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Yahoo
an hour ago
- Business
- Yahoo
Is Wheaton Precious Metals Stock a Buy?
Written by Aditya Raghunath at The Motley Fool Canada With gold prices hovering near all-time highs, the share prices of mining companies such as Wheaton Precious Metals (TSX:WPM) have delivered solid returns in 2025. Valued at a market cap of almost $60 billion, Wheaton Precious Metals stock is up close to 60% in the past year. Moreover, the TSX stock has returned over 600% since August 2015. As past returns should be taken with a pinch of salt, let's see if you should invest in this gold mining stock at the current valuation. The bull case of investing in WPM stock Wheaton Precious Metals is a Vancouver-based precious metals streaming company that generates revenue through streaming agreements rather than operating mines directly. It purchases metal streams from mining operators by making upfront payments and ongoing delivery payments, then sells gold, silver, palladium, platinum, and cobalt across global markets, including North America, Europe, Africa, and South America. Wheaton targets 40% production growth to 870,000 gold equivalent ounces by 2029, driven by existing operations and new development projects. The company actively evaluates streaming and royalty opportunities, maintaining a robust pipeline of double-digit opportunities, including development-stage projects, secondary royalty sales, balance sheet repair situations, and asset rationalizations by senior mining companies. Wheaton Precious Metals reported exceptional second-quarter results, achieving record revenue, adjusted net earnings, and operating cash flow. It generated record quarterly revenue of $503 million, a 68% increase from the prior year, driven by strong commodity prices and 28% higher sales volumes. Net earnings surged 139% to $292 million, while operating cash flow increased 77% to $450 million. These gains outpaced commodity price increases, highlighting the leverage inherent in Wheaton's streaming model, where 85% of revenue comes from fixed per-ounce payments. Production reached 159,000 gold equivalent ounces, up 9% year over year, led by strong performances at Salobo and Antamina. Key growth catalysts materialized as Blackwater achieved commercial production and Goose delivered its first gold pour. The company remains well-positioned to achieve 2025 guidance of 600,000-670,000 gold equivalent ounces. Management revealed an active pipeline of 12-15 opportunities totalling billions in potential transactions, with two-thirds representing development-stage projects. The competitive environment hasn't restricted deal terms but has intensified competition. Wheaton maintains its disciplined approach, focusing only on accretive opportunities that enhance shareholder value. With over $1 billion in cash and a $2 billion undrawn credit facility, Wheaton possesses industry-leading liquidity to fund commitments and pursue additional acquisitions. The company's 40% production growth target by 2029 provides flexibility to be selective while capitalizing on the strengthening precious metals market. Silver's recent outperformance particularly benefits Wheaton, given its substantial silver exposure that differentiates it from streaming peers and positions WPM stock to capitalize on continued precious metals momentum. What is the target price for the TSX stock? Analysts tracking Wheaton Precious Metals stock forecast adjusted earnings to grow from $1.4 per share in 2024 to $2.58 per share in 2029. A widening earnings base should help it increase annual dividends per share from $0.62 in 2024 to $1.27 in 2029. Today, WPM stock trades at a forward price-to-earnings multiple of 37 times, which is higher than its 10-year average of 34 times. As gold prices stabilize, WPM stock might trade at a lower multiple going forward. So, if it's valued at 30 times earnings, WPM stock should trade around $80 in early 2029, below the current price of $94. The post Is Wheaton Precious Metals Stock a Buy? appeared first on The Motley Fool Canada. Should you invest $1,000 in Shopify right now? Before you buy stock in Shopify, consider this: The Motley Fool Stock Advisor Canada analyst team identified what they believe are the 15 best stocks for investors to buy now… and Shopify wasn't one of them. The 15 stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 … if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $24,427.64!* Now, it's worth noting Stock Advisor Canada's total average return is 94%* – a market-crushing outperformance compared to 61%* for the S&P/TSX Composite Index. Don't miss out on our top 15 list, available when you join Stock Advisor Canada. See the 15 Stocks * Returns as of July 15th, 2025 More reading 10 Stocks Every Canadian Should Own in 2025 3 Canadian Companies Powering the AI Revolution Fool contributor Aditya Raghunath has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025
