Lithium Americas Corp vs Wheaton Precious Metals Corp — how do they compare? Lithium Americas Corp trades at $3.07 (market cap $1.01B), while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: Wheaton Precious Metals Corp is far larger — about 46.1× Lithium Americas Corp's market cap, and Wheaton Precious Metals Corp pays a 0.75% dividend while Lithium Americas Corp pays none. Which is the better fit depends on your goals.
| LAC | WPM | |
|---|---|---|
Market Cap | $1.01B | $46.54B |
Sector | Basic Materials | Basic Materials |
52-Week High | $10.05 | $165.72 |
52-Week Low | $2.55 | $91.00 |
Enterprise Value | $1.13B | $44.39B |
Dividend Yield | — | 0.75% |
Trailing returns across standard periods
Lithium Americas is a resource company focused on developing the Thacker Pass project in Nevada, the largest known lithium resource in the US. It aims to become a major supplier for the electric vehicle battery market.
Read more on LAC →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 →