Updated: Nov 29, 2021
Wheaton Precious Metals is a multinational precious metals streaming company, with 32 high-quality precious metals streaming and early deposit agreements in the Americas and Europe. It is headquartered in Canada with a primary listing on the TSX and secondary listings on the NYSE and most recently the LSE. With a market cap of C$22.5bn, it is one of the largest global streaming and royalty companies. Wheaton Precious offers a different business model to the major gold producers, but historically at least, and to Canadian investors, that has been a strength rather than a weakness. @Edison revised its earnings estimate for FY21 by no more than 0.5% as Q3 financial and operational results were broadly in line with its prior expectations. Wheaton declared a relatively generous dividend of US$0.15/share, representing a 25% increase on the prior year period.