Workflow
Wheaton Precious Metals(WPM)
icon
Search documents
Wheaton Precious Metals Announces Chief Financial Officer Transition
Prnewswire· 2025-01-09 22:00
Leadership Transition - Gary Brown will step down as CFO effective March 31, 2025, after nearly 17 years of service [1] - Vincent Lau, Vice President of Finance for 13 years, will be appointed as the new CFO [1][2] - Gary Brown played a key role in the company's financial growth, strategic direction, and risk management, contributing to its long-term success [3][5] New CFO Background - Vincent Lau has 13 years of experience managing corporate finance and risk management functions at Wheaton [2] - Prior to Wheaton, Vincent held senior finance roles at CHC Helicopters and KPMG's Transaction Services group in New York [2] - Vincent holds CPA and CFA designations and a Bachelor of Commerce degree from the University of British Columbia [2] Company Overview - Wheaton is the world's premier precious metals streaming company with a high-quality portfolio of long-life, low-cost assets [4] - The company's business model offers investors commodity price leverage and exploration upside with lower risk compared to traditional mining companies [4] - Wheaton delivers among the highest cash operating margins in the mining industry, enabling competitive dividends and growth through accretive acquisitions [4] - The company has consistently outperformed gold, silver, and other mining investments [4] - Wheaton is committed to strong ESG practices and community engagement in areas where it and its mining partners operate [4] Leadership Perspectives - Randy Smallwood, President and CEO, praised Vincent Lau's financial acumen and forward-thinking approach to growth and risk management [4] - Randy Smallwood acknowledged Gary Brown's strategic foresight, financial aptitude, and disciplined risk management as key factors in establishing Wheaton as a sector leader [5] - Gary Brown expressed pride in building and mentoring a highly motivated finance team, confident in their ability to continue the company's success under Vincent Lau's leadership [5]
Wheaton Precious Metals Announces the Acquisition of a Gold Stream from Allied Gold's Kurmuk Project
Prnewswire· 2024-12-06 00:23
VANCOUVER, BC, Dec. 5, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd. ("WPMI") has entered into a definitive Precious Metals Purchase Agreement (the "Gold Stream") with Allied Gold Corporation and its wholly owned subsidiary Allied Gold Services Inc. (together, "Allied"), in respect of the Kurmuk Project located in Ethiopia (the "Project" or "Kurmuk")."Wheaton is pleased to an ...
Buy, Sell Or Hold WPM Stock?
Forbes· 2024-11-21 11:00
Randy Smallwood, chief executive officer of Silver Wheaton Corp., speaks at the Prospectors & ... [+] Developers Association of Canada (PDAC) conference in Toronto, Ontario, Canada, on Sunday, March 5, 2023. Thousands of executives, investors, bankers and government officials are converging on Toronto over six days to attend one of the world's largest industry conferences as project pipelines shrink and companies face pressure to buy growth. Photographer: Christopher Katsarov Luna/Bloomberg© 2023 Bloomberg ...
Wheaton Precious Q3 Earnings Meet Estimates, Rise Y/Y on Higher Prices
ZACKS· 2024-11-08 20:26
Wheaton Precious Metals (WPM) reported adjusted earnings per share of 34 cents in third-quarter 2024, in line with the Zacks Consensus Estimate. The bottom line increased 32.7% year over year.Including one-time items, WPM reported earnings per share of 34 cents compared with earnings of 26 cents in the third quarter of 2023.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.WPM’s Q3 Revenues Gain on Higher PricesWheaton Precious generated revenues of around $308 million in the quarter, w ...
Wheaton Precious Metals(WPM) - 2024 Q3 - Earnings Call Transcript
2024-11-08 18:51
Wheaton Precious Metals Corp. (NYSE:WPM) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants Emma Murray - Vice President of Investor Relations Randy Smallwood - President and Chief Executive Officer Gary Brown - Senior Vice President and Chief Financial Officer Haytham Hodaly - Senior Vice President, Corporate Development Wesley Carson - Vice President, Mining Operations Conference Call Participants Ralph Profiti - Eight Capital Tanya Jakusconek - Scotia Bank Lawson Winder - ...
Wheaton Precious Metals (WPM) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-08 04:01
For the quarter ended September 2024, Wheaton Precious Metals Corp. (WPM) reported revenue of $308.25 million, up 38.1% over the same period last year. EPS came in at $0.34, compared to $0.27 in the year-ago quarter.The reported revenue represents a surprise of -5.03% over the Zacks Consensus Estimate of $324.57 million. With the consensus EPS estimate being $0.34, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...
Wheaton Precious Metals Corp. (WPM) Matches Q3 Earnings Estimates
ZACKS· 2024-11-08 00:35
Wheaton Precious Metals Corp. (WPM) came out with quarterly earnings of $0.34 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post earnings of $0.29 per share when it actually produced earnings of $0.33, delivering a surprise of 13.79%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Wheaton Precious ...
Wheaton Precious Metals Corp. (WPM) Is Up 9.52% in One Week: What You Should Know
ZACKS· 2024-10-23 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Will Wheaton Precious Metals (WPM) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-10 17:17
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Wheaton Precious Metals Corp. (WPM) , which belongs to the Zacks Mining - Miscellaneous industry. This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 18.97%. For the most recent quarter, Wheaton Precious Metals was expecte ...
Wheaton Precious Metals to Release 2024 Third Quarter Results on November 7, 2024
Prnewswire· 2024-10-09 21:00
VANCOUVER, BC, Oct. 9, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. will release its 2024 third quarter results on November 7, 2024, after market close. RapidConnect URL: Click here Live webcast: Click here Dial toll free: 1-888-510-2154 or 1-437-900-0527 Conference Call ID: 48142 A conference call will be held on Friday, November 8, 2024, starting at 11:00 am ET (8:00 am PT) to discuss these results. To participate in the live call, please use one of the following methods: The accompanying slideshow ...