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Wheaton Precious Metals Corp(WPM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for WPM
11/13/2026: WPM (4-star) is currently NOT-A-BUY. Pass it for now.
Wheaton Precious Metals is a prominent player in the precious metals sector, operating as a streamer that finances mining projects in exchange for future metal production. Its business model offers investors exposure to gold, silver, and other metals with high operating margins, as the company avoids the direct costs of mining operations. While the firm benefits from a diversified portfolio and a strong balance sheet, it faces risks from metal price volatility and reliance on third-party mining performance. This stock may appeal to investors seeking commodity exposure with a dividend component. Key developments to monitor include new streaming acquisitions and global trends in metal demand.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is dependent on the acquisition of new streaming agreements rather than internal product innovation. |
| Momentum investor | Strong fit while signal remains positive | The stock often trends strongly with the spot prices of gold and silver. |
| Value investor | Mixed fit | Valuation is often tied to metal price outlooks, which can make the stock appear expensive during cyclical peaks. |
| Dividend investor | Strong fit | The company offers a sustainable dividend policy tied to operating cash flow. |
| Low-risk investor | Weak fit | High volatility associated with precious metal prices makes this unsuitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Revenues are directly sensitive to fluctuations in the spot market for gold and silver. |
| Valuation risk | Medium | The stock often trades at a premium multiple relative to mining peers due to its perceived business model advantages. |
| Competition risk (Streaming contract competition) | Medium | Increased competition for new streaming deals may compress acquisition returns. |
| Business quality | Strong | The streaming model provides high-margin exposure to production without the operational risks of mining. |
| Dividend income | Medium | Dividends can fluctuate based on the company's cash flow from streaming agreements. |
| Execution risk | Medium | Success depends on accurately assessing the geological and operational risks of partner mining projects. |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 60.05B USD | Price to earnings Ratio 28.74 | 1Y Target Price 172.12 |
Price to earnings Ratio 28.74 | 1Y Target Price 172.12 | ||
Volume (30-day avg) 1.8M shares | Beta 1.28 | 52 Weeks Range 98.07 - 165.03 | Updated Date 11/13/2026 |
52 Weeks Range 98.07 - 165.03 | Updated Date 11/13/2026 | ||
Dividends yield (FY) 0.57% | Basic EPS (TTM) 4.6 |
Sector & Industry Intelligence
Sector
Basic Materials
Defensive- Sentiment
- Bearish
- Momentum
- Momentum Steady
- BUY participation
- 23.1%
- Active BUY / eligible
- 9 / 39
- 30-Day BUY Count Change
- +2
- Market state
- Bearish
The number of qualifying BUY stocks has remained relatively stable.
Industry
Gold
- BUY participation
- 0.0%
- Active BUY / eligible
- 0 / 13
- 30-Day BUY Count Change
- -2
Sector signal summarizes BUY breadth conditions for the sector. It does not override this stock’s BUY, SELL, or PASS advisory.
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 61.96% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/13/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Gold/Silver/Palladium/Cobalt Streaming | Long-term contracts for metal production rights. | Wheaton makes money by buying metals at a fixed low price and selling them at the current market price. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-11-05 | When After Market | Estimate 0.91 | Actual 0.9 |
Profitability
Profit Margin 60.39% | Operating Margin (TTM) 72.48% |
Management Effectiveness
Return on Assets (TTM) 15.22% | Return on Equity (TTM) 23.1% |
Valuation
Trailing PE 28.74 | Forward PE 29.33 | Enterprise Value 61.35B | Price to Sales(TTM) 17.32 |
Enterprise Value 61.35B | Price to Sales(TTM) 17.32 | ||
Enterprise Value to Revenue 18.26 | Enterprise Value to EBITDA 21.5 | Shares Outstanding 454.19M | Shares Floating 453.24M |
Shares Outstanding 454.19M | Shares Floating 453.24M | ||
Percent Insiders 0.11 | Percent Institutions 72.59 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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