Wheaton Precious Metals Stock Today

WPM Stock  CAD 83.23  1.70  2.00%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 10

 
High
 
Low
Low
Wheaton Precious is selling at 83.23 as of the 13th of November 2024; that is 2% down since the beginning of the trading day. The stock's open price was 84.93. Wheaton Precious has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Wheaton Precious Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of September 2024 and ending today, the 13th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada. WHEATON PRECIOUS operates under Gold classification in Canada and is traded on Toronto Stock Exchange. The company has 453.67 M outstanding shares of which 2.02 M shares are at this time shorted by private and institutional investors with about 2.75 days to cover all short positions. More on Wheaton Precious Metals

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Wheaton Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wheaton Precious' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wheaton Precious or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Wheaton Precious' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Wheaton Precious' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEORandy Smallwood
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Wheaton Precious' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wheaton Precious' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Wheaton Precious can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wheaton Precious' financial leverage. It provides some insight into what part of Wheaton Precious' total assets is financed by creditors.
Liquidity
Wheaton Precious cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Wheaton Precious Metals has accumulated 6.23 M in total debt with debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. Wheaton Precious Metals has a current ratio of 2.68, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Wheaton Precious until it has trouble settling it off, either with new capital or with free cash flow. So, Wheaton Precious' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wheaton Precious Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wheaton to invest in growth at high rates of return. When we think about Wheaton Precious' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

(241.53 Million)
Wheaton Precious Metals (WPM) is traded on Toronto Exchange in Canada and employs 42 people. Wheaton Precious is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 37.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wheaton Precious's market, we take the total number of its shares issued and multiply it by Wheaton Precious's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wheaton Precious Metals operates under Metals & Mining sector and is part of Materials industry. The entity has 453.67 M outstanding shares of which 2.02 M shares are at this time shorted by private and institutional investors with about 2.75 days to cover all short positions. Wheaton Precious Metals has accumulated about 696.09 M in cash with 750.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.
Check Wheaton Precious Probability Of Bankruptcy
Ownership Allocation
Wheaton Precious Metals retains a total of 453.67 Million outstanding shares. Over half of Wheaton Precious' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Wheaton Precious Metals. Please watch out for any change in the institutional holdings of Wheaton Precious Metals as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Wheaton Ownership Details

Wheaton Precious Metals Risk Profiles

Although Wheaton Precious' alpha and beta are two of the key measurements used to evaluate Wheaton Precious' performance over the market, the standard measures of volatility play an important role as well.

Wheaton Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Wheaton Precious without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Wheaton Precious Corporate Directors

John BroughIndependent DirectorProfile
George BrackIndependent DirectorProfile
Charles JeannesIndependent DirectorProfile
Eduardo LunaIndependent DirectorProfile
When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wheaton Precious' future performance. For an informed investment choice regarding Wheaton Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between Wheaton Precious' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.