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WPM Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
151.310
Open
150.360
VWAP
149.40
Vol
1.95M
Mkt Cap
69.20B
Low
147.670
Amount
291.31M
EV/EBITDA(TTM)
36.07
Total Shares
454.10M
EV
68.06B
EV/OCF(TTM)
35.71
P/S(TTM)
29.94
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. The Company has approximately 35 streaming agreements. Its segments include Gold, Silver, Palladium, Platinum and Cobalt. Its gold segment includes Salobo, Sudbury, Constancia, San Dimas, Stillwater, Blackwater, Platreef and others. Its Silver segment includes Penasquito, Antamina, Constancia, Blackwater and others. Its Palladium segment includes Stillwater and Platreef. Its Platinum segment includes Marathon and Platreef. Its Cobalt segment includes Voisey's Bay. The Company has also entered into a definitive agreement to acquire the Spring Valley Project located in Nevada, United States of America.
Show More

Events Timeline

(ET)
2026-03-12
17:10:00
Production Forecast to Increase to 1.2M GEOs by 2030
select
2026-03-12
17:10:00
Wheaton Reports Q4 Revenue of $865M, Beating Expectations
select

News

PRnewswire
8.5
13:55 PMPRnewswire
Silver Price Soars to All-Time High as Nord Acquires Mining Leases
  • Record Silver Prices: In January 2026, spot silver prices surged to an unprecedented $121.67 per ounce, marking the first time silver traded above $100, and recently rebounded to $80, reflecting a robust market demand and a structural supply deficit.
  • Acquisition of Historic Mining Leases: Nord Precious Metals Mining Inc. has completed the acquisition of nearly 4 kilometers of historic boundary in Ontario's Gowganda Silver Camp, consolidating areas where over 50 million ounces of silver were previously produced, which is expected to significantly enhance future exploration and production potential.
  • Infrastructure Advantage: Nord possesses the only permitted high-grade milling facility and a 600-tonne-per-day gravity plant, enabling a rapid conversion of exploration results into metal, which is anticipated to accelerate its competitive edge in silver mining development.
  • Future Development Plans: Nord plans to drill across historical boundaries once new permits are obtained, leveraging existing production facilities and engineering partners to advance its silver production plan, which is expected to yield substantial economic benefits for the company.
Fool
7.5
04-15Fool
Geopolitical Tensions Drive Surge in Gold Investments
  • Record Gold Purchases by Central Banks: Central banks in China, India, and Turkey have been buying record amounts of gold in recent years to diversify their assets, reflecting a strong global demand for safe investments amid rising inflation and budget deficits.
  • Mining Companies' Inflation Hedge: Agnico Eagle Mines and Wheaton Precious Metals benefit from rising gold and silver prices, and their operational models allow them to maintain relatively stable profit margins even as fuel costs rise, providing investors with effective tools to hedge against inflation.
  • Agnico's Clean Energy Strategy: Agnico Eagle's Kittilä mine in Finland, the largest gold mine in Europe, signed a clean electricity agreement in 2023 to ensure 100% renewable energy use, reducing reliance on diesel and enhancing its resilience against energy cost fluctuations.
  • Wheaton's Fixed Cost Advantage: Wheaton Precious Metals locks in contract costs at $650 per ounce for gold and $12.50 for silver through streaming agreements, ensuring profitability amid rising metal prices while effectively mitigating the impact of rising fuel and labor costs.
NASDAQ.COM
8.5
04-15NASDAQ.COM
Strategic Significance of Precious Metals Investment
  • Geopolitical Impact: The escalating geopolitical tensions worldwide have led many investors to turn to safe-haven investments like gold and silver, indicating a sustained demand for precious metals, particularly as central banks in China, India, and Turkey have been purchasing record amounts of gold to diversify away from the U.S. dollar.
  • Mining Company Advantages: Agnico Eagle Mines and Wheaton Precious Metals, as precious metals mining stocks, can provide leveraged upside during rising precious metals prices while maintaining a degree of insulation from rising fuel costs due to their low-cost, high-quality mines, ensuring profitability.
  • Clean Energy Agreements: Agnico Eagle's Kittilä Mine in Finland, the largest gold mine in Europe, signed a clean electricity agreement in 2023 to ensure that 100% of its power comes from renewable sources, which not only reduces operational costs but also enhances the company's image in environmental sustainability, aligning with global trends.
