Wheaton Precious Metals Corp. (WPM)

NYSE: WPM · IEX Real-Time Price · USD
52.88
-0.64 (-1.20%)
Jun 13, 2024, 4:00 PM EDT - Market closed
-1.20%
Market Cap 23.97B
Revenue (ttm) 1.10B
Net Income (ttm) 590.30M
Shares Out 453.32M
EPS (ttm) 1.30
PE Ratio 40.58
Forward PE 40.45
Dividend $0.62 (1.17%)
Ex-Dividend Date May 29, 2024
Volume 684,070
Open 53.16
Previous Close 53.52
Day's Range 52.50 - 53.71
52-Week Range 38.37 - 57.87
Beta 0.65
Analysts Strong Buy
Price Target 59.44 (+12.41%)
Earnings Date May 9, 2024

About WPM

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, 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. [Read more]

Industry Gold
Sector Materials
IPO Date Jul 14, 2004
Employees 41
Stock Exchange NYSE
Ticker Symbol WPM
Full Company Profile

Financial Performance

In 2023, WPM's revenue was $1.02 billion, a decrease of -4.60% compared to the previous year's $1.07 billion. Earnings were $537.64 million, a decrease of -19.65%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for WPM stock is "Strong Buy." The 12-month stock price forecast is $59.44, which is an increase of 12.41% from the latest price.

Price Target
$59.44
(12.41% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Buy these stocks to profit from silver's rally, BofA says

While it's hard to find stocks that offer “pure play” exposure to silver, BofA Securities analyst Michael Widmer recommended on Wednesday a couple that investors could buy to ride the continued rally ...

Other symbols: SLVPAAS
1 day ago - Market Watch

Wheaton - Bekins Announces Jim Gaw as New President

Industry veteran brings operational, business development experience Indianapolis, Indiana--(Newsfile Corp. - June 12, 2024) - Wheaton | Bekins, the fourth largest van line in the country, taps Jim Ga...

1 day ago - Newsfile Corp

The Copper Trade Is Done. Buy These 8 ‘Greenflation' Stocks Instead.

Societe Generale says to consider shares of companies that mine the metal and other materials critical to the clean energy transition.

16 days ago - Barrons

Wheaton Precious Metals Publishes 2023 Sustainability Report

VANCOUVER, BC , May 23, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce the publication of its 2023 Sustainability Report (the "Report").  "Our 2...

21 days ago - PRNewsWire

'Not Enough Copper' For Next While, Wheaton Precious Metals CEO Says

Wheaton Precious Metals CEO Randy Smallwood says there is not enough copper to satisfy demand "for the next while." Smallwood said one of the key challenges is building mines.

Other symbols: CPER
24 days ago - Bloomberg Markets and Finance

Wheaton Precious Metals CEO: The driving force on gold is strong demand in Asia

Wheaton Precious Metals CEO Randy Smallwood joins CNBC's 'Money Movers' to discuss commodities, gold prices, mergers & acquisitions in gold mining, and more.

4 weeks ago - CNBC Television

Wheaton Precious Metals Announces Election of Directors and Approval of Special Matters and Welcomes New Board Member

VANCOUVER, BC , May 10, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") announces that the nominees listed below were elected to the Board of Directors at the 2024 Annu...

4 weeks ago - PRNewsWire

Wheaton Precious Metals Announces Quarterly Dividend

VANCOUVER, BC , May 9, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its second quarterly cash dividen...

5 weeks ago - PRNewsWire

Wheaton Precious Metals Announces First Quarter 2024 Results

Designated News Release FIRST QUARTER FINANCIAL RESULTS VANCOUVER, BC , May 9, 2024 /PRNewswire/ - "Wheaton delivered a robust quarter to start the year, generating over $219 million in operating cash...

5 weeks ago - PRNewsWire

Up 9% This Year, Will Wheaton Stock Rally Further After Q1 Results?

Wheaton Precious Metals stock (NYSE: WPM) is poised to publish its Q1 2024 results in early May, reporting on a quarter that saw gold prices move considerably higher. We estimate that the company's re...

