R Gillin - Wheaton Precious Independent Director
| WPM Stock | CAD 85.10 4.09 4.59% |
Insider
R Gillin is Independent Director of Wheaton Precious Metals since 2004.
| Age | 70 |
| Tenure | 20 years |
| Address | 1021 West Hastings Street, Vancouver, BC, Canada, V6E 0C3 |
| Phone | 604 684 9648 |
| Web | https://www.wheatonpm.com |
Wheaton Precious Management Efficiency
The company has return on total asset (ROA) of 0.0586 % which means that it generated a profit of $0.0586 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0864 %, meaning that it generated $0.0864 on every $100 dollars invested by stockholders. Wheaton Precious' management efficiency ratios could be used to measure how well Wheaton Precious manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.05. At this time, Wheaton Precious' Total Assets are very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 6.8 B, while Non Currrent Assets Other are likely to drop about 5.6 M.Similar Executives
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Management Performance
| Return On Equity | 0.0864 | ||||
| Return On Asset | 0.0586 |
Wheaton Precious Metals Leadership Team
Elected by the shareholders, the Wheaton Precious' board of directors comprises two types of representatives: Wheaton Precious inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wheaton. The board's role is to monitor Wheaton Precious' management team and ensure that shareholders' interests are well served. Wheaton Precious' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wheaton Precious' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gary Brown, Chief Financial Officer, Senior Vice President | ||
| Haytham Hodaly, Senior Vice President - Corporate Development | ||
| Randy Smallwood, President, Chief Executive Officer, Director | ||
| Jamie Beirnes, VP Controller | ||
| Emily Hamer, Director Communications | ||
| Glenn Ives, Director | ||
| John Brough, Independent Director | ||
| George Brack, Independent Director | ||
| Charles Jeannes, Independent Director | ||
| PEng PEng, CEO Pres | ||
| CFA CA, Senior CFO | ||
| Curt Bernardi, Senior Vice President - Legal, Corporate Secretary | ||
| Simona Antolak, Vice Affairs | ||
| Nikola Tatarkin, President, Wheaton International | ||
| Curt LLB, Senior Development | ||
| Wesley PEng, Vice Operations | ||
| Emma Murray, Vice Relations | ||
| Eduardo Luna, Independent Director | ||
| Douglas Holtby, Independent Chairman of the Board | ||
| Marilyn Schonberner, Independent Director | ||
| Chantal Gosselin, Independent Director | ||
| Patrick Drouin, Senior Vice President - Investor Relations | ||
| Randy PEng, CEO President | ||
| R Gillin, Independent Director |
Wheaton Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Wheaton Precious a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0864 | ||||
| Return On Asset | 0.0586 | ||||
| Profit Margin | 0.50 % | ||||
| Operating Margin | 0.58 % | ||||
| Current Valuation | 39.5 B | ||||
| Shares Outstanding | 453.67 M | ||||
| Shares Owned By Insiders | 0.10 % | ||||
| Shares Owned By Institutions | 69.94 % | ||||
| Number Of Shares Shorted | 1.58 M | ||||
| Price To Earning | 81.72 X |
Pair Trading with Wheaton Precious
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheaton Precious position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheaton Precious will appreciate offsetting losses from the drop in the long position's value.Moving together with Wheaton Stock
| 0.89 | AG | First Majestic Silver | PairCorr |
| 0.76 | IE | Ivanhoe Energy | PairCorr |
| 0.62 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Wheaton Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheaton Precious when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheaton Precious - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheaton Precious Metals to buy it.
The correlation of Wheaton Precious is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheaton Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheaton Precious Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wheaton Precious can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.