Overview
Wheaton Q2 2025 revenue hits record $503 mln, up 68% yr/yr
Adjusted net earnings reach record $286 mln, reflecting strong performance
Co highlights commercial production at Blackwater and first gold pour at Goose
Outlook
Wheaton expects 2025 annual production to increase 40% to 870,000 gold equivalent ounces
B2Gold's Goose project to reach commercial production in Q3 2025
Artemis Gold's Blackwater mine to finalize Phase 2 design by year-end 2025
Result Drivers
BLACKWATER PRODUCTION - Commencement of commercial production at Blackwater mine contributed to revenue growth
GOOSE GOLD POUR - First gold pour at Goose project marked a milestone in production expansion
INCREASED SALES - 28% increase in gold equivalent ounces sold boosted revenue
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$503.22 mln
Q2 EPS
$0.643
Q2 Net Income
$292.27 mln
Q2 Basic EPS
$0.644
Q2 EBIT
$329.70 mln
Q2 Pretax Profit
$338 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the gold peer group is "buy"
Wall Street's median 12-month price target for Wheaton Precious Metals Corp is C$144.00, about 5.9% above its August 6 closing price of C$135.47
Press Release: ID:nPn14wyNNa
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)