More on Silver Wheaton's Q2 results, reports record production

|About: Wheaton Precious Metals Corp (WPM)|By:, SA News Editor

More on Silver Wheaton's (SLWQ2 results: Reports record attributable silver equivalent production of 8.6M oz. (6.4M oz. of silver and 35.6K oz. of gold), up 28% Y/Y from 6.7M oz. in the year-ago quarter.

Silver equivalent sales of 7.2M oz. (5.1M oz. of silver and 33.9K oz. of gold), up 4% from 6.9M oz. in the year-ago quarter.

Average cash costs were $4.14 per silver oz., $391 per gold oz.; on a silver equivalent basis, average cash costs rose to $4.77 vs. $4.06 a year ago due primarily to an increase in the percentage of revenue from gold sales.

Shares -1.5% AH.