
Wheaton Precious Metals Corp.
Wheaton Precious Metals Corp (WPM) is a precious‑metals streaming company that provides upfront financing to mining operators in exchange for the right to purchase a portion of production at fixed, typically discounted, prices. This model gives investors exposure to gold, silver and other metals without direct operating or capital‑intensive mine ownership risks. WPM’s portfolio consists of long‑dated streams and royalties across multiple jurisdictions, supporting relatively predictable cash flow and margin potential, while growth depends on new streaming agreements and portfolio optimisation. Key considerations include sensitivity to metal prices, counterparty operational and permitting risks, geopolitical and currency exposures, and the company’s capital allocation decisions (dividends, buybacks, acquisitions). With a market capitalisation around $43.49 billion, WPM can be used by investors seeking metals exposure with different risk characteristics to traditional miners — but values can rise and fall and past performance is not a guide. This is general educational information, not personalised investment advice.
Why It's Moving

Wheaton Precious Metals Gains Momentum as Institutional Buying and Bullish Technicals Signal Upside Potential
Wheaton Precious Metals shares climbed 3.68% to $119.70 amid fresh institutional interest and favorable technical shifts. Investors are responding to a major fund's stake increase and analyst upgrades, highlighting the stock's appeal in a strong precious metals environment.
- Exchange Traded Concepts LLC boosted its WPM holdings by 62.2% in Q3, reflecting growing confidence in the streaming giant's growth trajectory.[2]
- RSI indicator exited overbought territory on Dec 15 while 10-day MA crossed bullishly above 50-day MA earlier in December, indicating sustained upward trend momentum.[1]
- Royal Bank of Canada upgraded WPM to 'outperform' with a $130 target on Dec 10, underscoring robust fundamentals in precious metals streaming.[2]

Wheaton Precious Metals Gains Momentum as Institutional Buying and Bullish Technicals Signal Upside Potential
Wheaton Precious Metals shares climbed 3.68% to $119.70 amid fresh institutional interest and favorable technical shifts. Investors are responding to a major fund's stake increase and analyst upgrades, highlighting the stock's appeal in a strong precious metals environment.
- Exchange Traded Concepts LLC boosted its WPM holdings by 62.2% in Q3, reflecting growing confidence in the streaming giant's growth trajectory.[2]
- RSI indicator exited overbought territory on Dec 15 while 10-day MA crossed bullishly above 50-day MA earlier in December, indicating sustained upward trend momentum.[1]
- Royal Bank of Canada upgraded WPM to 'outperform' with a $130 target on Dec 10, underscoring robust fundamentals in precious metals streaming.[2]
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying Wheaton Precious Metals stock with a target price of $67.07, indicating growth potential.
Financial Health
Wheaton Precious Metals is performing well with solid revenue, profits, and cash flow generation.
Dividend
Wheaton Precious Metals has a low dividend yield of 0.69%, which may not appeal to dividend-focused investors. If you invested $1000 you would be paid $6.90 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring WPM
Golden Haven: Geopolitical Risk
This carefully selected group of stocks features companies positioned to benefit from the gold price surge driven by global uncertainty. Professional analysts have identified these precious metals players as potentially profitable opportunities during times of market volatility and inflation concerns.
Published: July 14, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Streaming Business Model
Upfront financing arrangements can deliver high cash margins and steady metal flows, though revenues remain tied to metal prices and partner performance.
Diversified Asset Base
Streams across countries and commodities spread some risk, but geopolitical or operational events at partner mines can still affect supply.
Growth Via Agreements
New streaming deals and portfolio optimisation can drive growth, though they require disciplined capital allocation and careful due diligence.
Compare Wheaton Precious Metals with other stocks


Air Products vs Wheaton Precious Metals
Air Products vs Wheaton Precious Metals


Wheaton Precious Metals vs Vulcan Materials
Wheaton Precious Metals vs Vulcan Materials


Wheaton Precious Metals vs Martin Marietta
Wheaton Precious Metals vs Martin Marietta
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
BHP Billiton Limited
Engages in exploration, production, and processing of minerals, oil, and gas.
Agnico Eagle Mines Ltd
Agnico Eagle Mines is a gold producer with mines in Canada, Finland, Mexico, and the US.
AngloGold Ashanti Ltd.
AngloGold Ashanti plc is a global gold mining company with a diverse portfolio of operations, projects and exploration activities in 10 countries, across four continents. The Company’s diverse portfolio includes approximately 11 operations in Argentina, Australia, Brazil, the Democratic Republic of the Congo (DRC), Egypt, Ghana, Guinea and Tanzania. The Company’s portfolio includes Africa, the Americas, and Australia. Its Africa portfolio includes Kibali- managed by Barrick Gold Corporation, Egypt (Sukari), Ghana (Iduapriem and Obuasi), Guinea (Siguiri) and Tanzania (Geita). The Americas hosts three of its operations, one in Argentina and two in Brazil, as well as two greenfield projects in Colombia and a significant new greenfield development in Nevada in the United States. Australia hosts two of its operations, which include Sunrise Dam and Tropicana, both in the north-eastern goldfields in the state of Western Australia.