Wheaton Precious Metals stock follows strong Q3 and steady outlook
Published on 11/10/2026 at 17:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStrong quarter, unchanged outlook
- Third-quarter revenue rose 62% year over year to USD 772 million.
- Gold-equivalent production increased 13% to 231,000 ounces.
- Management retained its 2026 production guidance of 860,000 to 940,000 gold-equivalent ounces.
Wheaton Precious Metals reported record nine-month performance after the market close on Thursday, November 5, while keeping its 2026 production outlook unchanged. The company said its growth pipeline advanced through milestones at Koné, Copper World, Platreef and other development assets.
Revenue and production accelerate
According to PR Newswire, third-quarter revenue reached USD 771.7 million, up 62.0% from the prior-year period. Net earnings increased 11.7% to USD 410.2 million, while adjusted net earnings rose 45.8% to USD 409.8 million. Operating cash flow advanced 68.4% to USD 644.9 million.
Attributable gold-equivalent production rose 13.3% to 230,965 ounces. Sales increased 18.8% to 192,270 gold-equivalent ounces, helped by the expanded Antamina stream and contributions from Hemlo, Fenix, Platreef and Mineral Park. The average realized price per gold-equivalent ounce increased 36.4% year over year.
Guidance remains intact
Wheaton retained its 2026 production forecast of approximately 860,000 to 940,000 gold-equivalent ounces, including 400,000 to 430,000 ounces of gold and 27 million to 29 million ounces of silver. The company also continues to forecast annual production of about 1.2 million gold-equivalent ounces by 2030.
The balance sheet showed USD 146 million of cash and USD 1.6 billion of bank debt at September 30. Wheaton repaid USD 372 million of its revolving credit facility during the quarter and declared a quarterly dividend of USD 0.195 per common share.
Stock context for investors
Wheaton Precious Metals stock traded at EUR 123.75 on Lang & Schwarz at 17:04 CET on Tuesday, November 10, 2026. That was 2.51% below the EUR 126.93 quote cited in the latest relevant in-house report at 08:50 CET the same day, a separate comparison from any Xetra session performance.
Wheaton Precious Metals
- Company: Wheaton Precious Metals Corp.
- ISIN: CA9628791027
- Ticker: WPM
- Lang & Schwarz quote: EUR 123.75 at 17:04 CET on November 10, 2026
- Change from latest in-house report: 2.51% lower than EUR 126.93 at 08:50 CET on November 10, 2026
Canadian equities remain sensitive to movements in metals prices and mining sentiment; investors can follow the S&P/TSX Composite for the broader market backdrop.
