2020-11-09 17:45:08 WPM Wheaton Precious Metals
11/09/20 11/0917:45 11/09/2017:45 | Wheaton Precious Metals reports Q3 EPS 33c, consensus 33cReports Q3 revenue $307M, consensus $291.13M. "Wheaton's high-quality portfolio of assets generated nearly $230M in operating cash flow in the Q3 alone, resulting in a record of over $555M in the first nine months of 2020. Given Wheaton's unique dividend policy, the strong cash flow in the quarter resulted in a 20% increase in our dividend," said Randy Smallwood, President and CEO of Wheaton Precious Metals. "In addition, production in the third quarter rebounded strongly following temporary suspensions of some operations as a result of the COVID-19 pandemic in the prior quarter, and the Company is on track to meet the higher end of our guidance." |
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