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Wheaton Precious Metals Posts Record Revenue as Gold Holds Near $4,300

Wheaton Precious Metals logoWheaton Precious Metals
Sig1.60Sen+6.20Env0.00Soc0.00Gov0.00

Wheaton Precious Metals reported record first-half revenue of US$1.8 billion and operating cash flow of US$1.4 billion, boosted by a 78% rise in its average realized gold-equivalent price and 5% higher gold-equivalent ounces sold. Cash operating margin increased 65% to US$3,875/oz, while full-year guidance stayed at 860,000–940,000 GEOs and production targets rise toward about 1.2 million GEOs annually by 2030.

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