Wheaton Precious Metals Corp
NYSE:WPM

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Wheaton Precious Metals Corp
NYSE:WPM
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Price: 57.11 USD 0.37% Market Closed
Market Cap: 25.9B USD
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Wheaton Precious Metals Corp
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Wheaton Precious Metals Corp
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
Wheaton Precious Metals Corp
TSX:WPM
Net Income (Common)
$609.4m
CAGR 3-Years
-1%
CAGR 5-Years
109%
CAGR 10-Years
10%
Barrick Gold Corp
TSX:ABX
Net Income (Common)
$1.6B
CAGR 3-Years
-6%
CAGR 5-Years
3%
CAGR 10-Years
N/A
Kinross Gold Corp
TSX:K
Net Income (Common)
$738.6m
CAGR 3-Years
-10%
CAGR 5-Years
34%
CAGR 10-Years
N/A
Franco-Nevada Corp
TSX:FNV
Net Income (Common)
-$605.8m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Agnico Eagle Mines Ltd
TSX:AEM
Net Income (Common)
$1B
CAGR 3-Years
15%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Tanzanian Gold Corp
TSX:TNX
Net Income (Common)
CA$1.9m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
17%
No Stocks Found

Wheaton Precious Metals Corp
Glance View

Market Cap
25.9B USD
Industry
Metals & Mining
Economic Moat
Narrow

Wheaton Precious Metals Corp. has carved a unique niche in the mining industry, standing out not as a traditional miner but as a streaming company, which is a distinguishing feature of its business model. Founded in 2004, Wheaton's business strategy revolves around purchasing precious metals production from mining operations around the world. The company negotiates these streaming agreements to acquire the right to purchase all or a part of the precious metals produced by the mining operations at a predetermined price, providing the miners with upfront capital for their projects. This arrangement allows Wheaton to focus on purchasing metals instead of getting involved in exploration or operational concerns, thus mitigating some of the inherent risks of mining. The company's income primarily flows through the streamlining agreements, benefiting from the difference between its low fixed costs and prevailing market prices for gold, silver, and other precious metals. By purchasing production at reduced rates—often well below market value—Wheaton locks in significant profit margins, especially during periods of rising commodity prices. Importantly, this model allows Wheaton to maintain a diversified portfolio of streams, reducing single-mine risk and ensuring stable cash flows. This unique setup has allowed Wheaton to consistently deliver strong financial results, appealing to investors who favor precious metal exposure without the operational complexities typical of mining ventures.

WPM Intrinsic Value
23.54 USD
Overvaluation 59%
Intrinsic Value
Price

See Also

What is Wheaton Precious Metals Corp's Net Income (Common)?
Net Income (Common)
609.4m USD

Based on the financial report for Sep 30, 2024, Wheaton Precious Metals Corp's Net Income (Common) amounts to 609.4m USD.

What is Wheaton Precious Metals Corp's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
10%

Over the last year, the Net Income (Common) growth was 14%. The average annual Net Income (Common) growth rates for Wheaton Precious Metals Corp have been -1% over the past three years , 109% over the past five years , and 10% over the past ten years .

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