Wheaton Precious Metals stock slips after record nine-month results

Published on 11/11/2026 at 16:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wheaton Precious Metals stock trades above the latest Xetra close after record nine-month results. Management kept its production outlook unchanged.

Record results meet project progress

Wheaton reported record nine-month revenue, earnings and operating cash flow for 2026.
Management maintained its full-year production outlook and the longer-term 2030 target.
Koné and Copper World advanced as notable milestones in the streaming portfolio.

WPM, CA9628791027, Illustration mit AI erstellt.

Wheaton Precious Metals reported record performance for the first nine months of 2026 and maintained its full-year production outlook in results released on November 5. The company also pointed to progress at several projects in its streaming portfolio.

Wheaton Precious Metals stock traded at 123.08 euros on Lang & Schwarz at 16:45 CET on Wednesday, November 11, 2026, 0.47 percent above the Xetra close of Tuesday, November 10, 2026, at 122.50 euros. Compared with the 124.75-euro quote in the latest AD HOC NEWS report at 14:03 CET the same day, the stock was down 1.34 percent.

Revenue and cash flow set records

According to the PR Newswire release carried by Fidelity, third-quarter revenue rose 62.0 percent year over year to 771.7 million US dollars. Net earnings increased 11.7 percent to 410.2 million US dollars, while operating cash flow advanced 68.4 percent to 644.9 million US dollars.

For the nine months ended September 30, revenue reached 2.6 billion US dollars, net earnings 1.5 billion US dollars and operating cash flow 2.1 billion US dollars. Gold-equivalent production rose 13.3 percent year over year to 230,965 ounces, while sales increased 18.8 percent to 192,270 ounces.

Outlook stays unchanged

Management kept its 2026 production guidance at 860,000 to 940,000 gold-equivalent ounces. The range includes 400,000 to 430,000 ounces of gold, 27 million to 29 million ounces of silver and 19,000 to 21,000 gold-equivalent ounces from other metals.

Wheaton also retained its target of approximately 1.2 million gold-equivalent ounces of annual production by 2030. The company highlighted the first gold pour at Montage Gold's Kone project and Hudbay's approval of construction at Copper World as milestones supporting future growth.

The quarterly dividend was set at 0.195 US dollars per common share. The company reported 146 million US dollars in cash and 1.6 billion US dollars of bank debt at September 30.