WHEATON PRECIOUS METALS - Hohe Margen

Diversifizierter Gold & Silber Streamer mit hohen Margen

8 Reasons Wheaton Precious Metals Could Be the World's Most Perfect Stock

1. Exceptionally high precious-metal margins

(average cash costs of $4.54 per silver ounce and $391 per gold ounce)

2. No direct day-to-day mining costs

(Essentially $14 million is general corporate expensing, compared with $198 million in reportable precious-metal sales) 

3. Multiple royalty and streaming deals 

4. Improved production diversity  

(This year, the company is set to generate just a little more than half of its revenue from the sale of silver. In years past, this figure would have been significantly higher.)

 5. Positive long-term outlook for gold and silver

6. A tenured management team

(you're getting a management team that's not only seasoned but has also stuck with the company for an extended period of time) 

7. Shareholder yield

(announced its intention to rebuy 20.2 million shares of its common stock, or at the time what represented about 5% of its outstanding shares. The company is also paying a $0.07-per-share quarterly dividend that's more or less tied to the price of silver. That works out to a current annual yield of 1.4%.) 

8. Valuation

(average price-to-cash flow (P/CF) has averaged a bit over 16. The industry average tends to be between 11 and 12, but Wheaton's considerably higher margins afford it a premium valuation in this respect. However, looking at Wall Street's cash-flow estimate in the years that lie ahead for Wheaton, its P/CF is valued closer to 13 or 14, signaling a possible undervaluation at current levels.) 

 

noch auf der Watchlist

 

Wheaton Precious Metals meldet Quartalszahlen für Q2/17:
http://s21.q4cdn.com/266470217/files/...-Statements-and-MDA-FINAL.PDF  

newsfeedback@fool.com (Reuben Gregg Brewer) Aug 17, 2017

http://host.madison.com/business/investment/...86fd-6f4ec1c35ad2.html  

 

Wheaton Precious Metals meldet Zahlen für Q3/17

Third Quarter Highlights

• Attributable silver production for the three months ended September 30, 2017, decreased 1% relative to the comparable period in 2016, with lower production from San Dimas and Constancia being largely offset by increased production from Antamina and Peñasquito.
• Attributable gold production for the three months ended September 30, 2017, decreased 15% relative to the comparable period in 2016, with the decrease being in line with expectations and primarily due to lower attributable production from 777 and Minto.
• On a silver equivalent ounce² ("SEO") basis and gold equivalent ounce² ("GEO") basis:
  • Attributable production in Q3 2017 was 14.9 million SEOs or 195,900 GEOs, compared with 15.3 million SEOs or 225,400 GEOs in Q3 2016, a decrease of 3% and 13%, respectively.
    
  • Sales volume in Q3 2017 was 12.0 million SEOs or 158,400 GEOs, compared with 11.9 million SEOs or 175,000 GEOs in Q3 2016, an increase of 1% and a decrease of 9%, respectively.
• As at September 30, 2017, payable ounces attributable to the Company produced but not yet delivered³ amounted to 5.3 million payable silver ounces and 57,200 payable gold ounces, representing an increase of 1.1 million payable silver ounces and 8,200 payable gold ounces during the three month period ended September 30, 2017.
  
• Declared quarterly dividend of $0.09 per common share. This represents an increase of 50% relative to the comparable period in 2016.
  
• The Company is reiterating its production guidance for 2017.
  

http://www.wheatonpm.com/news/pressreleases/...d-of-2017/default.aspx

 

laangsam aber sischer ;-)

 

"Could Wheaton Precious Metals Be a Millionaire-Maker Stock?"