GMA Network
a day ago
- GMA Network
Wanted man killed, 4 soldiers hurt in armed encounter
A man wanted for multiple crimes was killed while four soldiers were injured in an armed encounter in Maimbung, Sulu. Troops of the 41st Infantry Battalion under the 11th Infantry Division, police officers, and agents of the Philippine Drug Enforcement Agency (PDEA) killed alias 'Wangbu,' tagged as number two most wanted person in the province, in an operation in Barangay Kapok Punngol. The military said the suspect was identified as the primary suspect in the killing of a police provincial director of Sulu and three members of a family in Barangay Labah, Maimbung. The suspect was also allegedly involved in large-scale illegal drug operations in the towns of Parang, Indanan, and Maimbung. Seized from the encounter site were several magazines, ammunition, and war materiel. The military added that four soldiers sustained injuries from grenade shrapnel and were given medical attention immediately. 'This operation demonstrates our unwavering commitment to uphold the rule of law. Our troops remain constantly vigilant, and we will not allow unlawful disturbances affecting the lives of the people of Sulu. There is no place for criminals and lawless elements to hide in Sulu, and justice will always catch up with those who sow violence, fear, and disorder in our communities,' 11ID Commander, Major General Leonardo Peña, said. Peña visited the soldiers at the hospital and awarded them with the Wounded Personnel Medal (WPM) for their courage and sacrifice. 'The heroism of our soldiers is beyond measure. Despite the risks, they stood their ground to ensure the safety of the people of Sulu. The medals we confer today are but a small recognition of their selfless service and sacrifice,' Peña added.
Globe and Mail
11-08-2025
- Business
- Globe and Mail
Wheaton Precious Metals Q2 Earnings Beat Estimates, Revenues Rise Y/Y
Wheaton Precious Metals reported adjusted earnings per share of 63 cents in second-quarter 2025, which surpassed the Zacks Consensus Estimate of 58 cents. The bottom line surged 90.9% year over year. WPM Q2 Revenues Reflect Higher Metal Prices Wheaton Precious Metals generated record revenues of around $503 million, which improved 68.3% on a year-over-year basis. The upside was caused by a 32% increase in average realized price and a 28% improvement in gold equivalent ounces (GEOs) sold. The top line beat the Zacks Consensus Estimate of $468 million. In the second quarter, the average realized gold price was $3,318 per ounce. The figure was 40.8% higher than the year-ago quarter. Silver prices were $34.05 per ounce, up 17% year over year. Palladium prices were $996 per ounce compared with $979 per ounce in the prior-year quarter. Cobalt prices improved 16.1% year over year to $18.60 per pound. Wheaton Precious Metals' Q2 Gold Equivalent Production Rises Y/Y WPM's gold production was 91,968 ounces, up from the prior-year quarter's 83,743 ounces. Attributable silver production increased 7.1% year over year to 5,407 ounces, while palladium production fell 43.9% to 2,435 ounces. The company produced 158,608 GEOs in the June-end quarter, up 9.5% from the prior-year quarter's 144,904 GEOs. Wheaton Precious Metals sold 157,916 GEOs, up 27.9% from the last-year quarter. WPM's Margins Rise Y/Y in Q2 The total cost of sales was up 33% year over year to around $150 million in the second quarter. The gross profit surged 86.9% to $353 million. The gross margin was 70.2% in the reported quarter compared with 62.3% in the prior-year quarter. General and administrative expenses increased 7.6% year over year to $11 million. Earnings from operations were $330 million, a 95.1% rise from $169 million in the second quarter of 2024. Average cash costs in the second quarter of 2025 were $470 per GEO, up from $437 in the year-ago quarter. The cash operating margin increased 37% year over year to $2,717 per GEO sold due to a higher realized price per ounce. Wheaton Precious Metals' Balance Sheet Updates The company had around $1 billion of cash in hand at the end of the second quarter of 2025 compared with $0.83 billion at the end of 2024. It reported an operating cash flow of $415 million compared with $234 million in the prior-year quarter. The company has a $2-billion undrawn revolving credit