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An announcement from Wheaton Precious Metals ( (TSE:WPM) ) is now available.
Wheaton Precious Metals exceeded its 2024 production guidance with over 633,000 gold equivalent ounces, attributing the success to strong performances, particularly from the Salobo project. The company projects a 40% growth over the next five years, aiming for 870,000 GEOs by 2029, and positions itself strategically for continued growth with a robust balance sheet and increasing demand for streaming capital.
More about Wheaton Precious Metals
Wheaton Precious Metals Corp. operates in the precious metals industry, focusing on the streaming of gold, silver, and other metals. As a leading streaming company, it derives the largest share of its revenue from precious metals, offering long-term exposure to this sector.
YTD Price Performance: 16.24%
Average Trading Volume: 1,496,428
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $30.58B
For a thorough assessment of WPM stock, go to TipRanks’ Stock Analysis page.
