Wheaton’s Q3 performance was characterised by a strong recovery in silver production coupled with a materially higher silver price to result in a record operating cash flow (of US$228.1m, or US$0.508/share), revenue and sales volumes in the first nine months of the year. One notable feature of the quarter was the absence of any inventory build among WPM’s gold assets, which contributed to revenues being 9.9% above our forecasts for the quarter, although this was partially offset by costs to resu ....
12 Nov 2020
Wheaton Precious Metals - Continuing to beat expectations
Wheaton Precious Metals - Continuing to beat expectations
Wheaton Precious Metals Corp (WPM:TSE) | 0 0 0.0%
- Published:
12 Nov 2020 -
Author:
Charles Gibson -
Pages:
15
Wheaton’s Q3 performance was characterised by a strong recovery in silver production coupled with a materially higher silver price to result in a record operating cash flow (of US$228.1m, or US$0.508/share), revenue and sales volumes in the first nine months of the year. One notable feature of the quarter was the absence of any inventory build among WPM’s gold assets, which contributed to revenues being 9.9% above our forecasts for the quarter, although this was partially offset by costs to resu ....