Neha Chamaria (Nehams)
Dec 27, 2017 at 9:30PM
https://www.fool.com/investing/2017/12/27/...e-a-millionaire-mak.aspx  

14 Analysts "buy"
1 Analyst "overweight"
1 Analyst "hold"

The Wall Street Journal
http://quotes.wsj.com/WPM/research-ratings  

Why 2018 could be a good year for Wheaton Precious Metals stock"

Neha Chamaria (Nehams) | Jan 4, 2018 at 7:45AM
https://www.fool.com/investing/2018/01/04/...cious-metals-corp-i.aspx  

WPM findet gute Lösung für Primero Minings San Dimas Mine

http://www.wheatonpm.com/news/pressreleases/...imas-Mine/default.aspx

 

Der Markt nimmt den Deal positiv auf, trotz des angepassten Streams, Vergleichsrechnung:

alter Stream mit Primero Mining

• 5 Mio. oz Silber wurden für 4 $/oz an WPM geliefert, bei einem Marktpreis von 17$ hatte WPM ca. einen Gewinn von (16-4$/oz)* 5 Mio. oz = 60 Mio. $ p.a. gemacht
  

neuer Stream mit First Majestic Silver

• WPM bekommt 25% der Au Eq Produktion zu 600$/oz
  
• bei einer angenommen Au Eq Produktion von 100 koz, bekommt WPM 25% zu 600$ = 25 koz*(1300-600$/oz) = 17,50 Mio. Gewinn p.a.
  
• allerdings muss man erst nochmal abwarten wie die Prognose von First Majestic Silver für die San Dimas Mine 2018 ausfallen wird
  
• + einmalig 20,9 Mio. Aktien von AG (Wert ca. 140 Mio. $)
  

 

Es ist sogar noch mehr...

"25% of gold productionplusan additional amount of gold equal to 25% of silver production converted to gold at a fixed gold to silver exchange ratio of 70:11 from San Dimas"

 

http://www.miningweekly.com/article/...rowth-pipeline-lags-2018-03-19  

WPM meldet Ergebnisse für Q1/18

https://www.wheatonpm.com/news/pressreleases/...-of-2018/default.aspx

 

WPM erwirbt Cobalt-Stream von Vale

https://www.wheatonpm.com/news/pressreleases/...Bay-Mine/default.aspx

 

WPM erwirbt für 500 Mio. $ einen Gold und Palladiumstream von Sibanye-Stillwater

Ich muss mir die Details erst noch in Ruhe durchlesen, momentan stehe ich diesem Deal noch sehr kritisch gegenüber, da ich Sibanye-Stillwater für kein solides Unternehmen halte.

https://www.wheatonpm.com/news/pressreleases/...illwater/default.aspx

 

solider als vor dem deal...  

WPM meldet Ergebnisse für Q2/18

Highlights

• The decrease in attributable silver production and the increase in attributable gold production for the three months ended June 30, 2018, was primarily due to the termination of the San Dimas silver purchase agreement and the entering into of the new San Dimas precious metals purchase agreement effective May 10, 2018, with the silver production being further impacted by the expiry of the streaming agreement relative to the Lagunas Norte, Veladero and Pierina mines on March 31, 2018, and lower production at Antamina primarily resulting from mine sequencing.
• The decrease in silver sales volume for the three months ended June 30, 2018, was due to the lower production levels, partially offset by positive changes in the balance of payable silver produced but not yet delivered to Wheaton.
• The increase in gold sales volume for the three months ended June 30, 2018, was primarily the result of increased production levels coupled with positive changes in the balance of payable gold produced but not yet delivered to Wheaton.
• Declared quarterly dividend of $0.09 per common share. This represents an increase of 29% relative to the comparable period in 2017.
• On May 10, 2018, First Majestic Silver Corp. ("First Majestic") announced that they had closed the previously announced acquisition of Primero Mining Corp. ("Primero"). In connection with this acquisition, the Company has terminated the San Dimas silver purchase agreement and entered into a new San Dimas precious metal purchase agreement with First Majestic, resulting in a gain on disposal of $246 million.
• On June 28, 2018, Wheaton completed the acquisition from Vale S.A. ("Vale") of a fixed percentage of cobalt production from the Voisey's Bay mine starting in January 2021.
  

