Wheaton Precious Metals reports record third-quarter revenue and earnings
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Wheaton Precious Metals Corp. reported record third-quarter revenue of $476.0 million for 2025, up $168.0 million year-over-year. Net earnings reached $367.0 million, with adjusted net earnings at $281.1 million. Operating cash flow was $383.0 million for the quarter, totaling $1,158.7 million for the first nine months, a 63.6% increase. Average cash costs were $480 per gold equivalent ounce, with a cash operating margin of $2,667. The company reaffirmed its annual production guidance of 600,000 to 670,000 gold equivalent ounces.
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