Ralph Profiti, Analyst – Eight Capital
Rick Rule, Chairman – Sprott Global Resource Investments Ltd.

The information provided above is from analysts, newsletters, the company and other contributors.

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