6 weeks ago - Forbes

Wheaton Precious Metals to Release 2024 First Quarter Results on May 9, 2024

VANCOUVER, BC, April 8, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. will release its 2024 first quarter results on Thursday, May 9, 2024, after market close.  A conference call will be held on ...

2 months ago - PRNewsWire

Here's what's driving the gains for gold

Imaru Casanova, VanEck International Investors Gold Fund portfolio manager, joins 'The Exchange' to discuss catalysts behind gold's recent price movements, how much inflation is playing into gold's pr...

2 months ago - CNBC Television

Wheaton Precious Metals Provides Details of Annual and Special Meeting of Shareholders and Files Form 40-F

VANCOUVER, BC , March 28, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") announces that its Form 40-F report has been filed with the Securities and Exchange Commission...

2 months ago - PRNewsWire

Wheaton Precious Metals Announces Increase to Quarterly Dividend

DIVIDEND DECLARATION VANCOUVER, BC , March 14, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its first...

3 months ago - PRNewsWire

Wheaton Precious Metals Announces Solid 2023 Annual Results and Transition to Progressive Dividend Policy

Designated News Release FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS VANCOUVER, BC , March 14, 2024 /PRNewswire/ - "With a record eight acquisitions totalling just over $1 billion in commitments, we...

3 months ago - PRNewsWire

Down 8% From Highs Seen In December 2023, Will Wheaton Stock Gain Following Q4 Results?

Wheaton Precious Metals stock (NYSE: WPM) is poised to publish its Q4 2023 results around mid-March. We estimate that the company's revenue will come in at about $288 million for the quarter, marking ...

3 months ago - Forbes

Vista Gold Corp. Announces Receipt of the $7 Million Second Instalment Payment Under Wheaton Precious Metals Royalty

DENVER--(BUSINESS WIRE)--Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Vista Gold Australia Pty. Ltd. (“Vista Austra...

Other symbols: VGZ
3 months ago - Business Wire

Wheaton Precious Metals Announces 2023 Production and Sales Results and Forecasts 40% Growth in the Next Five Years

VANCOUVER, BC , Feb. 20, 2024 /PRNewswire/ - "In 2023, the importance of our diversified portfolio of high-quality, low-cost assets was underscored by Wheaton's ability to meet its annual production g...

4 months ago - PRNewsWire

Wheaton Precious Metals Recognized Among Corporate Knights' 2024 100 Most Sustainable Corporations in the World

VANCOUVER, BC , Jan. 17, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that it has ranked among Corporate Knights' 2024 100 Most Sustainable Co...

5 months ago - PRNewsWire

Vista Gold Corp. Announces Receipt of the $3 Million First Installment Payment Under Wheaton Precious Metals Royalty

DENVER--(BUSINESS WIRE)--Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Vista Gold Australia Pty. Ltd. (“Vista Austra...

Other symbols: VGZ
6 months ago - Business Wire

Vista Gold Corp. Announces $20 Million Royalty with Wheaton Precious Metals Corp. on Mt Todd

DENVER--(BUSINESS WIRE)--Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to announce that its wholly-owned subsidiary Vista Gold Australia Pty. Ltd. (“Vista Austral...

Other symbols: VGZ
6 months ago - Business Wire

Bank of America: Bullish on gold into summer

The “Halftime Report” Investment Committee debate their top metal picks.

Other symbols: GLDNEM
6 months ago - CNBC Television

Up 23% This Year, Will Wheaton Precious Metals Stock Continue To See Gains?

Wheaton Precious Metals stock has fared reasonably well this year, rising by about 23% year-to-date, slightly ahead of the S&P 500. There have been a couple of factors helping Wheaton.

6 months ago - Forbes

Wheaton Precious Metals Announces the Acquisition of Existing Streams from Orion Mine Finance Including the Platreef and Kudz Ze Kayah Projects, and Enters into a New Stream on the Curraghinalt Project

VANCOUVER, BC , Nov. 15, 2023 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce Wheaton and its wholly-owned subsidiary, Wheaton Precious Metals Interna...

7 months ago - PRNewsWire

U.S. dollar weakness will bring gold prices to new levels, says Wheaton Precious Metals CEO

Randy Smallwood, Wheaton Precious Metals CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, what colored the CEO's guidance, and how production is being colored by ...

7 months ago - CNBC Television