Wheaton Precious Metals Corp.

WPM

1 Followers
$82.55 -2.81% -$2.39
5 August
Upcoming Earnings
 
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WPM Fair Price

$89.95
Overvalued by 71.1%
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Wheaton Precious Metals Corp. (WPM) is a Canadian company specializing in precious metals streaming and royalties. The company enters agreements with mining companies, providing them with financing in exchange for a share of their production, which it then purchases at favorable prices. Wheaton Precious Metals gains access to gold, silver, and other metal production without the need for actual mining operations. Thanks to its unique business model, the company is relatively resilient to fluctuations in commodity markets and can benefit from positive trends in precious metal prices. With a diverse portfolio of assets worldwide, Wheaton Precious Metals Corp. is one of the largest players in the streaming industry. Wheaton Precious Metals Corp. (WPM) shares may be an attractive investment opportunity for those interested in precious metals, seeking exposure to the potential growth of these metals with reduced mining-related risks.

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