Oat_Phawat Triple Flag Precious Metals Corp (NYSE:TFPM) reported its first quarter results, highlighted by strong growth and climbing profitability. The timing of an ongoing ramp-up in gold-equivalent ounces (GEOs) sales from the group’s streaming and royalties portfolio has benefited from the favorable metals pricing environment. Shares of TFPM have returned 25% year to date, outperforming…
tifonimages/iStock via Getty Images 2023 was another tough year for the precious metals sector, with a few of the larger gold and producers missing their guidance midpoints and reporting higher than expected costs overall. However, royalty/streaming companies like Wheaton Precious Metals (NYSE:WPM) have continued to put up phenomenal results, with this being despite setbacks at…
La_Corivo Introduction Pan American Silver (NYSE:PAAS) is one of my favorite silver miners. Since Yamana’s acquisition, the company has added quality assets, considerably expanding its reserves and resource base. PAAS assets are in countries with relatively low political risk in the Western Hemisphere. Besides that, the revenue per country does not exceed 25%. 3Q23 production…
AlexSava/E+ via Getty Images Dundee Precious Metals (TSX:DPM:CA) (OTCPK:DPMLF) is a Canadian intermediate gold miner. It has a market capitalization of $1.15 billion, no debt and over $500 million in cash. The company owns producing assets in Bulgaria, specifically the Chelopech and Ada Tepe mines. In addition, it owns the Timok project in neighboring Serbia,…
Olivier Le Moal We’re nearing the end of the Q3 Earnings Season for the Gold Miners Index (GDX) and one of the most recent companies to report its results was Wheaton Precious Metals (NYSE:WPM). Overall, the company had a solid quarter given the impact of significantly lower sales from its Penasquito silver stream related to…
Wheaton Precious Metals Corp. (NYSE:WPM) Q3 2023 Results Conference Call November 10, 2023 11:00 AM ET Company Participants Emma Murray – VP, IR Randy Smallwood – President and CEO Gary Brown – SVP and CFO Haytham Hodaly – SVP, Corporate Development Wes Carson – VP, Mining Operations Conference Call Participants Richard Hatch – Berenberg Tanya…
MATJAZ SLANIC A Buy Rating for the abrdn Physical Precious Metals Basket Shares ETF This analysis recommends a Buy rating for the abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR), which is a US-listed exchange-traded fund that invests in physical bullion of precious metals held in secured vaults in the UK and Switzerland. The ETF…
RHJ Source: Own Processing Precious metals royalty and streaming companies represent a very interesting sub-industry of the precious metals mining industry. They provide some leverage to the growing metals prices, similar to the typical mining companies; however, they are less risky in comparison to them. Their incomes are derived from royalty and streaming agreements. Under…
surachetsh We’re more than halfway through the Q2 Earnings Season for the precious metals sector and the results have been mediocre on balance, with higher operating costs and lower than planned production partially offsetting the record gold price enjoyed in the period. Fortunately, the royalty/streaming companies have fared better, with Triple Flag Precious Metals (TFPM)…
Lemon_tm Introduction Wheaton Precious Metals Corporation (NYSE:WPM) is a long-time favorite of mine, so be warned I am a tad bias towards it. In September 2009, we paid the princely sum of $28.80 which I thought was fair value at the time. Today, we will have a quick look at WPM’s position in this sector…