(WPM) Wheaton Precious Metals - Ratings and Ratios

Wheaton Precious Metals Corp. (TO:WPM) is a leading precious metals streaming company with a diversified portfolio of high-quality assets. The company specializes in entering into long-term purchase agreements with miners to acquire an interest in their precious metals production in exchange for upfront payments. Wheatons portfolio includes interests in 23 operating mines and 13 development projects globally, with a focus on gold, silver, palladium, platinum, and cobalt. The company was rebranded from Silver Wheaton Corp. in May 2017 to reflect its expanded focus beyond silver. Founded in 2004 and headquartered in Vancouver, Canada, Wheaton operates with a strong emphasis on counterparty risk mitigation and portfolio diversification.

From a technical perspective, WPM is trading at CAD 116.36 with a 20-day average volume of 906,610 shares. The stock has shown upward momentum, with its SMA 20 at 109.40 and SMA 50 at 103.99, indicating a bullish trend. The SMA 200 of 89.03 highlights longer-term growth potential. The ATR of 3.84 suggests moderate volatility. Over the next three months, WPM is expected to test resistance near CAD 125.00, supported by its rising SMA 50. A breach below CAD 105.00 could signal a reversal.

Fundamentally, Wheatons market cap stands at CAD 52,826.27M, reflecting its position as a major player in the precious metals streaming sector. The forward P/E of 40.16 indicates investor confidence in future earnings growth, while the current P/E of 71.88 suggests elevated valuations. The P/B ratio of 5.24 highlights the premium investors are placing on the companys assets. With a P/S of 41.12 and an RoE of 7.29%, Wheaton demonstrates strong profitability metrics. Over the next quarter, the stock is expected to benefit from rising precious metals prices and the expansion of its streaming agreements.