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IN BRIEF: Wheaton Precious Metals lauds record first quarter revenue

7th May 2021 15:29

Wheaton Precious Metals Corp - Vancouver, Canada-based precious metals streaming company - Revenue in first quarter of 2021 climbs 27% annually to USD324.1 million, a record, from USD254.8 million. Net earnings 71% higher at USD162.0 million from USD94.9 million. Gold production ticks down 18% to 77,733 ounces. "Wheaton's first quarter results illustrate the strength and growth profile of our diversified, high-quality portfolio with record revenue achieved and over USD$230 million in operating cash flow generated," Chief Executive Officer Randy Smallwood says.

Current stock price: 3,218.00 pence

Year-to-date change: up 2.8%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Wheaton Prec.
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