- On Thursday, streaming company Wheaton Precious Metals reported that in Q3 2023, the company generated $223 million in revenue, $171 million in operating cash flow, $116 million in net earnings and $121 million in adjusted net earnings.
Importantly, Wheaton noted that its cash operating margin in Q3 2023 amounted to $1,457 per GEO sold, an increase of 25% as compared with the third quarter of 2022, - a result of the higher realized price per ounce. Wheaton also maintained its average annual production guidance for 2023 of 600,000 to 660,000 GEOs and declared a quarterly dividend of $0.15 per common share.
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