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Wheaton Precious Metals posts record Q3 2026 with $2.6B revenue and $1.5B net earnings, boosting growth outlook.

Company Fundamentals
09 Nov 2026, 18:04 WIB
Seeking Alpha
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Bullish
Wheaton Precious Metals posts record Q3 2026 with $2.6B revenue and $1.5B net earnings, boosting growth outlook.

Wheaton Precious Metals Corp. reported record Q3 2026 results, achieving $2.6 billion in revenue, $1.5 billion in net earnings, and $2.1 billion in operating cash flow. The company's strong performance is driven by aggressive deal-making and expanding mineral stream interests, supporting production growth through new streams and development projects. Despite volatility in the precious metals sector and price fluctuations, Wheaton maintains a strong buy rating due to its solid fundamentals and profitability, with an operating margin of $3,466 per gold equivalent ounce and cash costs of $548 per ounce. This positions Wheaton well for continued growth and resilience in a turbulent market.

As of Nov 09, 2026 23:21 WIB, Wheaton Precious Metals Corp (WPM) is trading at USD 143.30 on Pluang, showing a strong 1-day gain of 5.13%. The company holds a significant market cap of $62.26 billion and an enterprise value of $63.72 billion, reflecting robust investor interest. Its dividend yield stands at 0.57%, highlighting a modest return for shareholders in addition to the recent price appreciation.

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