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WPM Overview

-
$
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
111.530
Open
110.000
VWAP
110.14
Vol
1.31M
Mkt Cap
50.25B
Low
108.250
Amount
144.69M
EV/EBITDA(TTM)
20.51
Total Shares
454.13M
EV
46.57B
EV/OCF(TTM)
20.15
P/S(TTM)
17.81
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)
2026-05-07
17:10:00
Wheaton Precious Metals Declares Q2 2026 Cash Dividend of 19.5 Cents
select

News

NASDAQ.COM
2.0
07-07NASDAQ.COM
Wheaton Precious Metals Faces Price Pressure
  • Market Impact: Geopolitical tensions and macroeconomic concerns have led to a general decline in precious metal prices, causing Wheaton's stock to drop nearly 14% in June, although this decline was less severe than peers like Hycroft Mining, which fell over 29%, indicating relative resilience.
  • Innovative Business Model: Wheaton employs a 'streaming model' by purchasing a percentage of goods mined by third-party operators, which provides cost predictability and allows for higher cash operating margins during price increases, yet it still faces risks from falling prices.
  • Interest Rate Expectations: With rising inflation pressures in the U.S., there is widespread speculation that the Federal Reserve will raise interest rates, diminishing the appeal of non-yielding precious metal investments and further suppressing Wheaton's stock performance.
  • Cautious Investment Advice: Analysts recommend avoiding Wheaton stock in the current economic climate, suggesting that the potential for price recovery is low given the impending rate hikes and ongoing inflationary pressures.
Fool
2.0
07-07Fool
Wheaton Precious Metals Shares Drop 14%
  • Stock Price Decline: Wheaton Precious Metals experienced a nearly 14% drop in June, primarily due to a general decline in precious metal prices, reflecting a waning enthusiasm for the company's stock that could lead to decreased investor confidence.
  • Market Environment Impact: The war between the U.S. and Iran has driven up fertilizer and crude oil prices, creating inflationary pressures on the global economy, while increasing speculation about potential interest rate hikes by the Federal Reserve, further dampening the appeal of precious metals as investments.
  • Business Model Analysis: Wheaton's 'streaming model' allows for cost predictability by purchasing a percentage of goods mined by third-party operators, which, while providing a competitive edge in the industry, does not fully mitigate the risks associated with falling prices.
  • Industry Competitive Landscape: Although Wheaton's stock performance was better than other precious metals companies like Hycroft Mining, which lost over 29% of its value, it still faces significant price volatility risks, with current geopolitical tensions and inflation making substantial price recoveries unlikely in the near term.
Yahoo Finance
8.5
07-06Yahoo Finance
Gold Miners Show Contrarian Potential Amidst Recent Declines
  • Quarterly Performance Review: GDX dropped 21% in Q2 2026, falling from $96 in early April to $75 by June 30, yet it remains up 50% over the past year, indicating a potential rebound for gold miners.
  • Operational Leverage Effect: When gold prices rise from $2,000 to $3,000, miners' free cash flow significantly increases, demonstrating that miners' profitability amplifies during gold price increases and declines.
  • Acquisition Activity Signal: Genesis Minerals' $3.9 billion bid for Vault Minerals indicates that producers view gold resources as cheap and their cash flows as durable, reflecting confidence in the industry's future.
  • Investment Strategy Recommendation: GDX should be treated as a satellite position in a portfolio, with gold exposure recommended at 5% to 10%, as miners' operational leverage offers potential upside during gold price increases but also carries high volatility risks.
NASDAQ.COM
4.5
06-26NASDAQ.COM
Analysis of GDX ETF's 52-Week Price Fluctuations
  • Price Range Analysis: The GDX ETF's 52-week low is $50.32 per share and the high is $117.175, with the last trade at $78.07, indicating the current price is positioned in the middle of its historical range, potentially reflecting market caution towards gold mining.
  • Technical Analysis Tool: Comparing the current share price to the 200-day moving average can provide investors with valuable insights for technical analysis, aiding in the assessment of market trends and potential buy or sell opportunities.
  • ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors are buying and selling “units” that can be created or destroyed based on investor demand, impacting the ETF's liquidity and market performance.
  • Liquidity Monitoring: Weekly monitoring of changes in shares outstanding for ETFs helps identify significant inflows (new units created) or outflows (old units destroyed), as these liquidity shifts can directly affect the individual components held within the ETFs.
Fool
5.0
05-25Fool
New Strategies for Gold Investment in 2026
  • Gold Investment Misconception: While purchasing physical gold or gold ETFs like SPDR Gold Trust offers direct exposure to precious metals, long-term investors may find this approach overly reliant on gold price fluctuations, making effective asset diversification challenging.
