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0 0.000325865580448116 -0.000814663951120117 -0.000488798370672116 -0.00236252545824841 -0.00350305498981664 -0.000244399185336058 0.00329938900203667
Stock impact report

Wheaton Precious Metals: Streaming High-Margin Silver And Gold Profits [Seeking Alpha]

Wheaton Precious Metals Corp Common Shares (Canada) (WPM) 
Last wheaton precious metals corp common shares (canada) earnings: 3/11 05:10 pm Check Earnings Report
US:NYSE Investor Relations: wheatonpm.com/investors/default.aspx
Company Research Source: Seeking Alpha
WPM trades at a TTM P/E of 56x, nearly double the S&P 500, reflecting market enthusiasm (and higher risk/reward) for Wheaton's otherwise arguably low-risk streaming model. The company's global portfolio features six cornerstone gold and silver assets with long lives, high-margins, and predictable costs. Q3 revenue grew 54.5% yoy (58% gold, 39% silver) while EPS was +137.4% yoy. Q3 net profit margin was an amazing 77.1%. WPM's high leverage to rising gold and silver prices supports strong growth in revenue, free cash flow, and shareholder returns. I start my Seeking Alpha coverage of WPM with a BUY rating. Wirestock/iStock via Getty Images The stock of Wheaton Precious Metals ( WPM ) has more than doubled over the past year, significantly outperforming the price of gold ( GLD ) but lagging the price of silver ( SLV ) (see chart below). The result is that This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of Show less Read more
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