Silver Wheaton Corp.
 (SLW)

- NYSE
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Aug. 14, 2014, 2:16 PM
    • Silver Wheaton (SLW -5.3%) and Pan American Silver (PAAS -5.3%) are both sharply lower as low silver prices combined with still-high costs combine to weigh on Q2 results.
    • SLW said its silver equiv. realized price fell from $23.05/oz. a year ago to $19.83 in this year's Q2; gold sales accounted for ~30% of sales, and SLW’s realized gold price of $1,295/oz. was included in a 14% drop in the silver equiv. price.
    • In Q2 results for PAAS, the average realized price for silver was $19.58/oz., down from $22.68 in the year-ago quarter; gold, which accounts for ~25% of sales, also suffered, fetching $1,289/oz.vs. $1,423 a year ago.
    • ETFs: AGQ, USLV, ZSL, DSLV, DBS, USV
    | Aug. 14, 2014, 2:16 PM | 1 Comment
  • Aug. 13, 2014, 5:49 PM
    • Silver Wheaton (NYSE:SLW) -1.7% AH after Q2 earnings miss expectations, and revenues tumble 11% Y/Y and finish shy of analyst consensus.
    • Q2 attributable silver equiv. production totaled 8.4M oz. (6.3M oz. of silver, 31.4K oz. of gold), down 4% from the year-ago quarter.
    • Payable silver equiv. oz. produced but not yet delivered to SLW by its partners fell slightly to ~6.3M oz. at June 30.
    • Average realized sale price per silver equiv. oz. sold in Q2 was $19.83 ($19.81/oz. of silver, $1,295/oz.of gold), down 14% Y/Y.
    • Operating cash flows of $102.5M fell 18% Y/Y; operating margin was $15.11/ silver equiv. oz. from $18.28 in Q2 2013.
    • Q2 average cash costs were $4.15 and $393 per oz. of silver and gold, respectively; on a silver equivalent basis, average cash costs fell to $4.72 vs. $4.77 in the year-ago quarter.
    | Aug. 13, 2014, 5:49 PM
  • Aug. 13, 2014, 5:42 PM
    • Silver Wheaton (NYSE:SLW) declares $0.06/share quarterly dividend, 14.3% decrease from prior dividend of $0.07.
    • Forward yield 0.88%
    • Payable Sept. 5; for shareholders of record Aug. 27; ex-div Aug. 25.
    | Aug. 13, 2014, 5:42 PM
  • Aug. 13, 2014, 5:10 PM
    • Silver Wheaton (NYSE:SLW): Q2 EPS of $0.18 misses by $0.02.
    • Revenue of $148.6M (-11.0% Y/Y) misses by $20.9M.
    | Aug. 13, 2014, 5:10 PM
  • Aug. 12, 2014, 5:35 PM
  • Jul. 14, 2014, 11:29 AM
    | Jul. 14, 2014, 11:29 AM | 34 Comments
  • Jun. 19, 2014, 3:35 PM
    • Beaten-up gold miner stocks are strong across the board as precious metal prices move sharply higher and take out key technical resistance levels; Comex gold jumped $41.40 (+3.3%) to settle at $1,314.10/oz., the highest level since April 14, and silver added $0.87 (+4.4%) to end at $20.65/oz..
    • Among today's winners: EGO +8.5%, AGI +8.5%, BTG +8.1%, SBGL +8.1%, SLW +5.5%, AUY +5.3%, AUY +5.2%, KGC +5.2%, GG +4.8%, NG +4.4%, AU +4.1%, ANV +4%, GFI +3.8%, ABX +3.2%, NEM +2.8%, IAG +1.7%.
    | Jun. 19, 2014, 3:35 PM | 21 Comments
  • Jun. 16, 2014, 5:19 PM
    • Alexco Resources (AXU) says it reached agreement with Silver Wheaton (SLW) to amend the 2008 silver purchase agreement so that the fixed $3.90/oz. silver streaming production payment is replaced with a variable production payment based on the spot price of silver.
    • The agreement applies to 25% of AXU's payable silver produced at its Keno Hill silver mining operations in Yukon, Canada.
    | Jun. 16, 2014, 5:19 PM | 6 Comments
  • May 27, 2014, 3:33 PM
    | May 27, 2014, 3:33 PM | 36 Comments
  • May 8, 2014, 5:12 PM
    • Silver Wheaton (SLW): Q1 EPS of $0.22 in-line.
