Wheaton Precious Metals Reports Record Q2 Results, Reaffirms Growth Outlook

Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) announced record financial results for the second quarter of 2026, with revenue surging 85% year-over-year to $929 million. Net earnings climbed 86% to $543 million, while operating cash flow rose 57% to $650 million. The company attributed the strong performance to higher production and the contribution from its expanded silver stream at Antamina, as well as other growth assets.

Attributable production increased 6% to 202,229 gold equivalent ounces (GEOs), driven by the Antamina acquisition and contributions from several growth projects. The company declared a quarterly dividend of $0.195 per share, increased its revolving credit facility to $2.5 billion, and ended the quarter with approximately $2.6 billion in available liquidity. These results demonstrate the resilience and efficiency of Wheaton's streaming business model, which provides investors with leverage to commodity prices while mitigating the operational risks of traditional mining.

Wheaton maintained its 2026 production guidance of 860,000 to 940,000 GEOs and reaffirmed its long-term outlook for annual production to grow about 50% to 1.2 million GEOs by 2030. The company continues to expand its portfolio through new streaming and royalty agreements, including those covering the Jervois, Spanish Mountain, and Cipango projects. Additionally, construction and development progress across multiple growth assets, such as Platreef, Koné, Kurmuk, Mineral Park, and El Domo, is on track, positioning the company for sustained long-term growth.

The record financial results and reaffirmed guidance highlight Wheaton's ability to generate substantial cash flows and return capital to shareholders while pursuing accretive growth opportunities. The company's strong balance sheet and liquidity position provide flexibility to fund ongoing development and pursue further acquisitions. As a leading precious metals streaming company, Wheaton offers a unique investment proposition that combines commodity price upside with lower risk compared to traditional miners. The company's commitment to strong ESG practices and community engagement further enhances its appeal to investors seeking sustainable value creation.

For more details on the full press release, visit https://ibn.fm/sOxPD. To stay updated on Wheaton Precious Metals, visit their newsroom at https://ibn.fm/WPM.