Wheaton Precious Metals Corp
TSX:WPM

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Wheaton Precious Metals Corp
TSX:WPM
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Price: 85.58 CAD -0.74% Market Closed
Market Cap: 38.8B CAD
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Wheaton Precious Metals Corp
Other Long-Term Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Wheaton Precious Metals Corp
Other Long-Term Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Long-Term Assets CAGR 3Y CAGR 5Y CAGR 10Y
Wheaton Precious Metals Corp
TSX:WPM
Other Long-Term Assets
$108m
CAGR 3-Years
25%
CAGR 5-Years
18%
CAGR 10-Years
14%
Barrick Gold Corp
TSX:ABX
Other Long-Term Assets
$4B
CAGR 3-Years
-1%
CAGR 5-Years
0%
CAGR 10-Years
2%
Kinross Gold Corp
TSX:K
Other Long-Term Assets
$643m
CAGR 3-Years
12%
CAGR 5-Years
8%
CAGR 10-Years
5%
Franco-Nevada Corp
TSX:FNV
Other Long-Term Assets
$87.3m
CAGR 3-Years
11%
CAGR 5-Years
60%
CAGR 10-Years
3%
Agnico Eagle Mines Ltd
TSX:AEM
Other Long-Term Assets
$827.5m
CAGR 3-Years
43%
CAGR 5-Years
38%
CAGR 10-Years
29%
Tanzanian Gold Corp
TSX:TNX
Other Long-Term Assets
CA$3.2m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Wheaton Precious Metals Corp
Glance View

Market Cap
38.8B CAD
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
33.78 CAD
Overvaluation 61%
Intrinsic Value
Price

See Also

What is Wheaton Precious Metals Corp's Other Long-Term Assets?
Other Long-Term Assets
108m USD

Based on the financial report for Sep 30, 2024, Wheaton Precious Metals Corp's Other Long-Term Assets amounts to 108m USD.

What is Wheaton Precious Metals Corp's Other Long-Term Assets growth rate?
Other Long-Term Assets CAGR 10Y
14%

Over the last year, the Other Long-Term Assets growth was 37%. The average annual Other Long-Term Assets growth rates for Wheaton Precious Metals Corp have been 25% over the past three years , 18% over the past five years , and 14% over the past ten years .

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