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Rockcliffe Capital Initiates Research Coverage on Wheaton Precious Metals Corp. (NYSE/TSX: WPM)
TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- Rockcliffe Capital is pleased to announce today the in...
About this update from Wheaton Precious Metals Corp
[{"type":"text","content":"Rockcliffe Capital Initiates Research Coverage on Wheaton Precious Metals Corp. (NYSE/TSX: WPM)\n\n\n\n TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- Rockcliffe Capital is pleased to announce today the initiation of equity research coverage on\n \n Wheaton Precious Metals Corp. (TSX/NYSE: WPM)\n \n , the world's premier precious metals streaming company known for its top-tier asset portfolio, strong balance sheet, and robust cash flow generation.\n \n\n Following extensive operational and fundamental analysis, Rockcliffe Capital’s research team highlights Wheaton’s unique position in the global metals streaming sector, underpinned by a low- risk, high-return growth model and industry-leading margins.\n \n\n “Wheaton delivers record financial results with exceptionally clean leverage and a rich growth runway,” said Felix Gelt, Managing Director of Research at Rockcliffe Capital. “The Q1 beat — driven by $470 M in revenue, $254 M net earnings, and $361 M operating cash flow — underscores the strength of its streaming model and disciplined approach to capital deployment.”\n \n\n\n Investment\n \n\n Thesis\n \n\n Highlights:\n \n\n\n\n\n Record Q1 2025 Performance:\n \n\n\n Revenue: $470 M, +59% YoY\n \n\n\n Net Earnings: $254 M, +55% YoY\n \n\n\n Operating Cash Flow: $361 M, +64% YoY\n \n\n\n\n\n\n Balance Sheet Powerhouse:\n \n\n\n\n $1.1 B in cash, zero debt, undrawn $2 B revolving credit facility\n \n\n\n Allows flexibility for bolt-on streams, dividends, and share buybacks\n \n\n\n\n\n\n High-Quality\n \n\n Assets\n \n\n &\n \n\n Growth\n \n\n Pipeline:\n \n\n\n\n Streams on 18 producing mines and 28 development projects\n \n\n\n Notable operational drivers: Salobo, Blackwater’s commercial production, plus Goose, Platreef, and Mineral Park all slated online by 2025 year-end\n \n\n\n\n\n Dividend Resilience:\n \n\n\n\n Q1 dividend of\n \n US$0.165/share\n \n declared\n \n\n\n Solid FCF supports steady distribution to shareholders\n \n\n\n\n\n ESG\n \n\n Leadership:\n \n\n\n MSCI AAA, Sustainalytics top-rated, named to Corporate Knights’ Global 100 Most Sustainable Corporations\n \n\n\n\n\n\n Valuation\n \n\n &\n \n\n Target:\n \n\n Rockcliffe Capital’s internal base-case scenario supports a\n \n 12-month share price target of US$155\n \n , reflecti...