Wheaton Precious Metals (TSE:WPM) has released an update.
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Wheaton Precious Metals has reported a robust second quarter in 2024, with a record operating cash flow of $234 million contributing to an impressive first-half total over $450 million. The company is on track to meet its annual production guidance, having already produced approximately 305,000 gold equivalent ounces. These strong financials are underpinned by a solid balance sheet featuring a $540 million cash balance, no debt, and a thriving asset base with ongoing construction projects poised to bolster future production.
For further insights into TSE:WPM stock, check out TipRanks’ Stock Analysis page.