Albemarle Corp. vs Wheaton Precious Metals Corp — how do they compare? Albemarle Corp. trades at $131.2 (market cap $15.27B), while Wheaton Precious Metals Corp trades at $136.69 (market cap $60.94B). The key difference: Wheaton Precious Metals Corp is far larger — about 4× Albemarle Corp.'s market cap, and Albemarle Corp. pays the higher dividend (1.27%). Which is the better fit depends on your goals.
| ALB | WPM | |
|---|---|---|
Market Cap | $15.27B | $60.94B |
Sector | Basic Materials | Basic Materials |
52-Week High | $215.62 | $165.72 |
52-Week Low | $72.58 | $91.02 |
Enterprise Value | $17.75B | $62.82B |
Dividend Yield | 1.27% | 0.58% |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →