Wheaton Precious Metals (TSE:WPM) has released an update.
Wheaton Precious Metals has reported a strong first quarter in 2024, with a revenue of $297 million and operating cash flow of $219 million, marking significant increases from the previous year. The company has no debt and a healthy cash balance, alongside an undrawn $2 billion credit facility, positioning it well for continued investment in growth opportunities. Wheaton’s production increased by 19% due to developments in its mining projects and is aiming for a 40% production growth by 2028.
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