WPM : Wheaton Precious Metals Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Wheaton Precious Metals Corp trades with the ticker WPM on the TSX and is in the Gold industry.

Overview
Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 10, 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.
 

Looking to invest in Wheaton Precious Metals Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

WPM.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $27494.592MM

PE Ratio: 38.173

Price: 44.94 (Updated: 3/12/2024 0:47:16)



Wheaton Precious Metals Corp (WPM) vs Competitors in Gold

Lets see how WPM.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:

Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc

.

Gold Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Barrick Gold Corporation (ABX) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • Wheaton Precious Metals Corp (WPM) vs Barrick Gold Corporation (ABX)
    • WPM has higher EPS (1.59 vs 0.97). ABX has higher dividend yield (2.6% vs 1.4%). WPM has a higher P/E ratio (38.173 vs 21.948) indicating it’s more expensive.
  • Wheaton Precious Metals Corp (WPM) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs 1.59). AEM has higher dividend yield (2.9% vs 1.4%). WPM has a higher P/E ratio (38.173 vs 14.049) indicating it’s more expensive.
  • Wheaton Precious Metals Corp (WPM) vs Alamos Gold Inc (AGI)
    • WPM has higher EPS (1.59 vs 0.71). WPM has higher dividend yield (1.4% vs 0.8%). WPM has a higher P/E ratio (38.173 vs 25.408) indicating it’s more expensive.
  • Wheaton Precious Metals Corp (WPM) vs Galiano Gold Inc (AKG)
    • WPM has higher EPS (1.59 vs -0.003). WPM has higher dividend yield (1.4% vs 0.0%). AKG has a P/E under 0, indicating WPM (P/E 38.173) is in a better position.
  • Wheaton Precious Metals Corp (WPM) vs Alio Gold Inc (ALO)
    • WPM has higher EPS (1.59 vs -0.274). WPM has higher dividend yield (1.4% vs 0.0%). ALO has a P/E under 0, indicating WPM (P/E 38.173) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (36.00) than the industry average (49.88), indicating attractive valuation.
 

How to Buy WPM stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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