Wheaton Precious Metals Stock Today

WPM Stock  USD 63.81  0.33  0.52%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 6

 
High
 
Low
Low
Wheaton Precious is selling at 63.81 as of the 25th of November 2024; that is 0.52% increase since the beginning of the trading day. The stock's lowest day price was 63.26. Wheaton Precious has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Note, on January 2, 2019, Representative Tom O'Halleran of US Congress acquired under $15k worth of Wheaton Precious Metals's common stock.
Business Domain
Materials
IPO Date
14th of July 2004
Category
Basic Materials
Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada. Wheaton Precious operates under Gold classification in the United States and is traded on New York Stock Exchange. The company has 453.67 M outstanding shares of which 8.24 M shares are at this time shorted by investors with about 4.89 days to cover. More on Wheaton Precious Metals

Moving together with Wheaton Stock

  0.62X United States SteelPairCorr

Moving against Wheaton Stock

  0.46GGB Gerdau SA ADR Potential GrowthPairCorr

Wheaton Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORandy Smallwood
Thematic Ideas
(View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, ARCA Gold BUGS, SP TSX Composite, Thomson Reuters Canada, Philadelphia GoldSilver, Stlmt ID PHLX, Gold and Gold Mining, Precious Metals, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.1478
Notably Down
Slightly volatile
Gross Profit Margin0.650.5629
Fairly Up
Slightly volatile
Total Current Liabilities40 M26.1 M
Way Up
Pretty Stable
Non Current Liabilities Total18.6 M19.6 M
Notably Down
Pretty Stable
Total Assets7.4 BB
Sufficiently Up
Slightly volatile
Total Current Assets592.7 M564.5 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities387.9 M766.1 M
Way Down
Slightly volatile
Debt Levels
Wheaton Precious can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wheaton Precious' financial leverage. It provides some insight into what part of Wheaton Precious' total assets is financed by creditors.
Liquidity
Wheaton Precious Metals has 6.23 M in debt. Wheaton Precious Metals has a current ratio of 20.87, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Wheaton to invest in growth at high rates of return.

Total Cash From Financing Activities

(241.53 Million)
Wheaton Precious Metals (WPM) is traded on New York Stock Exchange in USA. It is located in 1021 West Hastings Street, Vancouver, BC, Canada, V6E 0C3 and employs 42 people. Wheaton Precious is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 28.95 B. Wheaton Precious Metals runs under Metals & Mining sector within Materials industry. The entity has 453.67 M outstanding shares of which 8.24 M shares are at this time shorted by investors with about 4.89 days to cover. Wheaton Precious Metals has about 696.09 M in cash with 766.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.99.
Check Wheaton Precious Probability Of Bankruptcy
Ownership Allocation
Wheaton Precious Metals retains a total of 453.67 Million outstanding shares. Over half of Wheaton Precious' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that on January 2, 2019, Representative Tom O'Halleran of US Congress acquired under $15k worth of Wheaton Precious Metals's common stock.
Check Wheaton Ownership Details

Wheaton Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
M
Neuberger Berman Group Llc2024-06-30
5.2 M
Mirae Asset Global Etfs Holdings Ltd.2024-06-30
M
Bank Of America Corp2024-06-30
4.9 M
Legal & General Group Plc2024-06-30
3.8 M
Connor Clark & Lunn Inv Mgmt Ltd2024-06-30
3.7 M
Cibc World Markets Inc.2024-06-30
3.6 M
Bank Of Montreal2024-06-30
3.5 M
Bmo Capital Markets Corp.2024-06-30
3.5 M
Capital World Investors2024-09-30
39.2 M
Van Eck Associates Corporation2024-06-30
20 M
View Wheaton Precious Diagnostics

Wheaton Precious Historical Income Statement

At this time, Wheaton Precious' Income Tax Expense is very stable compared to the past year. As of the 25th of November 2024, Research Development is likely to grow to about 1.1 M, while Total Revenue is likely to drop about 532.3 M. View More Fundamentals

Wheaton Stock Against Markets

Wheaton Precious Corporate Directors

Emily HamerDirector CommunicationsProfile
John BroughIndependent DirectorProfile
George BrackIndependent DirectorProfile
Charles JeannesIndependent DirectorProfile

Already Invested in Wheaton Precious Metals?

The danger of trading Wheaton Precious Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wheaton Precious is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wheaton Precious. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wheaton Precious Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wheaton Precious' future performance. For an informed investment choice regarding Wheaton Stock, refer to the following important reports:
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 american community survey.
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wheaton Precious. If investors know Wheaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wheaton Precious listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.323
Dividend Share
0.615
Earnings Share
1.34
Revenue Per Share
2.686
Quarterly Revenue Growth
0.381
The market value of Wheaton Precious Metals is measured differently than its book value, which is the value of Wheaton that is recorded on the company's balance sheet. Investors also form their own opinion of Wheaton Precious' value that differs from its market value or its book value, called intrinsic value, which is Wheaton Precious' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wheaton Precious' market value can be influenced by many factors that don't directly affect Wheaton Precious' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.