  • Fixed Cost Advantage: Wheaton Precious Metals locks in contract costs averaging $650 per ounce for gold and $12.50 for silver through streaming agreements, ensuring profitability amid rising precious metals prices while mitigating the pressures of increasing fuel and labor costs, thereby strengthening its competitive position in the market.
Fool
8.5
04-15Fool
Wheaton Precious Metals: A Strong Buy Amid Rising Precious Metal Prices
  • Surge in Precious Metal Prices: By late January, gold reached $5,500 per ounce and silver peaked at $121 per ounce, indicating increased holdings by investors and central banks amid ongoing geopolitical uncertainties and fears of currency debasement.
  • Wheaton's Business Model Advantage: As a precious metals streaming company, Wheaton provides upfront capital to miners in exchange for fixed low-cost purchasing rights on future production, thus insulating itself from rising labor and fuel costs that traditional miners face, ensuring profitability.
  • Production Growth Potential: Wheaton's total production in Q4 was 205,000 gold equivalent ounces (GEOs), with projections to reach 1.2 million GEOs by 2030, a 50% increase, bolstered by its agreement with BHP to acquire a 33.75% stake in silver production at the Antamina Mine, adding 70,000 GEOs annually.
  • Fixed Cost Advantage: Wheaton's contract costs are $650 per ounce for gold and $12.50 for silver, providing predictable fixed costs that are crucial amid the current backdrop of the war in Iran and the closure of the Strait of Hormuz, ensuring profit margins even as expenses rise.
NASDAQ.COM
8.5
04-15NASDAQ.COM
Wheaton Precious Metals Sees Growth Amid Rising Precious Metal Prices
  • Price Surge Driver: Rising geopolitical tensions and increasing budget deficits have driven gold and silver prices significantly higher, with gold reaching $5,500 per ounce and silver peaking at $121, enhancing Wheaton Precious Metals' growth potential.
  • Optimistic Production Forecast: Wheaton projects production of 860,000 to 940,000 gold equivalent ounces by 2026, a 50% increase from current levels, bolstered by its agreement with BHP, increasing its stake in silver production at the Antamina mine to 67.5%.
  • Fixed Cost Advantage: The company's business model allows it to maintain average costs of $650 per ounce for gold and $12.50 for silver through 2030, providing predictable fixed costs and mitigating risks from rising fuel and labor expenses.
  • Market Risk Warning: While Wheaton benefits from rising precious metal prices, a significant decline in gold and silver prices could severely impact its earnings, prompting investors to carefully assess market trends before investing.
Yahoo Finance
6.0
04-09Yahoo Finance
BMO Capital Markets Resumes Coverage of Wheaton Precious Metals
  • Coverage Resumption: BMO Capital Markets resumed coverage of Wheaton Precious Metals on Thursday, indicating a renewed market interest that could attract more investors to its stock performance.
  • Rating Upgrade: The resumption of coverage comes with an upgrade in ratings, which may enhance market confidence in Wheaton, potentially driving its stock price up and reflecting analysts' optimistic outlook on the company's future performance.
  • Market Reaction: Changes in analyst ratings typically influence investor decisions, and Wheaton's stock may experience positive effects, attracting more capital inflow and enhancing its market liquidity.
  • Strategic Implications: The combination of BMO's coverage resumption and rating upgrade may prompt other financial institutions to reassess Wheaton's investment value, thereby enhancing its market position in the competitive precious metals sector.
Wall Street analysts forecast WPM stock price to rise
9 Analyst Rating
Wall Street analysts forecast WPM stock price to rise
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
118.00
Averages
137.91
High
160.00
Current: 0.000
sliders
Low
118.00
Averages
137.91
High
160.00
Berenberg
Buy
to
Buy
downgrade
AI Analysis
2026-04-02
Reason
Berenberg
Price Target
AI Analysis
2026-04-02
downgrade
Buy
to
Buy
Reason
Berenberg lowered the firm's price target on Wheaton Precious Metals to 11,200 GBp from 13,000 GBp and keeps a Buy rating on the shares.
UBS
Daniel Major
Neutral
to
Buy
upgrade
$160
2026-03-27
Reason
UBS
Daniel Major
Price Target
$160
2026-03-27
upgrade
Neutral
to
Buy
Reason
UBS analyst Daniel Major upgraded Wheaton Precious Metals to Buy from Neutral with an unchanged price target of $160. The company is entering a volume growth phase that should drive "superior" earnings growth relative to peers without further upside in gold and silver prices, the analyst tells investors in a research note. UBS believes Wheaton shares are not reflecting the company's "diversified/low-risk" organic growth. The 25% correction since the start of the Middle East conflict creates an attractive risk/reward, contends the firm.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for WPM
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Valuation Metrics

