Stock Monitor: Coeur Mining Post Earnings Reporting

LONDON, UK / ACCESSWIRE / April 24, 2018 / Active-Investors.com has just released a free earnings report on Wheaton Precious Metals Corp. (NYSE: WPM). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=WPM. The Company released its fourth quarter fiscal 2017 (Q4 FY17) and full year fiscal 2017 (FY17) earnings on March 21, 2018. The Vancouver, Canada-based Company' reported a year-over-year growth in its quarterly adjusted earnings, outperforming market consensus estimates. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Coeur Mining, Inc. (NYSE: CDE), which also belongs to the Basic Materials sector as the Company Wheaton Precious Metals. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Wheaton Precious Metals most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

During the Q4 FY17, Wheaton Precious Metals reported total sales of $242.55 million, which came in at 6.2% lower than the $258.49 million reported in Q4 FY16. However, total sales number topped market expectations of $216.52 million for Q4 FY17. Additionally, the Company's gross margin increased to $95.44 million in Q4 FY17 from $93.31 million in the last year's comparable quarter.

The precious metals streaming Company reported net loss of $137.71 million, or $0.31 loss per diluted share, in Q4 FY17 versus net earnings of $10.87 million, or $0.02 per diluted share, in the prior year's same quarter. The Company's adjusted earnings came in at $82.32 million, or $0.19 per diluted share, for Q4 FY17 compared to $81.87 million, or $0.19 per diluted share, in Q4 FY16. Meanwhile, Wall Street had expected the Company to report adjusted earnings of $0.16 per diluted share.

In FY17, Wheaton Precious Metals' total sales fell during FY17 to $843.22 million from 891.56 million in FY16. The Company's net earnings were $57.70 million, or $0.13 per diluted share, for FY17 compared to $195.14 million, or $0.45 per diluted share, in FY16. Moreover, the Company's adjusted earnings increased to $276.75 million, or $0.63 per diluted share, during FY17 from $266.14 million, or $0.62 per diluted share, in FY16.

Segment

The Company's silver production volume was 7.21 million ounces during Q4 FY17, compared to 7.59 million ounces in Q4 FY16. In the reported quarter, total silver sales volume was 7.29 million ounces compared to 7.51 million ounces in Q4 FY16. Average silver released price was $16.75 per ounce in Q4 FY17 versus $16.95 per ounce in the prior year's comparable quarter. Total silver sales stood at $122.17 million for Q4 FY17 compared to $127,210 million in Q4 FY16. Furthermore, the Company reported gross margin and net loss of $54.15 million and $174.53 million, respectively, in the silver segment during Q4 FY17 compared to gross margin and net earnings of $53.23 million, each, in the previous year's same quarter.

In Q4 FY17, Gold production volume fell 13.6% to 96,474 ounces from 111,664 ounces in the year ago same quarter. Gold sales volume also declined to 94,295 ounces in Q4 FY17 from 108,931 ounces in the prior year's corresponding quarter. In Q4 FY17, average gold realized price was $1,277 per ounce compared to $1,205 per ounce in Q4 FY16. Gold sales contributed $120.38 million to the Company's total sales in Q4 FY17 compared to $131.28 million in Q4 FY16. In the reported quarter, gold's gross margin and net earnings were $41,289 million, each, compared to gross margin of $40.09 million and net loss of $30.92 million in Q4 FY16.

Cash Flow and Balance Sheet

In the three months ended December 31, 2017, net cash generated by operating activities fell to $165.08 million from $174.70 million in Q4 FY16. As on December 31, 2017, cash and cash equivalents balance stood at $98.52 million compared to $124.30 million as on December 31, 2016. Furthermore, the Company's bank debt outstanding as on December 31, 2017, was $770.00 million compared to $1.19 billion as on December 31, 2016.

Earnings Outlook

In its guidance for full year FY18, Wheaton Precious Metals anticipates silver production to be 22.5 million ounces, while gold production is anticipated at 355,000 ounces.

Stock Performance Snapshot

April 23, 2018 - At Monday's closing bell, Wheaton Precious Metals' stock declined 1.27%, ending the trading session at $21.04.

Volume traded for the day: 1.71 million shares.

Stock performance in the last month ? up 4.42%; and previous six-month period ? up 1.89%

After yesterday's close, Wheaton Precious Metals' market cap was at $9.54 billion.

Price to Earnings (P/E) ratio was at 160.61.

The stock has a dividend yield of 1.71%.

The stock is part of the Basic Materials sector, categorized under the Silver industry. This sector was flat at the end of the session.

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