Silver Wheaton Expects Fourth Quarter Improvements

Bloomberg reported that Silver Wheaton expects that cash flow and dividends will increase towards the end of 2012, as sales pick up in line with production.

As quoted in the market report:

We’ve already seen a bunch of shipments from these mines where inventory did build up,” Chief Executive Officer Randy Smallwood said today in a phone interview. The fourth quarter is “always a good one in terms of inventory” as mining companies push sales to improve year-end earnings, he said.

To view the whole Bloomberg report, click here.