Wheaton Precious Metals stock: CEO sees USD 4 billion for deals

Wheaton Precious Metals President and CEO Haytham Hodaly said the company expects to repay its debt and have USD 4 billion available for new deals by the end of 2027. The comments were reported by The Northern Miner after an interview with Hodaly at the Mining Forum Americas in Colorado Springs.

Wheaton Precious Metals stock traded at 107.08 euros on Lang & Schwarz at 12:39 p.m. CET on Friday, October 30, 3.18 percent below the Xetra close of Thursday, October 29. The comparison uses the Xetra close of 110.60 euros. The move places the quote below the previous Xetra session's level as investors assess the company's balance-sheet demands and growth options.

Debt reduction supports deal capacity

Hodaly said Wheaton is generating more than USD 250 million in free cash flow each month and carries USD 1.9 billion in net debt. The planned deal capacity includes borrowing available through the company's credit lines, rather than representing cash already committed to a transaction.

That distinction matters for investors. Management outlined financial room for future streaming agreements, but no acquisition was announced in the interview. Wheaton funds mining companies upfront in exchange for rights to future deliveries of precious-metals byproducts, allowing it to gain exposure without operating the mines directly.

Hodaly pointed to large copper projects in Latin America as possible openings, while ruling out the purchase of copper streams. Higher commodity prices could help mining companies unlock value in existing portfolios, creating potential demand for Wheaton's financing model.

Results will test cash generation

Wheaton will release its 2026 third-quarter results after the market close on Thursday, November 5. The company said in its official announcement that a conference call will follow on Friday, November 6, at 11:00 a.m. Eastern Time.

The report should give investors a fresh view of operating cash flow, debt repayment and the pace at which available financing capacity could support new streams. The central question is whether cash generation can reduce leverage while preserving flexibility for accretive transactions.

For the real-time quote of Wheaton Precious Metals stock, investors can monitor the next market session as the company approaches its results date.

The Canadian equity market provides the broader backdrop for Wheaton's TSX listing; see current market reports.

Further developments will depend on the third-quarter figures and management's update on debt reduction, free cash flow and potential streaming opportunities. More news and analyses on Wheaton Precious Metals stock are available in the company topic.