Canadian precious metals streaming firm Silver Wheaton has reported bumper profit for the first quarter ended March, as precious metals received in the period rose and prices increased.
The Vancouver-based firm reported net earnings of $61-million, or $0.14 a share, compared with $41-million, or $0.10 a share for the comparable period in 2016, representing an increase of 49%, or a 36% increase on a per share basis, the company reported after market close Tuesday.