-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
Wheaton delivered Q1 revenue of $901.5M, up 91.6% and 4% above consensus, while adjusted EPS of $1.28 increased 132% and beat estimates by $0.06. Gross margins expanded 119.2% to $699.4M while cost of sales rose only 33.5%, demonstrating streaming model leverage during rising precious metals prices. The fixed per-ounce payment structure validates streaming economics during favorable market conditions. Management targets 50% production growth to 1.2M gold equivalent ounces by 2030, representing material acceleration from current levels. The transformative $4.3B Antamina transaction with BHP closed in Q2, doubling exposure to one of the world's lowest-cost silver assets and representing the largest precious metals streaming deal on record. Operating cash flow reached $765.8M, up 112.3%, while cash balance of $2.16B provides exceptional financial flexibility. The Board increased the dividend 18% to $0.195 per share quarterly, marking three consecutive years of growth.