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WPM

Wheaton Precious Metals Corp.

https://www.wheatonpm.com

Industry

Gold

Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests in the 23 operating mines and 13 development projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

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Shares of precious metal companies are declining as gold prices drop. This is influenced by August's ISM Manufacturing PMI data showing economic contraction and upcoming non-farm payrolls data, which could impact future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 3:56 pm

Wheaton Precious Metals (NYSE:WPM) has delivered an average annual return of 15.34% over the past 5 years, outperforming the market by 1.4% annually. A $1000 investment in WPM 5 years ago would be worth $2,041.57 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 9:00 pm

Scotiabank analyst Tanya Jakusconek has maintained a Sector Outperform rating on Wheaton Precious Metals (NYSE:WPM) and increased the price target from $66.5 to $72.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 3:43 pm

TD Securities analyst Greg Barnes maintains a Buy rating on Wheaton Precious Metals (NYSE:WPM) but lowers the price target from $71 to $70.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:05 pm

Wheaton Precious Metals (NYSE:WPM) has outperformed the market over the past 5 years with an average annual return of 16.46%, resulting in a $100 investment growing to $217.94. The company currently has a market capitalization of $26.32 billion.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 4:31 pm

Wheaton Precious Metals (WPM) has announced its estimated attributable production for 2024, which is expected to be between 325,000 to 370,000 ounces of gold.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:08 pm

Wheaton Precious Metals (NYSE:WPM) reported Q2 2024 adjusted EPS of $0.33, beating the analyst estimate of $0.31. However, sales of $299.064 million missed the $310.500 million estimate. Sales increased by 12.87% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:03 pm

Shares of precious metals stocks are trading lower as gold and silver fall despite overall market uncertainty.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:07 pm

Shares of precious metals stocks are trading lower as gold and silver prices fall amid a rise in the dollar.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:42 pm

Wheaton Precious Metals (NYSE:WPM) has outperformed the market over the past 15 years with an average annual return of 13.51%. A $100 investment in WPM 15 years ago would be worth $681.11 today. The article highlights the impact of compounded returns on long-term investments.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 6:00 pm

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