The Vancouver-based precious metals streaming leader reported adjusted per-share earnings of 29.3c per share, down from 33.3 cents a year earlier, and missing average analyst earnings estimates for 31c per share.
Wheaton reported a 2.8% year-on-year drop in quarterly revenue to $278.2 million, impacted by the reduced volume of gold sales.
However, the annual production figure came in slightly above the midpoint of yearly guidance at an attributable 752,958 gold equivalent ounces (GEOs). That figure translates to 342,546 oz. of gold and 26 million oz. of silver.
“Wheaton generated record annual revenue and operating cash flow in 2021 as our diversified portfolio of high-quality, long-life assets delivered strong results,” said Smallwood. “We are proud of the value we could return to our shareholders, resulting from our record-setting performance. Total dividends paid in 2021 increased by over 35% from 2020.”
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