Royal Bank of Canada vs Wheaton Precious Metals Corp — how do they compare? Royal Bank of Canada trades at $210.37 (market cap $289.51B), while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: Royal Bank of Canada is far larger — about 6.2× Wheaton Precious Metals Corp's market cap, and Royal Bank of Canada pays the higher dividend (2.42%). Which is the better fit depends on your goals.
| RY | WPM | |
|---|---|---|
Market Cap | $289.51B | $46.54B |
Sector | Financials | Basic Materials |
52-Week High | $217.87 | $165.72 |
52-Week Low | $128.46 | $91.00 |
Dividend Yield | 2.42% | 0.75% |
Enterprise Value | — | $44.39B |
Trailing returns across standard periods
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →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 →