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, founded in 2004. It provides upfront capital to mining companies in exchange for the right to purchase a fixed percentage of gold, silver, palladium, platinum, and cobalt production at predetermined low prices, offering investors leveraged exposure to precious metals with reduced operational risks compared to traditional mining. This business model spans operations across North America, Europe, Africa, and South America, unlocking value from long-life, low-cost assets while maintaining a debt-free balance sheet bolstered by substantial cash reserves. Wheaton Precious Metals Corp. features a diversified portfolio of high-quality streams, including recent deals like the Hemlo Mine gold stream, supporting robust organic production growth projected to reach over 870,000 gold equivalent ounces by 2029. Recognized for sustainability, it ranks among the 2026 Global 100 Most Sustainable Corporations, emphasizing ESG practices in the mining sector. With strong financial metrics such as high gross margins and consistent quarterly dividends, it plays a pivotal role in the precious metals market by bridging miners' financing needs and delivering stable metal offtake.

Symbol: WPMExchange: TSXCurrency: CAD