Wheaton Precious Metals Corp. WPM

Wheaton Precious Metals Corp. is one of the most prominent precious metals streaming companies in the world. Founded in 2004, and based in Vancouver, Canada, the company operates across the globe. It product range includes gold, silver, palladium and cobalt. In August 2020, the company held streaming agreements for 20 operating mines and nine other projects in the development stage.

Wheaton Precious Metals Corp is listed on the New York Stock Exchange under ticker NYSE: WPM and also on the Toronto Stock Exchange under ticker TSX: WOM.CA. As of August 2020, the company had a market cap of $30.13bn, with a price to earnings ratio of 185.05. The firm pays a dividend to shareholders, and the yield in 2019 was 0.83%. The WPM share price all-time high price of $53.62 was recorded in July 2020.

With a portfolio of low-cost, long-life, precious metal assets, the organisation aims to be the world’s premier precious metals investment vehicle for global investors. The firm strives to provide excellent value for its shareholders via a unique business model. The emphasis is on continuing expansion through the acquisition of new streams, alongside delivering a dividend yield and the potential for long-term growth.

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