The current forward P/E ratio for Wheaton Precious Metals Corp (WPM.N) is 25.25, compared to its 5-year average forward P/E of 33.87. For a more detailed relative valuation and DCF analysis to assess Wheaton Precious Metals Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
33.87
Current PE
25.25
Overvalued PE
38.43
Undervalued PE
29.30

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
21.74
Current EV/EBITDA
18.56
Overvalued EV/EBITDA
24.68
Undervalued EV/EBITDA
18.81

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
17.17
Current PS
15.57
Overvalued PS
19.43
Undervalued PS
14.92

Financials

AI Analysis
Annual
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Whales Holding WPM

H
Horizon Kinetics Holding Corporation
Holding
WPM
+21.17%
3M Return
V
Van Eck Associates Corporation
Holding
WPM
+15.55%
3M Return
B
Bowen, Hanes & Company, Inc.
Holding
WPM
+11.91%
3M Return
C
Canadian Imperial Bank of Commerce
Holding
WPM
+11.66%
3M Return
N
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.
Holding
WPM
+10.87%
3M Return
C
CIBC Asset Management Inc.
Holding
WPM
+10.24%
3M Return

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Frequently Asked Questions

What is Wheaton Precious Metals Corp (WPM) stock price today?

The current price of WPM is 149.21 USD — it has decreased -2.08

What is Wheaton Precious Metals Corp (WPM)'s business?

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. The Company has approximately 35 streaming agreements. Its segments include Gold, Silver, Palladium, Platinum and Cobalt. Its gold segment includes Salobo, Sudbury, Constancia, San Dimas, Stillwater, Blackwater, Platreef and others. Its Silver segment includes Penasquito, Antamina, Constancia, Blackwater and others. Its Palladium segment includes Stillwater and Platreef. Its Platinum segment includes Marathon and Platreef. Its Cobalt segment includes Voisey's Bay. The Company has also entered into a definitive agreement to acquire the Spring Valley Project located in Nevada, United States of America.

What is the price predicton of WPM Stock?

Wall Street analysts forecast WPM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WPM is137.91 USD with a low forecast of 118.00 USD and a high forecast of 160.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Wheaton Precious Metals Corp (WPM)'s revenue for the last quarter?

Wheaton Precious Metals Corp revenue for the last quarter amounts to 864.71M USD, increased 127.25

What is Wheaton Precious Metals Corp (WPM)'s earnings per share (EPS) for the last quarter?

Wheaton Precious Metals Corp. EPS for the last quarter amounts to 1.23 USD, increased 547.37

How many employees does Wheaton Precious Metals Corp (WPM). have?

Wheaton Precious Metals Corp (WPM) has 42 emplpoyees as of April 20 2026.

What is Wheaton Precious Metals Corp (WPM) market cap?

Today WPM has the market capitalization of 69.20B USD.