Wheaton Precious Metals offers strong gold-silver growth but trades at a premium with some risks.

Wheaton Precious Metals (WPM) is a major player in precious metals royalties and streaming, with balanced exposure to gold and silver. It aims for a 7.5% compound annual growth rate in gold equivalent ounces through 2030, supported by long mine lives and low-cost assets. Currently trading at about 34 times forward earnings, WPM is pricier than peers and the broader market, with a projected 5-year internal rate of return around 10%. Key risks include potential drops in metal prices, revenue concentration from a single asset (Salobo), and concerns about CEO's alignment due to limited share ownership.

Wheaton Precious Metals trades at USD 149.51 on Pluang as of Sep 15, 2026 19:13 WIB, down slightly by 0.11% in one day. The company holds a market cap of $68.15 billion and a dividend yield of 0.52%. Its 52-week price range is between USD 94.37 and USD 165.72, showing notable volatility in the past year.