Wheaton Precious Metals Corp.

Wheaton Precious Metals Corp.

Wheaton Precious Metals Corp.

Overview
Date Founded

2004

Headquarters

1021 West Hastings Street,Suite 3500,Vancouver, BC V6E 0C3

Type of Company

Public

Employees (Worldwide)

38

Industries

Non-Energy Mining & Minerals
Metal Manufacturing & Products

Company Description

Wheaton Precious Metals Corp. engages in the exploration and production of precious metal properties. Its project portfolio includes Salobo, Peñasquito, San Dimas, Antamina, Sudbury, Constancia, Zinkgruvan, Yauliyacu, Neves-Corvo, Minto, Pascua-Lama, Rosemont, and other existing streaming agreements. It operates through the following segments: Silver, Gold, and Corporate. The company was founded by Peter Derek Barnes in 2004 and is headquartered in Vancouver, Canada.

Executives & Employees

Senior Vice President & Chief Financial Officer

Senior Vice President, Investor Relations

Senior Vice President, Legal & Corporate Secretary

Senior Vice President, Corporate Development

Vice President, Mining Operations

Vice President, Controller

Director of Engineering

Director, Investor Relations

Vice President-Technical Services

Board of Directors

Vice Chairman of the Board & Lead Director at Goldcorp, Inc.

Founding Member at Wheaton Precious Metals Corp.

Former Managing Director & Head-Industry Mining Group at Scotia Capital, Inc.

Former Senior Mining Analyst & Partner at Genuity Capital Markets

Chief Executive Officer at Marigold Mining Co.

Former President at Wittington Properties Ltd.

Chief Financial Officer & Senior Vice President at Nexen Energy ULC

Advisor at Mercator Minerals Ltd.

Paths to Wheaton Precious Metals Corp.
Potential Connections via
Relationship Science
You
Wheaton Precious Metals Corp.
Owners & Shareholders
Details Hidden

First Eagle Investment Management (FEIM) s a global, value-oriented investment manager that seeks to produce consistent absolute returns over the long-term without regard for industry benchmarks. They construct well-diversified portfolios through cautious security selection with an emphasis on risk aversion. The firm focuses on investments with a substantial margin of safety, healthy balance sheets and clear business models. First Eagle employs bottom-up security analysis that is independent of broad market conditions or industry trends and focuses on downside protection. FEIM currently manages the following primary investment strategies: Global Value & International Value; High Yield; US Opportunities, Multi-Asset Absolute Return; International Small Cap Value; World Opportunities; and Tail Hedge.

Details Hidden

Templeton Global Advisors offer equity strategies designed to identify stocks that are significantly undervalued in markets around the world. The strategies are managed according to the firm's investment philosophy, which is based on three tenets: value, patience, and bottom-up stock selection. Templeton Global Advisors' main investment strategies include: Global Equity, Non-US Equity, and Balanced. The Templeton Global Equity Group manages global, regional and single country equity products. Templeton Global Advisors' Global Equity and Non-US equity strategies seek long-term capital appreciation. When choosing equity investments, the firm applies a bottom-up, value-oriented, long-term approach, focusing on the market price of a company’s securities relative to their evaluation of the company’s long-term earnings, asset value and cash flow potential. The firm also considers a company’s price/earnings ratio, price/cash flow ratio, profit margins, liquidation value and various other metrics to determine the intrinsic value of a stock as a function of its long-term earnings potential, balance sheet health and projected cash-flow streams. The Global Equity strategy invests in the equity securities of companies of any nation, including emerging markets. The Non-US Equity strategy invests in equity securities of companies outside the US, including emerging markets. For their Global Balanced strategy, Templeton Global Advisors seeks income and long-term capital appreciation by investing at least 25% of the assets in fixed income senior securities and at least 25% of the assets in equity securities; at least 40% of the assets in non-US investments; and, in issuers located in at least three different countries (including the US). The firm seeks income by investing in a combination of corporate, agency and government bonds and other debt securities issued in numerous countries, including developing markets countries, as well as stocks that offer or could offer attractive dividend yields. Templeton Global Advisors seeks capital appreciation by investing in equity securities of companies from a variety of industries located anywhere in the world, including developing markets. Templeton Global Advisors analyzes global economic trends to identify global macro trends and evaluates market inefficiencies to identify investment opportunities.

Details Hidden

Van Eck Associates Corp. manages investments in hard assets, emerging markets, precious metals (including gold) and other specialized asset classes. The firm's mutual funds are designed to offer innovative diversification across asset classes with returns that have low correlations to traditional US equity and fixed-income investments. Van Eck also offers ETFs, separate accounts and alternative investments. The firm employs a top-down approach to identify attractive potential markets and sectors and then conducts bottom-up analysis of individual stocks. Their portfolios are benchmarked against indices based on the portfolio's investment types and geographic focus and client preferences.

