Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) reported record financial results for 2025, with annual revenue reaching $2.3 billion, net earnings of $1.5 billion, and operating cash flow of $1.9 billion. The company also achieved record quarterly results in the fourth quarter, driven by strong contributions from its cornerstone assets, including Salobo, Antamina, and Peñasquito, as well as the ramp-up of Blackwater and Goose.
Attributable production for the year totaled 689,864 gold equivalent ounces, surpassing the upper end of the company's 2025 guidance. This performance underscores the effectiveness of Wheaton's streaming model, which provides low-cost exposure to precious metals from high-quality, long-life mines. The company's robust financial position is further reflected in its $1.2 billion cash balance, which provides flexibility for future growth.
Wheaton also expanded its streaming portfolio during the year through new agreements related to the Spring Valley project in Nevada and the Hemlo mine in Ontario. Subsequent to year-end, the company announced a major streaming transaction with BHP related to silver production at the Antamina mine in Peru. These strategic moves highlight Wheaton's ability to secure accretive deals that add long-term value for shareholders.
The company's commitment to responsible mining practices is evident in its due diligence processes, aiming to unlock value while supporting the broader mining industry. Wheaton's shares are listed on the Toronto Stock Exchange, New York Stock Exchange, and London Stock Exchange under the symbol WPM.
For more details, the full press release is available at https://ibn.fm/TQK94. Investors can also access the latest news and updates in the company's newsroom at https://ibn.fm/WPM.
