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Wheaton Precious Metals
(TSX:WPM)
Wheaton Precious Metals (WPM) vs. iShares MSCI Canada ETF (EWC)
Wheaton Precious Metals Business Overview & Revenue Model
Wheaton Precious Metals Earnings Call Summary
Wheaton Precious Metals Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.66B | 1.28B | 1.02B | 1.07B | 1.20B | 1.10B |
| Gross Profit | 1.12B | 802.59M | 573.44M | 565.48M | 658.92M | 585.57M |
| EBITDA | 1.22B | 892.93M | 728.46M | 746.15M | 1.01B | 767.82M |
| Net Income | 789.04M | 529.14M | 537.64M | 669.13M | 754.88M | 507.80M |
Balance Sheet | ||||||
| Total Assets | 7.98B | 7.42B | 7.03B | 6.76B | 6.30B | 5.96B |
| Cash, Cash Equivalents and Short-Term Investments | 1.01B | 818.17M | 546.53M | 696.09M | 226.04M | 192.68M |
| Total Debt | 8.25M | 5.17M | 6.23M | 1.97M | 2.87M | 198.64M |
| Total Liabilities | 256.68M | 165.08M | 45.67M | 42.23M | 46.03M | 242.70M |
| Stockholders Equity | 7.73B | 7.26B | 6.99B | 6.72B | 6.25B | 5.71B |
Cash Flow | ||||||
| Free Cash Flow | 756.07M | 369.25M | 74.94M | 721.76M | 319.18M | 763.62M |
| Operating Cash Flow | 1.35B | 1.03B | 750.81M | 743.42M | 845.14M | 765.44M |
| Investing Cash Flow | -600.16M | -488.30M | -646.65M | -44.30M | -404.22M | 149.65M |
| Financing Cash Flow | -283.75M | -267.39M | -254.24M | -228.89M | -407.61M | -826.90M |
Wheaton Precious Metals Technical Analysis
Wheaton Precious Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $113.32B | 23.54 | 15.67% | 1.00% | 38.72% | 250.70% | |
| ― | $78.54B | 20.73 | 11.41% | 1.59% | 20.13% | 90.22% | |
| ― | C$50.49B | 46.01 | 12.61% | 0.80% | 21.83% | ― | |
| ― | $39.76B | 18.78 | 22.05% | 0.52% | 38.34% | 218.80% | |
| ― | $61.49B | 55.72 | 10.60% | 0.67% | 51.33% | 42.31% | |
| ― | $8.47B | 76.71 | 6.27% | 0.63% | 18.24% | ― | |
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Wheaton Precious Metals Corporate Events
Wheaton Precious Metals announced it will release its third quarter results for 2025 on November 6, with a conference call scheduled for November 7 to discuss the outcomes. This announcement is part of Wheaton’s ongoing efforts to maintain transparency with stakeholders and highlights its commitment to financial communication and investor relations.
Wheaton Precious Metals Corp. announced it will release its third-quarter results for 2025 on November 6, after market close, with a conference call scheduled for the following day to discuss the results. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (TSE:WPM) stock is a Buy with a C$9600.00 price target. To see the full list of analyst forecasts on Wheaton Precious Metals stock, see the TSE:WPM Stock Forecast page.
Wheaton Precious Metals Corp. has issued and allotted a total of 52,991 common shares as part of its dividend reinvestment plan and the exercise of vested share option rights by eligible employees. These shares are listed on the Toronto Stock Exchange and the New York Stock Exchange, and the company is seeking admission for trading on the London Stock Exchange. This issuance increases the company’s total voting rights to 454,010,126, providing shareholders with a new denominator for interest calculations under the Financial Conduct Authority’s rules.
Wheaton Precious Metals has committed to a financing package to support Carcetti Capital’s acquisition of the Hemlo Mine from Barrick Mining Corporation. The package includes a $400 million gold stream, equity financing, and bank debt. This strategic move is expected to enhance the Hemlo Mine’s potential and contribute to Wheaton’s long-term value creation strategy. The acquisition underscores Wheaton’s focus on disciplined capital deployment and its role in advancing strategic mergers and acquisitions in the mining sector, potentially benefiting stakeholders and strengthening the company’s industry position.