Recent Transactions
Details Hidden

FireFox Gold Corp., Wheaton Precious Metals Corp. purchase Aurora Exploration Oy /Mustajärvi Gold Project from Aurora Exploration Oy

Details Hidden

Wheaton Precious Metals Corp. purchases Vale SA /Salobo Mine from Vale SA

Details Hidden

Wheaton Precious Metals Corp. issued Common Stock

Transaction Advisors
Legal Advisor

Advised onWheaton Precious Metals Corp. issued Common Stock

Lead Manager

Advised onWheaton Precious Metals Corp. issued Common Stock

Manager

Advised onWheaton Precious Metals Corp. issued Common Stock

Manager

Advised onWheaton Precious Metals Corp. issued Common Stock

Manager

Advised onWheaton Precious Metals Corp. issued Common Stock

Investment Banking

Advised onWheaton Precious Metals Corp. issued Common Stock

Advisors & Consultants
Legal Advisor

Partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP

Legal Advisor

Partner at Cassels Brock & Blackwell LLP

Clients

Chesapeake is focused on the exploration and development of precious metals projects in North America. Chesapeake's major project is its 100% owned Metates gold deposit located in Durango state, Mexico. Metates is one of the largest undeveloped gold and silver projects in the world. Independent Mining Consultants of Tucson, Arizona reported an updated NI 43-101 measured and indicated resource estimate of 19 million ounces of gold, 519 million ounces of silver and 4.2 billion pounds of zinc plus an inferred resource of 818,000 ounces gold, 21 million ounces silver and 130 million lbs of zinc. On a gold equivalent basis (gold-silver), Metates contains 27.9 million ounces of gold in measured and indicated material along with 1.2 million ounces in the inferred category. M3 Engineering & Technology of Tucson, Arizona completed a positive Preliminary Economic Assessment (“PEA”) of Metates at US$900 per ounce gold, US$18 per ounce silver and $1.00 per lb zinc. The PEA indicates a large 120,000 tpd open pit operation with a 20 year mine life. Annual gold equivalent production over the mine life is projected to average 1,158,000 ounces at a direct cost of US$434 per ounce including zinc credits. M3 expects to complete a pre-feasibility study on Metates in the first quarter in 2013. From opportunity, Chesapeake also recognizes that exploration success creates shareholder value. Our exploration is focused on gold projects that have the potential for district-scale success. Generative exploration has led to three potential bulk tonnage targets near Metates. Chesapeake plans to drill one of these prospects in 2013. Chesapeake's management and technical team have an exceptional track record. With Francisco Gold Corp., this team discovered El Sauzal and Marlin, two robust world-class gold mines now owned by Goldcorp Inc. in Mexico and Guatemala. Chesapeake is listed on the TSX Venture Exchange under the symbol CKG.

Key Stats and Financials As of 2017
Market Capitalization
$13.4B
Total Enterprise Value
$13.1B
Earnings Per Share
$0.17
Revenue
$1.09B
Enterprise Value Sales
12x
TEVNet Income
175.39x
Debt TEV
0.07x
Total Debt
$965M
Total Equity
$6.14B
Net Profit
$74.9M
EBITDAMargin
67.34%
Enterprise Value EBITDAOperating
17.82x
EBITDA
$737M
Five Year Compounded Annual Growth Rate Of Revenue
5.2%
Three Year Compounded Annual Growth Rate Of Revenue
16.91%
Suppliers
Goldcorp, Inc. Metal Manufacturing & Products | Toronto, ON

Goldcorp, Inc. engages in the exploration of gold and other minerals. The company operates through the following segments: Eleonore, Musselwhite, Porcupine, Red Lake, Penasquito, Cerro Negro, Pueblo Viejo, and Other. The company was founded by Robert Ross McEwen in 1986 and is headquartered in Vancouver, Canada.

Pan American Silver Corporation Non-Energy Mining & Minerals | Vancouver, BC

Pan American Silver Corp. engages in the production and sale of silver, gold, and base metals including copper, lead, and zinc. It operates through the following geographical segments: Peru, Mexico, Argentina, Bolivia, Canada, and Other. The company was founded by Ross J. Beaty and John J. Wright in April 1994 and is headquartered in Vancouver, Canada.

Vale SA Non-Energy Mining & Minerals | Rio de Janeiro, RJ

Vale SA engages in the production and exportation of iron ore, pellets, manganese, and iron alloys, which are raw materials needed for steelmaking. It operates through the following segments: Ferrous Minerals, Coal, Base Metals, Fertilizers and Others. The Ferrous Minerals segment includes the extraction of iron ore and the production of pellets, manganese ore, iron alloys, and coal, and logistics services. The Coal segment comprises the extraction of coal and its logistic services. The Base Metals segment involves the production of non-ferrous minerals, which include nickel, copper, and aluminum. The Fertilizers segment is comprised of three major groups of nutrients: potassium, phosphate, and nitrogen. The Others segment encompasses joint ventures and affiliates of other businesses. The company was founded on June 1, 1942 and is headquartered in Rio de Janeiro, Brazil.

Competitors
Franco-Nevada Corp. Non-Energy Mining & Minerals - Toronto, ON

Franco-Nevada Corporation is the leading gold royalty and stream company by both gold revenues and number of gold assets. The Company trades under the symbol FNV on both the Toronto and New York stock exchanges. Franco-Nevada has delivered superior returns to investors through its diversified portfolio of cash-flow producing assets and interests in some of the largest new gold development and exploration projects in the world. Franco-Nevada provides yield and more upside than a gold ETF with less risk than an operating gold company. Its business model benefits from rising commodity prices and new discoveries while limiting exposure to operating and capital cost inflation. Franco-Nevada has substantial cash with no debt and is generating growing cash flow that is being used to expand its portfolio and to increase dividends. Management and the Board are significant shareholders and are dedicated to the maximization of Franco-Nevada’s share price

Royal Gold Inc. Non-Energy Mining & Minerals - Denver, CO

Royal Gold, Inc. engages in the acquisition and management of metal streams, royalties, and similar interests. It operates through Acquisition and Management of Stream Interests and Acquisition and Management of Royalty Interests segments. The Acquisition and Management of Stream Interests segment involves in the purchase agreement that provides, in exchange for an upfront deposit payment, the right to purchase all or a portion of one or more metals. The Acquisition and Management of Royalty Interests segment focuses on non-operating interests in mining projects that provide the revenue or metals produced from the project. The company was founded on January 5, 1981 and is headquartered in Denver, CO.