Wheaton Precious Metals Corp

Industry: Gold

Sector: Basic Materials

Primary metal: Silver

About

Wheaton Precious Metals Corp. is a leading precious metals streaming company headquartered in Vancouver, Canada. Rather than engaging directly in mining operations, the company finances mining partners through upfront payments in exchange for the right to purchase a portion of the gold, silver, and occasionally cobalt or palladium produced by those mines at a low, fixed cost. This business model allows Wheaton Precious Metals Corp. to provide exposure to the price movements and production growth of precious metals with significantly reduced operational and capital risk compared to traditional mining companies. The company’s diversified portfolio spans multiple countries, with streaming agreements connected to mines in Mexico, Peru, Canada, the United States, Sweden, and Brazil, among others. Wheaton’s approach offers its stakeholders a combination of long-life assets, organic growth opportunities, and responsible, sustainable business practices. Its financial strength—demonstrated by a strong balance sheet and debt-free status—further supports its capacity to invest in new projects and support communities connected to its operations. Wheaton Precious Metals Corp. plays a significant role in the global precious metals market, providing capital to mining companies while delivering steady, lower-risk exposure to precious metals for its shareholders.

Symbol: WPMExchange: TSXCurrency: CAD