Wheaton Precious Metals Stock

Wheaton Precious Metals Market capitalization 2024

Wheaton Precious Metals Market capitalization

28.34 B USD

Ticker

WPM.TO

ISIN

CA9628791027

WKN

A2DRBP

In 2024, Wheaton Precious Metals's market cap stood at 28.34 B USD, a 51.1% increase from the 18.75 B USD market cap in the previous year.

The Wheaton Precious Metals Market capitalization history

YEARMarket Capitalization (undefined USD)
202320.35
202217.62
202119.07
202018.42
201910.92
20188.68
20179.04
20168.84
20156.6
20148.16
20139.17
201211.75
201112.8
20107.71
20093.13
20082.93
20073.05
20062.18
20050.61
20040.01

Wheaton Precious Metals Aktienanalyse

What does Wheaton Precious Metals do?

Wheaton Precious Metals Corp is a Canadian company specializing in the trading of precious metals. The company was founded in 2004 and is headquartered in Vancouver. Wheaton Precious Metals Corp pursues a unique business model based on the trading of precious metals. The company is not a mining company that extracts precious metals itself, but a commodity trader that does business with mining companies. The company purchases shares in future productions of precious metals, such as gold, silver, palladium, and copper, from these companies. The idea behind Wheaton Precious Metals Corp's business model is that mining companies receive capital to build and operate their mines. In return, Wheaton Precious Metals Corp receives the right to a portion of the mining company's production. This concept eliminates the risk of exploration and production losses and guarantees commodity traders the right to a share of the profits. The company operates three different divisions to extract precious metals in various countries, including Canada, Mexico, Peru, Brazil, Chile, Argentina, Portugal, Sweden, Finland, Greece, and the United States. The first division of Wheaton Precious Metals Corp is the oil sands division, which sources precious metals from mining companies in North and Latin America. The second division is the silver division, which focuses on silver mining in Mexico and Peru. The third division is the gold division, which focuses on gold mining in North and South America. Wheaton Precious Metals Corp is also known for its products that are important for investors and collectors. The company offers a variety of coins and bars made of precious metals such as gold and silver. These are extremely interesting for investors who want to invest in precious metals. The collector's items are a must-have for collectors and coin enthusiasts. To ensure that the company operates in accordance with strict environmental and social standards, Wheaton Precious Metals Corp has introduced a code of conduct for partner companies that extract precious metals for Wheaton Precious Metals Corp. These standards address issues such as employee health and safety, environmental sustainability, and social responsibility. In terms of finances, Wheaton Precious Metals Corp has built an impressive balance sheet. The company has consistently seen an increase in its revenues and net profits in recent years and is among the leading companies in this sector. In summary, Wheaton Precious Metals Corp is a successful Canadian company specializing in the trading of precious metals. Through its unique business model and various divisions, the company is able to extract and sell precious metals in different countries. The products offered by the company are interesting for investors and collectors. The environmental and social standards established by Wheaton Precious Metals Corp for partner companies demonstrate a commitment to environmental sustainability and social responsibility. Wheaton Precious Metals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Wheaton Precious Metals's Market Capitalization

Wheaton Precious Metals's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Wheaton Precious Metals's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Wheaton Precious Metals's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Wheaton Precious Metals’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Wheaton Precious Metals stock

What is the current Wheaton Precious Metals market capitalization?

The current market capitalization of Wheaton Precious Metals is 28.34 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Wheaton Precious Metals.

How has the market capitalization of Wheaton Precious Metals developed in recent years?

The market capitalization of Wheaton Precious Metals has increased/decreased by 51.1% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Wheaton Precious Metals?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Wheaton Precious Metals?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Wheaton Precious Metals have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Wheaton Precious Metals pay?

Over the past 12 months, Wheaton Precious Metals paid a dividend of 0.6 USD . This corresponds to a dividend yield of about 0.96 %. For the coming 12 months, Wheaton Precious Metals is expected to pay a dividend of 0.64 USD.

What is the dividend yield of Wheaton Precious Metals?

The current dividend yield of Wheaton Precious Metals is 0.96 %.

When does Wheaton Precious Metals pay dividends?

Wheaton Precious Metals pays a quarterly dividend. This is distributed in the months of December, May, June, September.

How secure is the dividend of Wheaton Precious Metals?

Wheaton Precious Metals paid dividends every year for the past 18 years.

What is the dividend of Wheaton Precious Metals?

For the upcoming 12 months, dividends amounting to 0.64 USD are expected. This corresponds to a dividend yield of 1.02 %.

In which sector is Wheaton Precious Metals located?

Wheaton Precious Metals is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Wheaton Precious Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wheaton Precious Metals from 9/4/2024 amounting to 0.155 USD, you needed to have the stock in your portfolio before the ex-date on 8/21/2024.

When did Wheaton Precious Metals pay the last dividend?

The last dividend was paid out on 9/4/2024.

What was the dividend of Wheaton Precious Metals in the year 2023?

In the year 2023, Wheaton Precious Metals distributed 0.6 USD as dividends.

In which currency does Wheaton Precious Metals pay out the dividend?

The dividends of Wheaton Precious Metals are distributed in USD.

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Andere Kennzahlen von Wheaton Precious Metals

Our stock analysis for Wheaton Precious Metals Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wheaton Precious Metals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.