Overview
Description
Wheaton Precious Metals Corp is a leading metals streaming company that focuses on the acquisition of gold, silver, and other precious metal streams. As a streaming company, Wheaton conducts upfront payments to mining companies for the right to purchase precious metals produced by the mines at a fixed, lower price. This unique business model grants Wheaton Precious Metals the ability to maintain low operating costs while avoiding the direct operational risks associated with mining. The company's diversified portfolio includes streaming agreements with multiple globally recognized mines across various currencies, thereby reducing economic and geographical risk exposure. Wheaton Precious Metals plays a significant role in the mining and metals market by providing mining companies with necessary capital while offering investors a more stable return linked to precious metals without the direct constraints of mining operations. By catering to the demand for gold and silver, Wheaton supports various sectors, including jewelry, industry, and investment, prominently impacting global market dynamics.
About
CEO
Mr. Randy V. J. Smallwood P.Eng.
Employees
44
Address
1021 West Hastings Street
Suite 3500
Vancouver, V6E 0C3, BC
Canada
Suite 3500
Vancouver, V6E 0C3, BC
Canada
Phone
604 684 9648
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Gold
Country
United States
MIC code
XNYS