    • Revenue of $165.4M (-19.6% Y/Y) misses by $20.71M.
    | May 8, 2014, 5:12 PM
  • May 8, 2014, 5:12 PM
    • Silver Wheaton Corp. (SLW) declares $0.07/share quarterly dividend, in line with previous.
    • Forward yield 1.28%
    • Payable May 30; for shareholders of record May 20; ex-div May 16.
    | May 8, 2014, 5:12 PM | 2 Comments
  • Mar. 25, 2014, 11:39 AM
    • Silver prices below $20/oz. should worry some investors, as several miners may need to adjust their plans if spot prices weaken further, Dundee's Chris Lichtenheldt says as he breaks down how specific companies will be impacted.
    • The analyst says Coeur Mining (CDE) is an ideal sell or short candidate, Endeavour Silver (EXK) is essentially breakeven at $19 silver, and Silver Standard (SSRI) has been a top performer YTD but is a high-cost operator.
    • As for Dundee's potential winners: Tahoe Resources (TAHO) is a low-cost operator with a best-in-class asset, Silver Wheaton's (SLW) balance sheet is solid above $15 silver, and Pan American Silver's (PAAS) strong balance sheet should provide a cushion as higher-cost operations have improved.
    • ETFs: SIL, SLVP, SILJ
    | Mar. 25, 2014, 11:39 AM | 1 Comment
  • Mar. 24, 2014, 3:48 PM
    • Gold prices tumbled nearly 2% to settle at five-week lows as investors continued to take profits against the metal's YTD surge with an eye toward an improving U.S. economy and the possibility of an interest rate hike as soon as early next year.
    • So Credit Suisse's move today to lift stock price targets for Barrick Gold (ABX -4.1%) and Newmont Mining (NEM -2.1%) was ill-timed as gold miners (GDX -4%) fall sharply across the board.
    • On ABX, the firm raises its target to $21 to reflect the company's relatively conservative $1,100/oz. gold price assumption for reserves, exploration upside potential within its asset base (demonstrated by its 15M oz. Goldrush discovery) and strong base of low cost assets.
    • On NEM, the firm ups its target to $26 on higher forecast operating cash flow and a higher NAV target multiple, but a resolution of the ore export ban in Indonesia is necessary to become more constructive.
    • Also: AU -4.3%, NG -4.9%, GG -3.6%, KGC -4%, NGD -4%, IAG -3.8%, GFI -1.9%, HMY -3.2%, SLW -6.5%, ANV -6.7%, BTG -4.9%.
    | Mar. 24, 2014, 3:48 PM | 7 Comments
  • Mar. 21, 2014, 1:49 PM
    • A check of Silver Wheaton (SLW -1%) finds the stock beginning to lose altitude after mixed results and a cut in the dividend last night.
    • Q4 silver equivalent production of 9.7M ounces was up 17% from a year ago. Sales volume of 8M ounces fell 13%. Revenue of $287.2M fell 42%. Averaged realized selling price of $21 per ounce fell 33%. Net earnings of $93.9M or $0.26 per share compares to $177.7M or $0.50 per share a year ago.
    • Average cash costs of $4.14 per ounce of silver and $394 for gold - virtually unchanged from a year ago.
    • Company expects 2014 silver equivalent production of 36M ounces, roughly unchanged from 2013. By 2018, SLW sees 48M ounces of production, up 35% from last year.
    • Both Cowen and BMO boost their price targets in wake of the earnings report.
    | Mar. 21, 2014, 1:49 PM | 1 Comment
  • Mar. 20, 2014, 5:25 PM
    • Silver Wheaton (SLW): Q4 EPS of $0.26 beats by $0.01.
    • Revenue of $167.4M (-41.7% Y/Y) misses by $29.69M.
    | Mar. 20, 2014, 5:25 PM | 3 Comments
  • Mar. 20, 2014, 5:10 PM
    • Silver Wheaton Corp. (SLW) declares $0.07/share quarterly dividend, 22.2% decrease from prior dividend of $0.09.
    • Forward yield 1.12%
    • Payable April 15; for shareholders of record April 4; ex-div April 1.
    | Mar. 20, 2014, 5:10 PM
Company Description
Silver Wheaton Corp is a mining company engaged in sale of silver and gold.
Industry: Silver
Country: Canada