The 2021 production is up 6% year on year while Wheaton expects production of about 700,000-760,000 GEOs this year.
"In 2021, Wheaton also remained focused on accretive growth, and over the past three months alone, we added five new streams to our already robust portfolio," president and CEO Randy Smallwood said.
"This additional growth is readily apparent in our ten-year production forecast, where we see annual production climbing to well over 900,000 gold equivalent ounces," he added.
The production results for Wheaton—which has seen strong share price growth in recent months—saw the company generate record annual revenue and operating cash flow for the year.
Q4 revenue dropped 3% year on year to US$278.197, which saw 2021 round the year out at $1.2 million—which is 10% stronger than 2020.
Net earnings in Q4 surged by 86% to $291,822 with 2021 as a whole rising by 49% to $754,885. Likewise, earnings per share for Q4 and 2021 rose by 85% and 48% to $0.648 and $1.677, respectively.
Operating cash flows for Q4 were $195,290, or $0.433/share, having fallen 6% and 7% year on year, respectively. For 2021, the two metrics were up 10% year on year at $845,145 and $1.878/share, respectively.
"We are proud of the value we were able to return to our shareholders resulting from our record-setting performance, with total dividends paid in 2021 increasing by over 35% from 2020," Smallwood said.
The company declared a dividend of $0.15/share.
Wheaton traded on the Toronto Stock Exchange on March 13 at C$61.27/share, down 2% day on day. The price has trended up from C$50.39 over the past three months. Wheaton has a market capitalisation of C$27.62 billion.