facility. The maturity date has been extended to June 23, 2030. WPM Reaffirms 2025 Outlook Gold production is expected to be 350,000-390,000 ounces. Silver production is projected between 20.5 million and 22.5 million ounces. The production of other metals is anticipated to be 12,500-13,500 GEOs. Wheaton Precious Metals Stock's Price Performance Shares of Wheaton Precious Metals have gained 77.7% in the past year compared with the industry's 15.7% growth. Image Source: Zacks Investment Research WPM's Zacks Rank Wheaton currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Wheaton Precious Metals' Peer Performances Kinross Gold CorporationKGC reported adjusted earnings of 44 cents per share compared with the prior-year quarter's 14 cents. The bottom line beat the Zacks Consensus Estimate of 33 cents. Kinross Gold's revenues rose 41.7% year over year to $1,728.5 million in the second quarter. It topped the Zacks Consensus Estimate of $1,347.3 million. The rise is attributed to a higher average realized gold price. Agnico Eagle Mines LimitedAEM reported adjusted earnings of $1.94 per share for the second quarter of 2025, up from $1.07 in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of $1.83. Agnico Eagle Mines generated revenues of $2,816.1 million, up 35.6% year over year. The top line surpassed the Zacks Consensus Estimate of $2,553 million. Teck Resources LimitedTECK came out with earnings of 27 cents per share in the second quarter of 2025, beating the Zacks Consensus Estimate of 2 cents. This compares with earnings of 58 cents per share a year ago. Teck Resources posted revenues of $1.46 billion in the quarter, missing the Zacks Consensus Estimate by 8.7%. This compares with year-ago revenues of $2.83 billion. See our %%CTA_TEXT%% report – free today! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
10-08-2025
- Business
- Yahoo
Wheaton Precious Metals Second Quarter 2025 Earnings: Beats Expectations
Wheaton Precious Metals (TSE:WPM) Second Quarter 2025 Results Key Financial Results Revenue: US$503.2m (up 68% from 2Q 2024). Net income: US$292.3m (up 139% from 2Q 2024). Profit margin: 58% (up from 41% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.64 (up from US$0.27 in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Wheaton Precious Metals Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 9.7%. Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Metals and Mining industry in Canada. Performance of the Canadian Metals and Mining industry. The company's shares are up 9.1% from a week ago. Risk Analysis It is worth noting though that we have found 1 warning sign for Wheaton Precious Metals that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-08-2025
- Business
- Yahoo
Wheaton Precious Metals Corp. (WPM) Surpasses Q2 Earnings and Revenue Estimates
Wheaton Precious Metals Corp. (WPM) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +8.62%. A quarter ago, it was expected that this company would post earnings of $0.5 per share when it actually produced earnings of $0.55, delivering a surprise of +10%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Wheaton Precious Metals, which belongs to the Zacks Mining - Miscellaneous industry, posted revenues of $503.22 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 7.58%. This compares to year-ago revenues of $299.06 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Wheaton Precious Metals shares have added about 75.3% since the beginning of the year versus the S&P 500's gain of 7.9%. What's Next for Wheaton Precious Metals? While Wheaton Precious Metals has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Wheaton Precious Metals was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.59 on $471.41 million in revenues for the coming quarter and $2.32 on $1.91 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Mining - Miscellaneous is currently in the bottom 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Alpha Metallurgical (AMR), has yet to report results for the quarter ended June 2025. The results are expected to be released on August 8. This company is expected to post quarterly loss of $2.38 per share in its upcoming report, which represents a year-over-year change of -153%. The consensus EPS estimate for the quarter has been revised 342.6% lower over the last 30 days to the current level. Alpha Metallurgical's revenues are expected to be $567.3 million, down 29.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wheaton Precious Metals Corp. (WPM) : Free Stock Analysis Report Alpha Metallurgical Resources, Inc. (AMR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
