WPM Stock Summary and Trading Ideas (Wheaton Precious Metals Common Shares (Canada) | NYSE:WPM)

Wheaton Precious Metals Corp is a precious metal streaming company. The company metal streaming company which generates its revenue primarily from the sale of precious metals (gold, silver and palladium) and cobalt. Its reportable segment includes: Gold, Silver, Palladium, Platinum, Cobalt, and Other.

Wheaton Precious Metals Common Shares (Canada) trades on the NYSE stock market under the symbol WPM.

As of April 15, 2025, WPM stock price declined to $82.04 with 436,695 million shares trading.

WPM has a beta of 1.03, meaning it tends to be more sensitive to market movements. WPM has a correlation of 0.31 to the broad based SPY ETF.

WPM has a market cap of $37.19 billion. This is considered a Large Cap stock.

Last quarter Wheaton Precious Metals Common Shares (Canada) reported $381 million in Revenue and $.44 earnings per share. This fell short of revenue expectation by $-14 million and exceeded earnings estimates by $.01.

In the last 3 years, WPM traded as high as $83.63 and as low as $28.62.

The top ETF exchange traded funds that WPM belongs to (by Net Assets): GDX, SIL, CGGR, INFL, DFAI.

WPM has outperformed the market in the last year with a price return of +59.6% while the SPY ETF gained +7.5%. WPM has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +44.4% and +6.1%, respectively, while the SPY returned -6.6% and -3.1%, respectively.

WPM support price is $80.02 and resistance is $84.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WPM shares will trade within this expected range on the day.