The most recent analyst rating on (TSE:WPM) stock is a Hold with a C$110.00 price target. To see the full list of analyst forecasts on Wheaton Precious Metals stock, see the TSE:WPM Stock Forecast page.
Wheaton Precious Metals Corp. announced the issuance of 1,817 common shares following the exercise of share option rights by eligible employees. These shares are set to be listed on major stock exchanges, including the Toronto Stock Exchange, New York Stock Exchange, and the London Stock Exchange. As of August 31, 2025, the company’s total issued share capital consists of 453,957,135 common shares, each carrying one voting right. This update informs shareholders of the total voting rights available, impacting how they calculate their interests in the company under the Financial Conduct Authority’s rules.
Wheaton Precious Metals Corp. announced that Vincent Lau, the Chief Financial Officer, has purchased 190 common shares of the company at a price of CA$132.07 per share on the Toronto Stock Exchange. This transaction, disclosed in compliance with the Market Abuse Regulation, highlights the confidence of Wheaton’s management in the company’s future prospects and may positively influence investor sentiment.
Wheaton Precious Metals’ recent earnings call painted a largely positive picture, underscoring the company’s strong financial performance, production growth, and successful strategic initiatives. Despite facing some operational challenges and potential future tax implications, Wheaton’s robust financial position and growth potential offer a compelling outlook for investors.
Wheaton Precious Metals is a leading precious metals streaming company, primarily involved in the mining sector, known for its high-quality portfolio of long-life, low-cost assets and strong ESG practices. The company recently announced record financial results for the second quarter of 2025, with significant increases in revenue, net earnings, and operating cash flow, driven by higher gold equivalent prices and increased production. Key highlights include a record $503 million in revenue, $292 million in net earnings, and $415 million in operating cash flow, alongside strategic advancements such as the commencement of production at the Blackwater and Goose projects. Wheaton’s strong balance sheet, with $1 billion in cash and no debt, positions it well for future growth and investment opportunities. Looking ahead, Wheaton remains optimistic about its growth prospects, with plans to increase annual production significantly by 2029, reflecting the company’s commitment to disciplined capital deployment and long-term value creation for stakeholders.
Wheaton Precious Metals reported record financial performance for the second quarter of 2025, achieving $503 million in revenue and $415 million in operating cash flow. The company made notable progress in its growth strategy, with the commencement of commercial production at the Blackwater mine and the first gold pour at the Goose project, enhancing its production capabilities and de-risking its growth profile. The company maintains a strong balance sheet with no debt and a substantial cash reserve, while also being recognized for its leadership in sustainability.
The most recent analyst rating on (TSE:WPM) stock is a Buy with a C$107.00 price target. To see the full list of analyst forecasts on Wheaton Precious Metals stock, see the TSE:WPM Stock Forecast page.
Wheaton Precious Metals has announced a 6.5% increase in its quarterly cash dividend to US$0.165 per common share, reflecting the company’s strong financial performance and commitment to returning value to shareholders. The dividend will be paid on September 4, 2025, to shareholders of record as of August 21, 2025. Additionally, the company continues to offer a Dividend Reinvestment Plan, allowing shareholders to reinvest dividends into additional shares, demonstrating Wheaton’s strategic focus on shareholder engagement and long-term growth.
The most recent analyst rating on (TSE:WPM) stock is a Buy with a C$107.00 price target. To see the full list of analyst forecasts on Wheaton Precious Metals stock, see the TSE:WPM Stock Forecast page.
Wheaton Precious Metals Corp. announced the issuance of 1,016 common shares following the exercise of share options by eligible employees. These shares are listed on the Toronto and New York Stock Exchanges, and an application for listing on the London Stock Exchange is underway. As of July 31, 2025, the company’s total issued share capital consists of 453,955,318 common shares, each carrying one voting right. This update is significant for shareholders as it impacts their voting rights calculations under the Financial Conduct Authority’s rules.