Wheaton Precious Metals (WPM.TO) Stock Price

Wheaton Precious Metals Price

TSX·CLOSED
126.13
​
Market closed

Over the last 19 years Wheaton Precious Metals grew revenue by 15.3% annually, reaching 2.36 B USD. Earnings per share have grown at 12.5% per year over the last 19 years. For Wheaton Precious Metals, the net margin of 63.6% is broadly stable versus 62.8% a few years ago. At today's price the dividend yield works out to roughly 0.52%. The payout ratio is around 20% of earnings. The dividend has grown at 9.7% per year over the past 14 years. The consensus 12-month price target for Wheaton Precious Metals is 141.90 USD, about 12.5% above where the stock trades today. Of 16 analysts, 15 rate the stock a buy — an overall Buy consensus.

Wheaton Precious Metals stock price

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Wheaton Precious Metals business model & stock analysis

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.

Frequently asked questions about Wheaton Precious Metals

The business model of Wheaton Precious Metals Corp is focused on being a precious metals streaming company. They provide upfront capital to mining companies in exchange for the right to purchase future precious metals production at a predetermined price. As a result, Wheaton Precious Metals Corp benefits from both rising precious metals prices and increased production from their partner mining companies. This unique business model allows them to generate stable cash flows without being directly involved in day-to-day mining operations. Wheaton Precious Metals Corp's focus on long-term partnerships positions them as a leading player in the precious metals streaming industry.

Wheaton Precious Metals Corp is primarily active in the precious metals industry.

The main competitors of Wheaton Precious Metals Corp in the market are Barrick Gold Corporation, Newmont Corporation, and Franco-Nevada Corporation.

Wheaton Precious Metals Corp, formerly known as Silver Wheaton Corp, is a prominent precious metals streaming company. Founded in 2004, it has emerged as one of the largest silver and gold streaming companies globally. Wheaton provides upfront payments to mining companies in exchange for the right to purchase precious metals production at a fixed price. This business model allows Wheaton to profit from the future price appreciation of precious metals with limited exposure to operational risks. With a diversified portfolio, Wheaton partners with mining companies worldwide and has enjoyed steady growth over the years. Today, Wheaton Precious Metals Corp is recognized as a trusted leader in the precious metals streaming industry.

Wheaton Precious Metals Corp has achieved significant milestones throughout its history. As a leading precious metals streaming company, Wheaton Precious Metals Corp has consistently delivered exceptional results. The company has successfully expanded its portfolio by acquiring various precious metal streaming agreements, enhancing its global presence and diversifying its asset base. Moreover, Wheaton Precious Metals Corp has maintained strong relationships with mining partners and continues to build long-term partnerships to ensure a steady supply of precious metals. With its dedication to sustainability and responsible mining practices, Wheaton Precious Metals Corp has garnered recognition and trust within the industry, solidifying its position as a top player in the precious metals market.

Wheaton Precious Metals Corp is primarily present in various countries and regions worldwide. The company has a diverse portfolio, with significant operations in Canada, Mexico, Peru, Brazil, the United States, and Finland. With its global presence, Wheaton Precious Metals Corp strategically invests in mining projects across these countries and regions, focusing on precious metal production.

Wheaton Precious Metals Corp represents values of transparency, integrity, and responsible mining practices. The company is committed to delivering sustainable returns to its shareholders and creating long-term value through its streaming model. Wheaton Precious Metals focuses on establishing mutually beneficial partnerships with mining companies worldwide, providing them upfront payments in exchange for the right to purchase a percentage of their future precious metal production at a predetermined price. By adhering to this corporate philosophy, Wheaton Precious Metals seeks to maintain strong relationships with its partners and ensure sustainable growth in the precious metals industry.

Analysts currently set an average price target of 147.56 USD for the Wheaton Precious Metals stock (median: 141.90 USD), implying +17.0 % versus the latest price. The consensus is based on 16 analyst ratings.

16 analysts currently rate the Wheaton Precious Metals stock: 15 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Wheaton Precious Metals to generate revenue of 3.55 B USD and earnings per share of 4.48 USD.

Converted at the current exchange rate, the Wheaton Precious Metals share trades at 112.96 EUR (126.13 USD).

