Every now and then, it feels like the market gets the response wrong to an earnings report.
For us, that might be what happened to Wheaton Precious Metals (TSX: WPM) and its Q3 results. It seems the market just doesn’t want to reward a strong report, after over exuberant analysts got the forecast wrong on topline revenue.
But then again, who knows. The company is, after all, up 40% year to date.. So investors haven’t exactly been hung out to dry, even if they didn’t get a bump from the results. Anyways, enough of that.
Lets dive in.
Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
