Wheaton Precious Stock Price, News & Analysis

Wheaton Precious Metals (NYSE:WPM) reported record results for the first nine months of 2025, driven by higher precious‑metal prices and rising production. Q3 2025 revenue was $476.3M, net earnings $367.2M and operating cash flow $383.0M. Year‑to‑date revenue reached $1.45B and adjusted net earnings were $817.9M through Sept 30, 2025. The company held $1.2B cash, no debt, and an undrawn $2B revolver plus $500M accordion. Attributable production totaled 173,415 GEOs in Q3 (up 21.5% YoY) and PBND was ~151,800 GEOs (~2.9 months). The company declared a quarterly dividend of $0.165 per share and entered a gold stream agreement for Hemlo expected to close in Q4 2025.

Wheaton Precious Metals (NYSE:WPM) entered a definitive gold stream with Waterton Gold on the Spring Valley project in Nevada, with WPMI paying a total upfront $670 million in installments.

Under the Gold Stream WPMI will buy 8% of payable gold until 300,000 oz are delivered, then 6% for the life of mine. Attributable production is forecast at ~29 koz/year for the first five years and >25 koz/year for the first ten years, with first production expected in H1 2028 and a 10-year mine life based on reserves at $1,800/oz.

The arrangement includes a $150 million cost overrun facility, fixed gold payability at 99.9%, corporate guarantees from Waterton and Solidus, and increases Wheaton's probable reserves by 0.31 Moz.

Wheaton Precious Metals (NYSE: WPM) will release its 2025 third quarter results on Thursday, November 6, 2025 after market close. Management will host a conference call on Friday, November 7, 2025 at 11:00 am ET (8:00 am PT) to discuss the results.

Investors can join via RapidConnect, live webcast, or dial-in (toll free 1-888-510-2154 or 1-437-900-0527) using Conference ID 68324. The accompanying slideshow PDF will be posted on the Presentations page before the call. The call recording will be available until November 14, 2025 at 11:59 pm ET, and the webcast archive will remain online for one year.

Wheaton Precious Metals (WPM) has announced a significant financing commitment to support Carcetti Capital's acquisition of the Hemlo Mine from Barrick Mining Corporation. The comprehensive financing package includes a $400 million gold stream, a $415 million equity financing (with WPM contributing up to $50 million), and $200 million in bank debt.

Under the gold stream agreement, WPM will purchase 13.5% of payable gold initially, reducing to 9.0% and then 6.0% after reaching specific delivery thresholds. The stream is expected to provide approximately 20,000 ounces of gold annually for the first 10 years and over 17,000 ounces annually throughout the 14-year mine life. The transaction is set to close in Q4 2025.

Wheaton Precious Metals (NYSE:WPM) has declared its third 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 August 21, 2025, with distribution scheduled for September 4, 2025.

The company also highlighted its Dividend Reinvestment Plan (DRIP), allowing shareholders to reinvest their dividends in additional common shares. For this quarter, new DRIP shares will be issued through treasury at the Average Market Price without a discount. Shareholders can participate in the DRIP through the company's website or the plan agent's web portal.

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.