Silver Wheaton Corp.

Silver Wheaton is the largest pure precious metals streaming company in the world. Based upon its current agreements, forecast 2015 estimated annual attributable production is approximately 43.5 million silver equivalent ounces, including 230,000 ounces of gold. By 2019, estimated annual attributable production is anticipated to increase significantly to approximately 51 million silver equivalent ounces, including 325,000 ounces of gold. This anticipated growth is expected to be driven by the Company’s portfolio of low-cost and long-life assets, including precious metal and gold streams on Vale’s Salobo mine and Hudbay’s Constancia project.

Expert Comments:

Jefferson Research (8/21/15)
"Silver Wheaton Corp. is showing strong earnings quality and cash flow quality. . .the primary reason the overall rating improved during Q2/15 was an improvement in the balance sheet rating due to strengthening receivable and inventory positions. Another factor in the upgraded overall rating was a stronger earnings quality rating."

Cosmos Chiu, CIBC World Markets (8/13/15)
"Silver Wheaton Corp. reported a mostly in line Q2/15 with EPS/CFPS/production/sales of $0.13/$0.27/10.9 Moz/10 Moz versus our estimates of $0.13/$0.25/10.4 Moz/9.5 Moz. The company ended the quarter with $72M in cash."

Ash Guglani, Salman Partners (8/12/15)
"Silver Wheaton Corp. reported its Q2/15 results with earnings of $0.13 per share, in-line with our estimate of $0.136 per share and the street consensus of $0.13 per share. . .Hudbay's Constancia achieved commercial production on April 30. . .Goldcorp's Penasquito reported 34% quarter-over-quarter increase in silver production. . .Primero's San Dimas reached an average of 2,816 tpd in Q2/15. . .we maintain our Top Pick recommendation and target price of CA$31/share."

Trevor Turnbull, Scotia Capital (8/12/15)
"Silver Wheaton Corp. reported output and revenue growth quarter over quarter that exceeded our Q2/15 silver equivalent production estimates by 11% and sales by 26%. The higher revenue helped EPS to $0.13, thereby beating our earnings estimate of $0.12/share."

Phil Russo, Raymond James (8/12/15)
"We reiterate our Outperform rating and $25.50 target price on Silver Wheaton Corp.; in Q2/15, the company's portfolio continued to deliver silver equivalent ounce production above expectations with contributions from the larger stake in Salobo and commercial production at Constancia supporting results. Positively, Silver Wheaton made inroads into repayment of its outstanding debt during Q2/15, improving its financial position in relation to its lower-debt peers."

John Bridges, J.P. Morgan (8/11/15)
"Silver Wheaton Corp.'s Q2/15 EPS of $0.13 was similar to the Bloomberg consensus. . .the company reiterated its 43.5 Moz silver equivalent production guidance for the year. . .silver production of 7.2 Moz during the quarter exceeded our expectations by 11%."

More Expert Comments

Experts Commenting on This Company

Mary Anne Aden, Co-Editor and Publisher – Pamela Aden Research
Pamela Aden, Co-Editor and Publisher – Aden Forecast
Ralph Aldis, Portfolio Manager, Gold and Natural Resources – U.S. Global Investors
Michael Berry, Writer Disruptive Discoveries Journal
Chris Berry, Founder – House Mountain Partners LLC.
John Bridges, Analyst – J.P. Morgan
Doug Casey, CEO / Chair – Casey Research
Cosmos Chiu, Executive Director of Precious Metals Equity Research – CIBC World Markets
Jeff Clark, Senior Editor – Casey Research
Adrian Day, Founder – Adrian Day Asset Management
Charles Gibson, Director, Mining – Edison Investment Research
Michael Gray, Analyst – Macquarie Capital Markets
Doug Groh, Senior Research Analyst – Tocqueville Asset Management L.P.
Ash Guglani, Analyst – Salman Partners
John Hathaway, Senior Managing Director – Tocqueville Asset Management L.P.
Frank Holmes, Chairman – U.S. Global Investors
Michael Jalonen, Precious Metals Analyst – Merrill Lynch
Louis James, Analyst – Casey Research
Andrew Kaip, Analyst – BMO Capital Markets
Jeff Killeen, Analyst – CIBC World Markets
Pierre Lassonde, President – Franco-Nevada Corp.
Chris Mancini, Research Analyst – Gabelli Gold Fund
David Morgan, Publisher – Silver Investor
Shane Nagle, Analyst – National Bank Financial
Charles Oliver, Senior Portfolio Manager – Sprott Asset Management
Gwen Preston, Founder – Resource Maven
Ralph Profiti, Analyst – Credit Suisse
Dan Rollins, Analyst – RBC Capital Markets
Rick Rule, Chairman – Sprott Global Resource Investments Ltd.
Phil Russo, Research Associate – Raymond James
David H. Smith, Analyst –
Porter Stansberry, Pres & CEO – Stansberry Research
Alex Terentiew, Mining Analyst – Raymond James
Trevor Turnbull, Analyst – Scotia Capital
Josh Wolfson, VP, Senior Analyst Gold & Precious Metals – Dundee Capital Markets

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
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