PRECIOUS METALS
The world’s largest precious metals streaming firm Wheaton Precious Metals (WPM) has reported a 20% year-on-year drop in profit, as lower attributable production and lower metals prices weighed on the bottom line.
For the three months ended September, the Vancouver-based company recorded net profit of $67-million, or $0.15 a share, compared with $83-million, or $0.19 a share in the same period a year earlier. The result was on par with the average forecast of 13 analysts expecting earnings of $0.15 a share.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access