Wheaton Precious Stock Price, News & Analysis

Wheaton Precious Metals (NYSE:WPM) reported exceptional Q2 2025 financial results, achieving record performance across key metrics. The company posted record revenue of $503 million, representing a 68.3% increase year-over-year, along with net earnings of $292 million and record operating cash flow of $415 million.

Production highlights include 158,600 gold equivalent ounces (GEOs), up 9.5% from Q2 2024, driven by stronger production at Salobo and the start of Blackwater operations. The company maintains a robust balance sheet with $1.0 billion in cash, no debt, and an extended $2 billion revolving credit facility maturing in 2030.

Notable operational milestones include commercial production at Blackwater, first gold pour at the Goose project, and successful ramp-up of the Salobo III expansion. The company declared a quarterly dividend of $0.165 per share and made total dividend payments of $150 million during the quarter.

Wheaton Precious Metals (NYSE:WPM) has scheduled the release of its 2025 second quarter results on Thursday, August 7, 2025, after market close. The company will host a conference call on Friday, August 8, 2025, at 11:00 am ET to discuss the results.

The conference call will be accessible via webcast and toll-free dial-in options. An accompanying slideshow will be available on the company's website before the call. The recording will be available until August 15, 2025, with the webcast archived for one year.

Wheaton Precious Metals (NYSE:WPM) has announced the return of its Future of Mining Challenge for 2025/26, offering a US$1 million award to promote innovation in sustainable mining practices. The challenge focuses on cleantech ventures developing technologies for sustainable water management in the mining industry.

The company is partnering with the University of British Columbia's Sauder School of Business for this initiative. Interested ventures can submit expressions of interest until August 29, 2025, with selected participants invited to submit full applications in September 2025. The winner will be announced at the PDAC Convention in Toronto in March 2026.

Wheaton Precious Metals (NYSE:WPM) has been recognized among Corporate Knights' 2025 Best 50 Corporate Citizens in Canada, securing a position in the top 10 companies. The ranking evaluates publicly traded companies on Canadian stock exchanges, private corporations, and Crown corporations with over $1 billion in revenue.

Companies are assessed on up to 25 key performance indicators, with 50% of the score based on sustainable revenue and investments. Earlier in 2025, Wheaton was also named among Corporate Knights' 100 most sustainable corporations globally.

Wheaton Precious Metals (WPM) announces key senior management promotions effective June 30, 2025. Haytham Hodaly, current SVP of Corporate Development, will be promoted to President, while Curt Bernardi will become EVP, Strategy and General Counsel. Randy Smallwood remains CEO. Additional appointments include Neil Burns as VP Corporate Development, Tamara Howarth as VP Legal and People, and Patrick Deutscher joining as VP Legal Transactions. Hodaly, who joined in 2012, has executed over US$10B in streaming transactions. Bernardi, with the company since 2008, brings over three decades of legal expertise in corporate finance and M&A. The management changes position WPM for its next phase of innovation and growth.

Wheaton Precious Metals (WPM) has released its 2024 Sustainability and Climate Change Reports, showcasing significant ESG achievements. The company received top ESG ratings, including 'ESG Industry Top-Rated' by Sustainalytics and 'AAA' rating from MSCI. Key highlights include: $8.5 million contributed to charitable causes in 2024, with $6M dedicated to mining partners' initiatives; 50% board diversity; and 86% of 2023 Scope 3 financed emissions covered by reduction targets aligned to 2°C or less. The company screened 100% of new streaming agreements for ESG risks, and 99% of 2024 production came from operations committed to the Global Industry Standard on Tailings Management. Wheaton also launched the Future of Mining Challenge to improve operational efficiencies while reducing environmental impacts.

Wheaton Precious Metals (WPM) has announced the results of its 2025 Annual and Special Meeting of Shareholders. The company successfully elected nine directors to its Board, with all nominees receiving strong shareholder support ranging from 95.63% to 99.86% of votes cast. Randy V.J. Smallwood received the highest approval rate at 99.86%, while Glenn Ives and Srinivasan Venkatakrishnan also received over 99% approval.

The company noted the recent passing of Peter Gillin, a long-serving director who had previously announced he would not seek re-election. Additionally, shareholders approved a non-binding advisory resolution on executive compensation with 94.94% support.

Wheaton Precious Metals (WPM) has declared its second quarterly cash dividend for 2025 of US$0.165 per common share, representing a 6.5% increase compared to the same quarter in 2024. The dividend will be paid to shareholders of record as of May 28, 2025, with distribution scheduled for June 10, 2025. The company also maintains a Dividend Reinvestment Plan (DRIP), allowing shareholders to reinvest their dividends in additional common shares through treasury at the Average Market Price without a discount.

Wheaton Precious Metals (WPM) reported record Q1 2025 financial results with $470 million in revenue (up 58.5%), $254 million in net earnings, and $361 million in operating cash flow. The company produced 151,065 gold equivalent ounces (GEOs), a 4.4% decrease YoY, but exceeded expectations driven by strong production at Salobo. Key highlights include:

The company maintains a strong balance sheet with $1.1 billion in cash, no debt, and an undrawn $2 billion credit facility. Quarterly dividend declared at $0.165 per share. Notable operational milestone includes Artemis Gold achieving commercial production at Blackwater mine on May 2, 2025.

Cash operating margin increased 45% YoY to $2,400 per GEO. The company recorded $45 million in Global Minimum Tax expense. Four development projects are scheduled to come online in 2025, strengthening WPM's growth profile.