The Wheaton Precious Metals share (WPM.TO) is listed on 10 stock exchanges, including: NYSE (WPM), London (WPM.L), SIX (Zürich) (SII.SW), Toronto (WPM.TO), XETRA (SII.DE), Frankfurt (SII.F), München (SII.MU), Düsseldorf (SII.DU).

Wheaton Precious Metals Corp is a leading company in the commodity sector specializing in trading precious metals. They operate a unique business model based on partnerships with mining companies. Wheaton Precious Metals provides capital to mining companies for the development of new mines or the expansion of existing mining facilities. In return, they receive a percentage of the future production volume of the project. This partnership is attractive to mining companies as they do not take on debt or provide equity capital. This is particularly important for small and medium-sized mining companies to make larger investments. Wheaton Precious Metals is specialized in various precious metals, including gold, silver, palladium, and platinum. They have operations or development projects in North and South America, Europe, Asia, and Australia. To sustain their business, Wheaton Precious Metals offers various products, including the raw metal itself, which is delivered to them by the mining companies after production. These raw materials are then sold to jewelers, individuals, or other companies. They also offer metal streaming contracts, allowing mining companies to finance new projects without giving up full control and ownership of their mining projects. In return, Wheaton Precious Metals receives a fixed number of metal units from the mine at a discounted price. Another product they offer is options contracts, which allow mining companies to utilize the company to achieve their growth goals with flexible and tailored financing tools. In summary, Wheaton Precious Metals is a leading commodity trading company with an attractive business model. Through partnerships with mining companies, they have access to a variety of precious metals and distribute them internationally. With various products such as raw metal, metal streaming contracts, and options contracts, the company can provide flexible and tailored financing solutions to mining companies.

The expected revenue of Wheaton Precious Metals is 3.55 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Wheaton Precious Metals is 2.04 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Wheaton Precious Metals is currently 28.17. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Wheaton Precious Metals stock.

The price-to-sales ratio (P/S) of Wheaton Precious Metals is currently 16.14. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Wheaton Precious Metals stock.

The Eulerpool Quality Score for Wheaton Precious Metals is 8/10.

The ISIN of Wheaton Precious Metals is CA9628791027. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Wheaton Precious Metals is A2DRBP. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Wheaton Precious Metals is WPM.TO. The ticker symbol is used to trade Wheaton Precious Metals shares on the stock exchange.

Fair ValueTerminal
123.60 USD
Over-/UndervaluationTerminal
Fairly valued
Industry
Metals & Mining
Number of shares
Employees
Revenue per Employee
60.39 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
USD
Initial public offering
May 9, 2006
ISIN
CA9628791027
Cusip
962879102
Sedol
BF13KN5
Market capitalization
57.28 B USDLarge Cap
52-Week Range
PEG
6.51
P/E ratio
P/Ee 2026
28.12
P/Ee 2027
25.97
P/Ee 2028
23.24
P/Ee 2029
22.73
P/Ee 2030
21.13
P/Se
16.14
EV/EBIT
34.64
P/B Ratio
6.60
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
17.25 %
Dividend
Dividend yield
0.52 %
Est. Dividend Yield
0.78 %
Payout Ratio
20.05 %
Dividend growth Ø5Y
2.98 %
Dividend payments per year
4
Dividend paid since
15 years
Dividend not reduced since
10 years
Dividend increased since
2 years
Dividend withholding tax
25.00 %
Last updated Oct 31, 2026, 3:17 AM

Wheaton Precious Metals Ticker

DÜSSELDORF · SII.DUFRANKFURT · SII.FHAMBURG · SII.HMLONDON · WPM.LLONDON STOCK EXCHANGE · WPM.LMUNICH · SII.MUNEW YORK · WPMSIX · SII.SWTSX · WPM.TOXETRA · SII.DE

Wheaton Precious Metals FIGI

WPM:CN · BBG000BJCC41WPM:CT · BBG000BJCD03WPM:CJ · BBG000BJCH22WPM:TR · BBG000BJCJH2WPM:TX · BBG000BJCK25WPM:TA · BBG000BJCKT6WPM:TG · BBG000BJCLP8WPM:TK · BBG000BJCM12WPM:US · BBG000PVRDL2WPM:UA · BBG000PVRDV1WPM:UC · BBG000PVRFT9WPM:UN · BBG000PVRG80