Randy Smallwood - Wheaton Precious President, Chief Executive Officer, Director
| WPM Stock | CAD 107.63 0.56 0.52% |
CEO
Mr. Randy V. J. Smallwood serves as President, Chief Executive Officer, Director of the Company. Mr. Smallwood holds a geological engineering degree from the University of British Columbia. Mr. Smallwood was involved in the founding of Wheaton and in 2007, he joined Wheaton full time as Executive Vice President of Corporationrationrate Development, primarily focusing on growing the Company through the evaluation and acquisition of silver stream opportunities. In January 2010 he was appointed President, and in April 2011 he was appointed Wheatons Chief Executive Officer. Mr. Smallwood originally started as an exploration geologist with Wheaton River Minerals Ltd., and in 2001 was promoted to Director of Project Development, his role through its 2005 merger with Goldcorp. Before joining the original Wheaton River group in 1993, Mr. Smallwood also worked with Homestake Mining Company, Teck Corporationration and Westmin Resources. Mr. Smallwood was an instrumental part of the team that built Wheaton River Goldcorp into one of the largest, and more importantly, one of the most profitable gold companies in the world, and he is now focused on continuing to add to the impressive growth profile of Wheaton. Mr. Smallwood has served on the board of Defiance Silver Corporationration since 2005. Mr. Smallwood formerly served on the board of Ventana Gold from 2008 to 2011, Castle Peak Resources from 2010 to 2012, and Tigray Resources Inc. from 2011 to May 2014. Mr. Smallwood is also the chairman of the board for Special Olympics BC, and a member of the boards of the BC Cancer Foundation, Minerals Ed BC, and Mining for Life. In 2015, Mr. Smallwood received the British Columbia Institute of Technology Distinguished Alumni Award. since 2011.
| Age | 54 |
| Tenure | 14 years |
| Phone | 604 684 9648 |
| Web | https://www.wheatonpm.com |
Wheaton Precious Management Efficiency
The company has return on total asset (ROA) of 0.0545 % which means that it generated a profit of $0.0545 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0743 %, meaning that it generated $0.0743 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.Wheaton Precious Metals has accumulated 6.23 M in total debt with debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. Wheaton Precious Metals has a current ratio of 2.68, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Wheaton Precious until it has trouble settling it off, either with new capital or with free cash flow. So, Wheaton Precious' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wheaton Precious Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wheaton to invest in growth at high rates of return. When we think about Wheaton Precious' use of debt, we should always consider it together with cash and equity.
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| Paul Brink | Franco Nevada | 56 | |
| Ammar MBA | Agnico Eagle Mines | 61 | |
| David Harquail | Franco Nevada | 62 | |
| Michael PGeo | Pan American Silver | 59 | |
| Michael Steinmann | Pan American Silver | 53 | |
| Nolan Watson | Sandstorm Gold Ltd | 39 | |
Management Performance
| Return On Equity | 0.0743 | ||||
| Return On Asset | 0.0545 |
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 | 0.0743 | ||||
| Return On Asset | 0.0545 | ||||
| Profit Margin | 0.41 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 47.66 B | ||||
| Shares Outstanding | 453.68 M | ||||
| Shares Owned By Insiders | 0.10 % | ||||
| Shares Owned By Institutions | 71.32 % | ||||
| Number Of Shares Shorted | 1.86 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
Moving against Wheaton Stock
| 0.63 | GOOG | Alphabet CDR | PairCorr |
| 0.59 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.51 | IE | Ivanhoe Energy | PairCorr |
| 0.51 | AMZN | Amazon CDR | PairCorr |
| 0.39 | AAPL | Apple Inc CDR | 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.