Wheaton Precious Metals Corp Common Shares (Canada) (WPM)

Stocks staged a sharp rebound on Friday as concerns over a potential government shutdown eased after Senate Minority Leader Chuck Schumer (D-NY) opted not to veto a Republican sp

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) has announced a 6.5% increase in its first quarterly cash dividend for 2025, raising it to $0.165 per common share from the prior quarter’s $0.155. The dividend, payable on April 11, 2025, will be distributed to shareholders of record as of April 1, 2025, with the ex-dividend date also set for April 1. The company, which declared a record $0.62 per share in total dividends for 2024, also reaffirmed the continuation of its Dividend Reinvestment Plan (“DRIP”), allowing eligible shareholders to reinvest dividends into additional shares.

Higher realized gold equivalent prices helped Wheaton register a record quarterly revenue, which surged over 21% year-on-year (YoY).

Bears regained control on Wall Street, with major indices wiping out Wednesday's gains and retesting recent lows as investor concerns over tariffs continue to weigh on sentiment.

Tonight, we’re going to take a close look at silver, which has been seeing some big moves lately and is set for even more.

Exploring WHEATON PRECIOUS METALS CORP's Technical Signals and Breakout Potential: WHEATON PRECIOUS METALS CORP is showing promising signs of setting up for a breakout.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) announced ReThink Milling Inc. as the winner of its inaugural Future of Mining Challenge, awarding the company $1 million for its Conjugate Anvil Hammer Mill (CAHM) and MonoRoll technologies. These innovations aim to enhance milling efficiency while significantly reducing energy consumption, greenhouse gas emissions, and operating costs. Wheaton launched the challenge in September 2024 to identify scalable solutions for improving sustainability in mining. CEO Randy Smallwood emphasized the importance of industry support in advancing new technologies, while ReThink Milling expressed excitement for the next phase of commercialization.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) announced ReThink Milling Inc. as the winner of its inaugural Future of Mining Challenge, awarding the company $1 million for its Conjugate Anvil Hammer Mill (CAHM) and MonoRoll technologies. These innovations aim to enhance milling efficiency while significantly reducing energy consumption, greenhouse gas emissions, and operating costs. Wheaton launched the challenge in September 2024 to identify scalable solutions for improving sustainability in mining. CEO Randy Smallwood emphasized the importance of industry support in advancing new technologies, while ReThink Milling expressed excitement for the next phase of commercialization.

Here are a couple of precious metals miners I’ve mentioned in the past which look better than ever.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) has been named to Corporate Knights’ 2025 Global 100 Most Sustainable Corporations list, reflecting its commitment to environmental, social, and governance (“ESG”) excellence. The recognition highlights Wheaton’s sustainable revenue generation, its collaboration with responsible mining partners, and high scores in key performance indicators like board diversity, pay equity, and sustainability-linked compensation. President and CEO Randy Smallwood underscored Wheaton’s efforts to advance ESG initiatives, including the 2024 launch of its Future of Mining Challenge, which invites cleantech innovators to develop solutions for improving mining efficiency and environmental impact, with a $1 million prize to be awarded at the PDAC Convention in Toronto.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) announced that Chief Financial Officer Gary Brown will step down on March 31, 2025, after nearly 17 years of service. Vincent Lau, currently Vice President of Finance, will succeed Brown as CFO and join the senior leadership team. Brown’s tenure has been marked by significant contributions to Wheaton’s financial growth, strategic direction, and risk management. CEO Randy Smallwood praised Brown for his role in establishing Wheaton as an industry leader. Lau, who has been with the company for 13 years, brings extensive experience in corporate finance and risk management, along with CPA and CFA designations.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) achieved record cash flow in Q3 2024, highlighting the company’s strong financial performance with $308 million in revenue, $254 million in operating cash flow, and $155 million in net earnings. Wheaton’s portfolio of 18 operating mines and 28 development projects, bolstered by new streaming agreements on the Koné Gold Project in Côte d’Ivoire and an amended agreement on the Fenix Project, continues to deliver robust production levels, supporting the company’s 2024 production guidance of 550,000 to 620,000 gold equivalent ounces (GEOs). CEO Randy Smallwood emphasized the value of Wheaton’s sustainable growth strategy, including anticipated production increases from new projects in the coming year, and sustainability leadership through the launch of the Future of Mining Challenge.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) achieved record cash flow in Q3 2024, highlighting the company’s strong financial performance with $308 million in revenue, $254 million in operating cash flow, and $155 million in net earnings. Wheaton’s portfolio of 18 operating mines and 28 development projects, bolstered by new streaming agreements on the Koné Gold Project in Côte d’Ivoire and an amended agreement on the Fenix Project, continues to deliver robust production levels, supporting the company’s 2024 production guidance of 550,000 to 620,000 gold equivalent ounces (GEOs). CEO Randy Smallwood emphasized the value of Wheaton’s sustainable growth strategy, including anticipated production increases from new projects in the coming year, and sustainability leadership through the launch of the Future of Mining Challenge.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) achieved record cash flow in Q3 2024, highlighting the company’s strong financial performance with $308 million in revenue, $254 million in operating cash flow, and $155 million in net earnings. Wheaton’s portfolio of 18 operating mines and 28 development projects, bolstered by new streaming agreements on the Koné Gold Project in Côte d’Ivoire and an amended agreement on the Fenix Project, continues to deliver robust production levels, supporting the company’s 2024 production guidance of 550,000 to 620,000 gold equivalent ounces (GEOs). CEO Randy Smallwood emphasized the value of Wheaton’s sustainable growth strategy, including anticipated production increases from new projects in the coming year, and sustainability leadership through the launch of the Future of Mining Challenge.

Wheaton Precious Metals (NYSEWPM) (TSX: WPM) announced that it will release its 2024 third quarter results after market close on Nov. 7, 2024. A conference call discussing the results will be held at 11 a.m. ET on Friday, Nov. 8, 2024. Interested parties should visit RapidConnect or link here to register for and access the webcast and dial 1-888-510-2154 or 1-437-900-0527 and enter conference ID 48142 to join the live call. The accompanying slideshow will also be available in PDF format on the Presentations page of the Wheaton Precious Metals website before the call. An archive of the recorded call will be available until Nov. 15, 2024, as detailed in the announcement.