Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells gold, silver and palladium minerals. It has agreements for 20 operating mines and 9 development stage projects.
The company reported adjusted earnings of 33 cents per share in the fourth quarter of 2020 final figure that increased 100.6% year-on-year, generated revenue of $ 286M during the reported quarter, up 28.2% year-on-year. This advantage was driven by a 33% increase in the average price equivalent to realized gold.
The company is coming off a 40% decline, setting its price at $ 34, a key area where it has bounced in recent weeks.
- Cash $ 104M in 2020 - Dividend Y / Y + 30% - LT Debt / eq 0.03
Technical: Low levels of RSI Oversold 16% below MA50 Support at $ 34