FridayMay 17, 2024 2:15 pm

QualityStocksNewsBreaks – Wheaton Precious Metals Corp. (Canada) (NYSE: WPM) Releases Q1 2024 Financial, Operational Report

Wheaton Precious Metals Corp. (Canada) (NYSE: WPM), the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets, is reporting on its first-quarter 2024 results. Highlights of the report show Q1 2024 revenue of $297 million in revenue along with $219 million in operating cash flow, $164 million in net earnings and $164 million in adjusted net earnings; the company also declared a quarterly dividend $0.155 per common share. In addition, the company has no debt and reported a cash balance of $306 million and an undrawn $2 billion revolving credit facility at the end of the quarter, the period ending March 31, 2024. The report noted that…

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