- Attributable gold production: 84,993 oz, a slight decrease of 0.1% year-over-year (y/y); exceeded the estimate of 82,443 oz.
- Silver production: 5,062 oz, showing a significant increase of 15% y/y; surpassed the estimate of 4.62 million oz.
- Adjusted Earnings Per Share (EPS): 33.0 cents, up from 31.5 cents y/y; above the estimate of 29.7 cents.
- Realized silver price per ounce: $29.11, a 21% increase y/y; higher than the estimate of $27.56.
- Realized gold price per ounce: $2,412, a substantial 26% increase y/y; exceeded the estimate of $2,252.
- Gold sales volume: 124,009 oz, a decline of 11% y/y.
- Silver sales volume: 3,823 oz.
- Revenue: $299 million, up by 13% y/y; slightly below the estimate of $301 million.
- Year-to-date gold equivalent production is approximately 305,000 ounces, on track to achieve the 2024 production guidance of 550,000 to 620,000 gold equivalent ounces.
- Analyst ratings: 10 buys, 4 holds, 0 sells.
A look at Wheaton Precious Metals Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| 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. operates as a precious metals streaming company, primarily focusing on gold and silver projects and serving customers globally. According to Smartkarma Smart Scores, the company shows a positive long-term outlook, with a high score in Momentum, indicating strong performance and potential for future growth. Additionally, Wheaton Precious Metals scores well in Value, Growth, and Resilience, highlighting its solid foundation and potential for long-term success.
Although the Dividend score is lower compared to other factors, the overall outlook for Wheaton Precious Metals remains promising. Investors may find this company appealing for its strong momentum and positive indicators across various factors, making it a potential candidate for long-term investment strategies in the precious metals industry.
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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