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Wheaton Precious Metals Corp (WPM)



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Upturn Advisory Summary
09/12/2025: WPM (5-star) is a STRONG-BUY. BUY since 72 days. Simulated Profits (16.32%). Updated daily EoD!
1 Year Target Price $114
1 Year Target Price $114
10 | Strong Buy |
4 | Buy |
1 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 51.76% | Avg. Invested days 51 | Today’s Advisory Strong Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 48.44B USD | Price to earnings Ratio 61.28 | 1Y Target Price 114 |
Price to earnings Ratio 61.28 | 1Y Target Price 114 | ||
Volume (30-day avg) 15 | Beta 0.56 | 52 Weeks Range 55.14 - 108.67 | Updated Date 09/14/2025 |
52 Weeks Range 55.14 - 108.67 | Updated Date 09/14/2025 | ||
Dividends yield (FY) 0.60% | Basic EPS (TTM) 1.74 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 47.46% | Operating Margin (TTM) 65.99% |
Management Effectiveness
Return on Assets (TTM) 7.6% | Return on Equity (TTM) 10.6% |
Valuation
Trailing PE 61.28 | Forward PE 40 | Enterprise Value 47438550889 | Price to Sales(TTM) 29.14 |
Enterprise Value 47438550889 | Price to Sales(TTM) 29.14 | ||
Enterprise Value to Revenue 28.54 | Enterprise Value to EBITDA 38.88 | Shares Outstanding 453955008 | Shares Floating 453179054 |
Shares Outstanding 453955008 | Shares Floating 453179054 | ||
Percent Insiders 0.13 | Percent Institutions 72.3 |
Upturn AI SWOT
Wheaton Precious Metals Corp

Company Overview
History and Background
Wheaton Precious Metals Corp. (formerly Silver Wheaton Corp.) was founded in 2004. It pioneered the streaming business model in the precious metals industry. A significant milestone was its evolution from a silver-focused streamer to one that also includes gold and other precious metals. The name change to Wheaton Precious Metals reflects this diversification.
Core Business Areas
- Precious Metals Streaming: Wheaton provides upfront payments to mining companies in exchange for the right to purchase a percentage of their future precious metals production at a predetermined price. This allows miners to fund projects without debt or equity dilution.
Leadership and Structure
Randy Smallwood serves as the President and CEO. The company has a board of directors that oversees corporate governance. The organizational structure is designed to manage streaming agreements, monitor mining operations, and handle financial activities.
Top Products and Market Share
Key Offerings
- Silver Streams: Wheaton purchases silver production from various mines. Market share information is difficult to pinpoint exactly due to the bespoke nature of each streaming agreement. Competitors include Royal Gold (RGLD) and Franco-Nevada (FNV).
- Gold Streams: Wheaton also purchases gold production from a portfolio of mines. Competitors include Royal Gold (RGLD) and Franco-Nevada (FNV). Market share information is difficult to pinpoint exactly due to the bespoke nature of each streaming agreement.
- Palladium Streams: Wheaton also purchases palladium production from a portfolio of mines. Competitors include Royal Gold (RGLD) and Franco-Nevada (FNV). Market share information is difficult to pinpoint exactly due to the bespoke nature of each streaming agreement.
Market Dynamics
Industry Overview
The precious metals streaming industry provides alternative financing for mining companies. The demand for precious metals is influenced by factors such as economic uncertainty, inflation, and geopolitical events. The market is growing and is competitive.
Positioning
Wheaton is a major player in the precious metals streaming industry. Its competitive advantages include its diversified portfolio of streaming agreements, its experienced management team, and its strong financial position.
Total Addressable Market (TAM)
The TAM for precious metals streaming is dependent on the availability of financing needs within the mining sector and the overall demand for precious metals. While exact figures are dynamic, analysts suggest it's a multi-billion dollar market. Wheaton is well-positioned to capture a significant portion of the TAM through its streaming agreements.
Upturn SWOT Analysis
Strengths
- Diversified portfolio of streaming agreements
- Experienced management team
- Strong financial position
- Streaming business model mitigates some operational risks associated with mining
Weaknesses
- Reliance on the operational success of mining partners
- Vulnerability to changes in metal prices
- Potential for disputes with mining partners
- Geopolitical risk associated with mining operations in certain jurisdictions
Opportunities
- Expanding streaming agreements with existing and new mining partners
- Acquiring streaming rights to additional precious metals
- Benefiting from rising precious metal prices
- Increased investor interest in alternative investments
Threats
- Declining precious metal prices
- Operational problems at mining operations
- Changes in mining regulations
- Increased competition from other streaming companies
Competitors and Market Share
Key Competitors
- FNV
- RGLD
Competitive Landscape
Wheaton's advantages include its diversified portfolio and streaming model. Disadvantages may include reliance on mining partners and fluctuations in metal prices.
Growth Trajectory and Initiatives
Historical Growth: Wheaton's historical growth has been driven by its ability to secure streaming agreements with mining companies and the performance of precious metal prices.
Future Projections: Future growth is projected to be driven by continued expansion of its streaming portfolio and favorable precious metal prices. Analyst estimates vary, and it is advisable to consult financial news for the specific future projections.
Recent Initiatives: Recent strategic initiatives likely include new streaming agreements, potential acquisitions, and efforts to optimize its portfolio.
Summary
Wheaton Precious Metals is a strong player in the precious metals streaming industry with a diversified portfolio. The company's streaming business model provides a relatively stable revenue stream compared to traditional mining companies. However, they must monitor metal price fluctuations and the operational performance of their mining partners. Careful management of these risks will be key to future growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry News Publications
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice. Consult with a qualified financial advisor before making any investment decisions. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | CEO & Director Mr. Randy V. J. Smallwood P.Eng. | ||
Sector Basic Materials | Industry Gold | Full time employees 44 | Website https://www.wheatonpm.com |
Full time employees 44 | Website https://www.wheatonpm.com |
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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