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Wheaton Precious Metals Corp (WPM)

Upturn stock ratingUpturn stock rating
$76.83
Delayed price
Today's Top PicksToday’s top pick
Profit since last BUY23.24%
upturn advisory
Regular Buy
BUY since 42 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

04/01/2025: WPM (5-star) is a STRONG-BUY. BUY since 42 days. Profits (23.24%). Updated daily EoD!

Upturn Star Rating

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Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 64.49%
Avg. Invested days 47
Today’s Advisory Regular Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 35.22B USD
Price to earnings Ratio 66.92
1Y Target Price 79.68
Price to earnings Ratio 66.92
1Y Target Price 79.68
Volume (30-day avg) 1792731
Beta 0.7
52 Weeks Range 48.93 - 77.88
Updated Date 04/1/2025
52 Weeks Range 48.93 - 77.88
Updated Date 04/1/2025
Dividends yield (FY) 0.85%
Basic EPS (TTM) 1.16

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-03-12
When After Market
Estimate 0.4376
Actual 0.438

Profitability

Profit Margin 41.19%
Operating Margin (TTM) 32.05%

Management Effectiveness

Return on Assets (TTM) 5.45%
Return on Equity (TTM) 7.43%

Valuation

Trailing PE 66.92
Forward PE 39.68
Enterprise Value 34408198823
Price to Sales(TTM) 27.42
Enterprise Value 34408198823
Price to Sales(TTM) 27.42
Enterprise Value to Revenue 26.92
Enterprise Value to EBITDA 38.51
Shares Outstanding 453678016
Shares Floating 452842722
Shares Outstanding 453678016
Shares Floating 452842722
Percent Insiders 0.12
Percent Institutions 71.33

Analyst Ratings

Rating 4.56
Target Price 77.11
Buy 3
Strong Buy 11
Buy 3
Strong Buy 11
Hold 2
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Wheaton Precious Metals Corp

stock logo

Company Overview

overview logo History and Background

Wheaton Precious Metals Corp., formerly Silver Wheaton, was founded in 2004. It pioneered the streaming business model, securing rights to purchase precious metals at fixed costs from various mining companies in exchange for upfront payments. Over time, it expanded its portfolio to include gold and other metals, rebranding to Wheaton Precious Metals in 2017.

business area logo Core Business Areas

  • Precious Metals Streaming: Wheaton provides upfront financing to mining companies in exchange for the right to purchase a fixed percentage of their precious metals production at a predetermined price. They do not operate any mines themselves.

leadership logo Leadership and Structure

Randy Smallwood is the President and CEO. The company has a Board of Directors overseeing management. The organizational structure is based on functional departments such as legal, finance, and technical services to manage streaming agreements.

Top Products and Market Share

overview logo Key Offerings

  • Gold Streaming: Wheaton secures the right to purchase gold from various mines. This makes up a substantial portion of their revenue. While direct market share is difficult to quantify due to the nature of streaming, competitors include Royal Gold and Franco-Nevada (FNV).
  • Silver Streaming: Wheaton secures the right to purchase silver from various mines. Competitors include Royal Gold and Franco-Nevada (FNV).
  • Palladium Streaming: Wheaton secures the right to purchase palladium from various mines. Competitors include Royal Gold and Franco-Nevada (FNV).

Market Dynamics

industry overview logo Industry Overview

The precious metals streaming and royalty industry provides alternative financing for mining companies. It is influenced by precious metal prices, mining project developments, and geopolitical risks.

Positioning

Wheaton is a leading precious metals streaming company, known for its diversified portfolio of streaming agreements and low-cost business model. Their competitive advantage lies in securing long-term streaming contracts with established mining operators.

Total Addressable Market (TAM)

The TAM is difficult to quantify precisely, but it encompasses the entire global mining industry's need for capital. Wheaton's position is strong, targeting established mining operators and focusing on projects with long-term viability.

Upturn SWOT Analysis

Strengths

  • Diversified streaming portfolio
  • Low-cost operating model
  • Experienced management team
  • Strong relationships with mining companies
  • Predictable revenue streams

Weaknesses

  • Dependence on mining operations' performance
  • Exposure to geopolitical risks
  • Potential disputes with mining partners
  • Limited control over mining operations
  • Sensitivity to metal price fluctuations

Opportunities

  • Expansion into new metals and mining projects
  • Acquisition of additional streaming agreements
  • Increased demand for precious metals
  • Growth in emerging markets
  • Further diversification of streaming portfolio

Threats

  • Decline in precious metal prices
  • Operational disruptions at mining operations
  • Changes in mining regulations
  • Increased competition in the streaming industry
  • Political instability in mining regions

Competitors and Market Share

competitor logo Key Competitors

  • Royal Gold (RGLD)
  • Franco-Nevada (FNV)

Competitive Landscape

Wheaton is a major player in the streaming industry, competing with other established streamers like Royal Gold and Franco-Nevada. They all compete to secure new streaming agreements based on financing terms, project quality, and relationship with mining companies.

Major Acquisitions

Stillwater Mining

  • Year: 2018
  • Acquisition Price (USD millions): 550
  • Strategic Rationale: Securing palladium and platinum streaming rights from Sibanye Stillwater's Stillwater mine.

Growth Trajectory and Initiatives

Historical Growth: Wheaton has grown through acquisitions of streaming agreements and expansion of its existing portfolio. Growth is tied to the performance of its partner mining companies and precious metal prices.

Future Projections: Future growth projections are based on analyst estimates and depend on the company's ability to secure new streaming agreements and the performance of existing operations. Refer to analyst reports.

Recent Initiatives: Recent initiatives include securing new streaming agreements with mining companies, focusing on environmentally responsible mining practices, and optimizing its existing portfolio.

Summary

Wheaton Precious Metals is a strong company with a well-established streaming business model, providing diversification and reduced risk compared to traditional mining companies. Its predictable revenue stream and experienced management contribute to its success. Potential risks include dependence on partner mining operations and fluctuating metal prices, which need to be carefully managed. Wheaton's focus on acquiring new streaming agreements and optimizing its portfolio will be key to future growth.

Similar Companies

  • RGLD
  • FNV
  • NEM

Sources and Disclaimers

Data Sources:

  • Wheaton Precious Metals Corp. Investor Relations
  • Company Filings (SEC)
  • Analyst Reports
  • Industry Publications

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market conditions and company performance are subject to change. Please consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Wheaton Precious Metals Corp

Exchange NYSE
Headquaters Vancouver, BC, Canada
IPO Launch date 2004-07-14
President, CEO & Director Mr. Randy V. J. Smallwood P.Eng.
Sector Basic Materials
Industry Gold
Full time employees 44
Full time employees 44

Wheaton Precious Metals Corp. sells precious metals in North America, Europe, Africa, and South America. The company primarily produces and sells gold, silver, palladium, Platinum, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

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