  • Mining Company Advantages: For instance, Newmont Mining generated $3.1 billion in free cash flow in Q1 2026, benefiting from high gold prices, showcasing the profit potential of mining companies during price surges, although their operational risks and capital-intensive nature cannot be overlooked.
  • Streaming and Royalty Companies: Companies like Franco-Nevada, Royal Gold, and Wheaton Precious Metals mitigate operational risks by providing upfront cash to miners in exchange for the right to purchase gold at favorable prices, enabling long-term growth potential while maintaining diversified portfolios.
  • Learning About Streaming Investments: Although streaming and royalty companies are relatively niche in the investment landscape, understanding these firms and their unique business models will be worthwhile for long-term investors looking to add gold exposure in 2026, as they offer better protection and profitability amid market volatility.
NASDAQ.COM
8.5
05-25NASDAQ.COM
Analysis of Gold Investment Strategies
  • Gold Investment Options: Short-term investors can opt for gold bullion or gold ETFs, while long-term investors should consider mining companies like Newmont, which generated $3.1 billion in free cash flow in Q1 2026, reflecting strong profitability from high gold prices.
  • Mining Company Advantages: Newmont's production capacity grows with rising gold prices, and despite the complexities and capital intensity of mining operations, its long-term growth potential makes it a noteworthy investment choice.
  • Streaming and Royalty Companies: Companies like Franco-Nevada, Royal Gold, and Wheaton Precious Metals provide upfront funding to miners in exchange for the right to purchase gold at favorable prices in the future, thereby reducing operational risks and achieving diversified revenue streams.
  • Investor Recommendations: For long-term investors looking to add gold in 2026, streaming and royalty companies offer a more attractive business model; although they are relatively niche in the market, their stable profit margins and growth potential warrant further exploration.
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
RBC Capital
Outperform
maintain
$165 -> $160
AI Analysis
2026-07-09
New
Reason
RBC Capital
Price Target
$165 -> $160
AI Analysis
2026-07-09
New
maintain
Outperform
Reason
RBC Capital lowered the firm's price target on Wheaton Precious Metals to $160 from $165 and keeps an Outperform rating on the shares as part of a broader research note previewing Q2 results among gold miners. The firm anticipates a mixed Q2 reporting season, highlighted by tough sequential comps on margin compression from declining gold and silver prices as well as rising costs, the analyst tells investors in a research note. The quarter will also feature an "abnormal" volume of corporate and project updates that could add to volatility, RBC added. The firm states however that despite these uncertainties, gold producers remain in a position of strength, returning record capital and still reaping near record margins.
BofA
Buy
downgrade
$163 -> $145
2026-07-09
New
Reason
BofA
Price Target
$163 -> $145
2026-07-09
New
downgrade
Buy
Reason
BofA lowered the firm's price target on Wheaton Precious Metals to $145 from $163 and keeps a Buy rating on the shares. Commodity price forecast reductions, particularly for precious and base metals, have led to lower sector estimates and valuations, with challenging market conditions expected through autumn before a potential recovery, the analyst tells investors in a research note.
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 21.51, compared to its 5-year average forward P/E of 33.58. 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
33.58
Current PE
21.51
Overvalued PE
38.60
Undervalued PE
28.56

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
21.55
Current EV/EBITDA
13.43
Overvalued EV/EBITDA
24.75
Undervalued EV/EBITDA
18.35

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
17.09
Current PS
11.32
Overvalued PS
19.46
Undervalued PS
14.71

Financials

AI Analysis
Annual
Quarterly

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Whales Holding WPM

N
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.
Holding
WPM
+21.14%
3M Return
V
Van Eck Associates Corporation
Holding
WPM
+19.23%
3M Return
N
National Bank Investments Inc.
Holding
WPM
+12.82%
3M Return
M
MUFG Securities EMEA plc
Holding
WPM
+12.13%
3M Return
P
Performance Wealth Partners, LLC
Holding
WPM
+12.05%
3M Return
M
Mirae Asset Global Investments Co., Ltd
Holding
WPM
+11.36%
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 110.65 USD — it has increased 2.83

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 901.47M USD, increased 91.63

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 1.28 USD, increased 128.57

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

Wheaton Precious Metals Corp (WPM) has 42 emplpoyees as of July 10 2026.

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

Today WPM has the market capitalization of 50.25B USD.