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
Cash Taxes Paid

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Wheaton Precious Metals Corp
Cash Taxes Paid Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Taxes Paid CAGR 3Y CAGR 5Y CAGR 10Y
Wheaton Precious Metals Corp
TSX:WPM
Cash Taxes Paid
-$1.8m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Barrick Gold Corp
TSX:ABX
Cash Taxes Paid
$650m
CAGR 3-Years
-20%
CAGR 5-Years
9%
CAGR 10-Years
-1%
Kinross Gold Corp
TSX:K
Cash Taxes Paid
$176.2m
CAGR 3-Years
29%
CAGR 5-Years
10%
CAGR 10-Years
0%
Franco-Nevada Corp
TSX:FNV
Cash Taxes Paid
$77.7m
CAGR 3-Years
0%
CAGR 5-Years
14%
CAGR 10-Years
9%
Agnico Eagle Mines Ltd
TSX:AEM
Cash Taxes Paid
$460.4m
CAGR 3-Years
28%
CAGR 5-Years
42%
CAGR 10-Years
24%
Tanzanian Gold Corp
TSX:TNX
Cash Taxes Paid
CA$700k
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 Cash Taxes Paid?
Cash Taxes Paid
-1.8m USD

Based on the financial report for Sep 30, 2024, Wheaton Precious Metals Corp's Cash Taxes Paid amounts to -1.8m USD.

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