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Silver Wheaton Corp. Message Board

  • kbononi kbononi Oct 25, 2012 11:49 AM Flag

    GG beat today....good news for SLW

    Net earnings in the quarter were $498 million compared to $336 million in the third quarter of 2011. Adjusted net earnings in the third quarter totaled $441 million, or $0.54 per share, compared to $450 million or $0.56 per share, in the third quarter of 2011. Adjusted net earnings in the third quarter of 2012 primarily exclude the gains from the foreign exchange translation of deferred income tax liabilities, mark-to-market loss on the conversion feature of convertible senior notes, and the reversal of impairment charges related to certain of its investments in associates, but include the impact of non-cash stock-based compensation expenses which amounted to approximately $22 million or $0.03 per share for the quarter. Operating cash flow before changes in working capital was $687 million compared to $681 million in last year's third quarter. The average realized gold price for the quarter was $1,685 per ounce of gold sold

    Sentiment: Strong Buy

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SLW
24.67-0.17(-0.68%)9:49 AMEDT

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