Subsequent to the Quarter

• On July 25, 2018, the Company, through its wholly owned subsidiary Wheaton Precious Metals International Ltd. ("Wheaton International"), completed the acquisition from Sibanye Gold Limited ("Sibanye-Stillwater") of a fixed percentage of gold and palladium production from the Stillwater and East Boulder mines (collectively "Stillwater") effective July 1, 2018.
• On July 17, 2018, the Company acquired 9.99% of the common shares of Adventus Zinc Corporation ("Adventus") and acquired a right of first refusal on any new streaming or royalty transactions on precious metals on the Adventus existing properties in Ecuador.
  

Reconfirming Production Guidance

• With the addition of the streams on Voisey's Bay and Stillwater, Wheaton's estimated attributable production in 2018 is forecast to be approximately 355,000 ounces of gold, 22.5 million ounces of silver, and 10,400 ounces of palladium.
• Estimated average annual attributable production over the next five years (including 2018) is anticipated to be approximately 385,000 ounces of gold, 25 million ounces of silver, 27,000 ounces of palladium, and starting in 2021, 2.1 million pounds of cobalt per year.

https://www.wheatonpm.com/news/pressreleases/...-of-2018/default.aspx

 

WPM meldet Ergebnisse für Q3/18

Highlights

• The decrease in attributable silver production for the three months ended September 30, 2018, was primarily due to the termination of the San Dimas silver purchase agreement and the entering into of the new San Dimas precious metals purchase agreement ("First Majestic PMPA") effective May 10, 2018, the expiry of the streaming agreement relative to the Lagunas Norte, Veladero and Pierina mines on March 31, 2018, and lower production at Peñasquito due to lower throughput and planned lower grades from stockpiles during the commissioning of the now fully constructed Peñasquito Pyrite Leach Project ("PLP").
  
• The increase in attributable gold production for the three months ended September 30, 2018, was primarily due to the entering into of the First Majestic PMPA, the acquisition of the new gold stream at Stillwater, partially offset by lower production at both Salobo and Minto.
• The decrease in silver sales volume for the three months ended September 30, 2018, was due to the lower production levels, partially offset by positive changes in the balance of payable silver produced but not yet delivered to Wheaton.
• The increase in gold sales volume for the three months ended September 30, 2018, was primarily the result of increased production levels coupled with positive changes in the balance of payable gold produced but not yet delivered to Wheaton.
• Declared quarterly dividend of $0.09 per common share.
  
• On July 25, 2018, the Company, through its wholly owned subsidiary Wheaton Precious Metals International Ltd. ("Wheaton International"), completed the acquisition from Sibanye Gold Limited ("Sibanye-Stillwater") of a fixed percentage of gold and palladium production from Stillwater effective July 1, 2018.
  

https://www.wheatonpm.com/news/pressreleases/...-of-2018/default.aspx

http://www.mining.com/...shares-drop-reporting-third-quarter-results/

 

WPM erzielt eine Einigung bzgl. des Streites mit der CRA

http://www.miningweekly.com/article/...on-settles-with-cra-2018-12-14

 

Feb. 22, 2019 9:32 AM ET
About: Wheaton Precious Metals Corp (WPM)  |  By: Vandana Singh, SA News Editor

https://seekingalpha.com/news/...estimated-production-higher-expected  

Sollten wir die 21 überwinden, geht es erst mal weiter Richtung 26. Nach Stand der Dinge sollte das 1. Quartal 2019 gut bis sehr gut ausfallen.  

WPM meldet Zahlen für 2018

• Goldproduktion 373 koz
  
• Silberproduktion 24,5 Moz
  
• Kosten 4,67$/oz Silber und 409$/oz Gold
  
• Umsatz 794 Mio. $
  
• Gewinn 427 Mio. $
  
• adj. Gewinn 214 Mio. $
  
• adj. EPS 0,48$
  
• Dividende 0,36$
  

https://www.wheatonpm.com/news/pressreleases/...-of-2019/default.aspx

 

So darf es gerne weiter gehen...