Wheaton Precious Metals / WPM (TSX, NYSE)

Upps da habe ich im Gegensatz zu Vizsla Silver aber Glück gehabt.

Hatte meine Position vor ein paar Tagen für 61,71 C$ gegeben.

Aktuell 54,43 € minus 9%

Zwei Minen haben die Minderproduktion von zwei anderen ausgeglichen.

Der größte Happen bei WPM im Portfolio ist auch über 25% groß.

Wie das enden kann hat man bei FNV gesehen.

VZLA zerlegt es heute mit knapp 13% Kursverlust. Rest ist stabil

LG Vatapitta

INTEGRA ANNOUNCES SALE OF 1.5% ROYALTY INTEREST IN DELAMAR PROJECT TO WHEATON PRECIOUS METALS FOR CASH CONSIDERATION OF US$9.75 MILLION, by @newswire

TSXV: ITR; NYSE American: ITRG www.integraresources.com

ceo.ca

INTEGRA ANNOUNCES SALE OF 1.5% ROYALTY INTEREST IN DELAMAR PROJECT TO WHEATON PRECIOUS METALS FOR CASH CONSIDERATION OF US$9.75 MILLION

Wheaton Precious Metals Announces Solid 2023 Annual Results and Transition to Progressive Dividend Policy

Wheaton Precious Metals Announces Solid 2023 Annual Results and Transition to Progressive Dividend Policy, by @newswire

Designated News ReleaseFOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS

ceo.ca

"With a record eight acquisitions totalling just over $1 billion in commitments, we bolstered our growth strategy in 2023, enhancing our production profile and supporting our long-term, growth forecast of approximately 40% over the next five years," said Randy Smallwood, President and Chief Executive Officer of Wheaton Precious Metals. "Our diversified portfolio of long-life, low-cost assets continued to deliver solid operating results, and we are pleased to have met our annual production guidance, achieving approximately 620,000 gold equivalent ounces. Furthermore, we have now recouped over 100% of the value of our initial upfront investments since inception, an accomplishment which is particularly noteworthy given the significant reserve and resource base underpinning our portfolio, supporting decades of forecasted remaining mine life. To reinforce our confidence in the sustainability and growth potential of Wheaton, we are pleased to announce a transition to a new progressive dividend policy, marked by an increase in our 2024 annual dividend. As we embark on what we anticipate being a phase of substantial and meaningful growth, our dedication to deploying capital in a manner that generates value for not only our shareholders, but also our partners and communities, remains unwavering."

Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its first quarterly cash dividend payment for 2024 of US$0.155 per common share, an increase from the fourth quarterly cash dividend payment for 2023 of US$0.15 per common share.

Amendment to Dividend Policy

The Company has revised its dividend policy, transitioning from distributing 30% of the average of the previous four quarters' operating cash flows to shareholders, to adopting a progressive dividend policy marked by an increase to our 2024 annual dividend.

https://seekingalpha.com/article/4678719-wheaton-precious-metals-buy-the-dips

Zitat

Summary

Wheaton Precious Metals had another solid year from a financial standpoint despite the setback at Penasquito given its superior business model that's allowed it to increase its margins in what's been a tough three-year stretch for the overall sector. More importantly, though, Wheaton is set up to report record annual earnings per share [EPS] and cash flow per share in FY2024, with further growth in 2025 as key assets come online. And looking out longer term, Wheaton has an enviable organic growth profile for a company of its size, with the potential to hit the 900,000 GEO mark in FY2029 (FY2023: ~619,600 GEOs) as several new streaming assets begin production and with the help of another few acquisitions in the period.

Even assuming no further upside in gold and silver prices ($2,125/oz gold and $25.00/oz silver), this would translate to over US$3.00 in cash flow per share, translating to a fair value of US$90.00 at a cash flow multiple of 30, which I think could easily be justified by a royalty/streamer of that scale with a solely precious metals focus. So, for long-term investors looking for a low-risk way to add precious metals to one's portfolio combined with consistent dividend growth, I would view any pullbacks in WPM below US$42.50 as buying opportunities.