159.74001 CAD
2.05
1.27%
Last update Dec 15, 3:57 PM EST
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Day range
159.029999
163.39000
Previous close
161.78999
Open
163.39000
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Wheaton Precious Metals Corp.
159.74
2.05
1.27%

Overview

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Description

Wheaton Precious Metals Corp. is a leading precious metals streaming company that stands out for its innovative financing model within the mining sector. Its primary function is to provide upfront capital to mining companies in exchange for the right to purchase a portion of their precious metals production at a fixed, low cost. This approach allows Wheaton Precious Metals to secure steady supply streams of gold, silver, and palladium, thereby supporting miners with required funds while reducing commodity risk for Wheaton. As a key player in the mining industry, Wheaton boasts a diversified portfolio that spans over multiple geographic regions and includes high-quality mining assets. By investing in projects that demonstrate robust exploration potential, Wheaton strengthens its market position as a stable source of precious metals. As such, the company plays a crucial role in bridging the gap between metal production and market demands, fostering growth and stability within the financial markets for precious metals.

About

CEO
Mr. Randy V. J. Smallwood P.Eng.
Employees
44
Address
1021 West Hastings Street
Suite 3500
Vancouver, V6E 0C3, BC
Canada
Phone
604 684 9648
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Gold
Country
Canada
MIC code
NEOE
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