Welcome to our dedicated page for Wheaton Precious news (Ticker: WPM), a resource for investors and traders seeking the latest updates and insights on Wheaton Precious stock.
Wheaton Precious Metals Corp (WPM) delivers a unique approach to precious metals exposure through its streaming agreements with global mining partners. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and strategic initiatives shaping the company's position in the commodity markets.
Access authoritative reporting on WPM's streaming contracts, quarterly earnings, and operational milestones. Our curated collection includes press releases covering new partnerships, production updates, and sustainability efforts, enabling stakeholders to track factors influencing long-term value creation.
Key content categories include detailed analyses of precious metals pricing trends, expansions of WPM's streaming portfolio, and management commentary on market dynamics. The page serves as a strategic resource for understanding how geopolitical developments, mining sector innovations, and commodity demand fluctuations impact the company's performance.
Bookmark this page for direct access to Wheaton's official communications and third-party analyses. Regular updates ensure you maintain informed perspectives on this leading precious metals streaming company's evolving market role.
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) 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.
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.
Wheaton Precious Metals (WPM) has announced the passing of founding board member Peter Gillin on May 2, 2025. Gillin served on Wheaton's Board of Directors for over 20 years, bringing more than four decades of experience in mining and financial sectors. He held key positions including former Chair of the Compensation Committee and served on the Governance and Sustainability and Audit Committees. Prior to his passing, Gillin had announced his planned retirement ahead of the Company's 2025 Annual General Meeting. In his memory, Wheaton will increase its contribution to the Heart and Stroke Foundation of Canada.
Wheaton Precious Metals (WPM) has scheduled the release of its 2025 first quarter financial results on Thursday, May 8, 2025, after market close. The company will host a conference call on Friday, May 9, 2025, at 11:00 am ET (8:00 am PT) to discuss the quarterly performance.
Investors and analysts can participate through various channels including a live webcast and toll-free dial-in numbers. The presentation materials will be available in PDF format on the company's website before the call. The conference call recording will remain accessible until May 16, 2025, while the webcast will be available for one year.
Wheaton Precious Metals has announced the filing of its Form 40-F report with the Securities and Exchange Commission, now available on EDGAR and the company's website. The company's 2024 audited financial statements are also accessible online and available upon request to their Investor Relations Department.
The company will hold its Annual and Special Meeting of Shareholders on Friday, May 9, 2025, at 10:30 a.m. Pacific Time, offering both virtual and in-person attendance options in Vancouver. Shareholders are encouraged to participate through the online platform, where registered shareholders and proxyholders can listen live and vote in real-time through the TSX Trust virtual meeting platform.
Wheaton Precious Metals (WPM) reported record financial performance in 2024, with revenue reaching $1,285 million, operating cash flow of $1,028 million, and adjusted net earnings of $640 million. The company exceeded its production guidance, delivering 635,000 gold equivalent ounces (GEOs).
Q4 2024 highlights include record revenue of $381 million and operating cash flow of $319 million. The company maintained a strong balance sheet with $818 million in cash and no debt. Production increased 14% year-over-year, driven by stronger performance at Salobo and Peñasquito.
Key developments include four new streaming agreements, including Koné and Kurmuk projects. The company's five-year forecast projects a 40% increase in annual production to 870,000 GEOs. However, WPM recorded a $109 million impairment charge on the Voisey's Bay PMPA due to declining cobalt prices.
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