Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | Suite 3500 - 1021 West Hastings St. VANCOUVER BC V6E 0C3 |
Tel: | N/A |
Website: | https://www.wheatonpm.com |
IR: | See website |
Key People | ||
Randy V. J. Smallwood President, Chief Executive Officer, Director | Gary D. Brown Chief Financial Officer, Senior Vice President | Patrick Eugene Drouin President, Wheaton International and Chief Sustainability Officer |
Curt D. Bernardi Senior Vice President - Legal, Corporate Secretary | Haytham Henry Hodaly Senior Vice President - Corporate Development |
Business Overview |
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company is primarily engaged in the sale of precious metals, including gold, silver, palladium, and cobalt. It has streaming agreements for about 19 operating mines and 13 development stage projects. Its operating assets include Salobo mine (Salobo), Antamina, Penasquito, Constancia, Sudbury, Stillwater, San Dimas, Voisey's Bay, Other Gold, and Other Silver. Its development assets include Blackwater Project, Marmato Mine, Copper World Complex, Goose Project, and Curipamba Project, and others. The Salobo is the copper deposit located in Brazil. Salobo is an integrated operation of open pit mining, mineral processing beneficiation, concentrate loading and transportation. The Antamina mine is a copper mine. The Antamina mine is located in the Andes Mountain range of Peru at an average elevation of 4,200 meters. The Penasquito is a gold mine and silver mine as well as the producers of zinc and lead. |
Financial Overview |
For the fiscal year ended 31 December 2023, Wheaton Precious Metals Corp revenues decreased 5% to $1.02B. Net income decreased 20% to $537.6M. Revenues reflect Penasquito segment decrease of 42% to $101.5M, Other segment decrease of 31% to $99.3M, Mexico segment decrease of 25% to $200.1M, Canada segment decrease of 52% to $60.2M. Net income also reflects Gain on disposal of mineral stream inter decrease of 97% to $5M (income). |
Employees: | 41 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $28,113M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,376M as of Dec 31, 2023 |
EBITDA (TTM): | $976.36M as of Dec 31, 2023 |
Net annual income (TTM): | $727.86M as of Dec 31, 2023 |
Free cash flow (TTM): | $834.97M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 453,069,254 as of Mar 1, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |