Wheaton Precious Metals Corp.
Foreign stocks · NYSE · Materials · Precious metals streaming
A company that pays mines in advance for the right to buy gold, silver and other metals at a fixed price below market, then sells them on; its main revenue is the price difference on resale, and it does not mine itself
For every 100 dollars of sales: cost of sales 28 · operating expenses 4 · tax and other items 5 · leaving 64 as net profit
Investors in Thailand can buy WPM through 7 mutual funds open to retail investors. Most of them (7 funds) don't buy the stock themselves. Instead they invest in a master fund abroad, which in turn holds WPM.
| Fund | WPM weight | How it invests | 1-year return |
|---|---|---|---|
 DAOL-SILVERDAOL SILVER MINERS FUND | 22.71% | Via SIL | +2.71% |
 A-RINGAtrackers Global Gold Miners Equity Fund | 7.39% | Via RING | N/A |
| DAOL-GOLDDAOL GOLD AND SILVER EQUITY FUND | 4.55% | Via Jupiter Asset Management Series Plc. - Jupiter Gold & Silver Fund | −0.41% |
| DAOL-GOLDRMFDAOL GOLD AND SILVER EQUITY RETIREMENT MUTUAL FUND | 4.55% | Via Jupiter Asset Management Series Plc. - Jupiter Gold & Silver Fund | +0.94% |
 MSILVERMFC Global Silver and Metals Miners Fund | 4.54% | Via SLVP | N/A |
 TSILVERTISCO Silver & Metals Miners Fund | 4.45% | Via SLVP | N/A |
| A-SLVPAtrackers Silver Miners Equity Fund | 4.44% | Via SLVP | N/A |
Yearly average over the last 4 years · Latest annual sales 2.3B USD
For every 100 dollars of sales, about 64 dollars is left as net profit
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
Now 20.6% below its 1-year high
| Item (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total revenue | 1.2B USD | 1.1B USD | 1.0B USD | 1.3B USD | 2.3B USD |
| Gross profit | 659.0M USD | 565.0M USD | 573.0M USD | 803.0M USD | 1.7B USD |
| Operating profit | 755.0M USD | 512.0M USD | 505.0M USD | 621.0M USD | 1.6B USD |
| Net profit | 755.0M USD | 669.0M USD | 538.0M USD | 529.0M USD | 1.5B USD |
| EPS (diluted) | 1.67 | 1.48 | 1.19 | 1.17 | 3.24 |
| Gross margin | 54.8% | 53.1% | 56.4% | 62.5% | 72.2% |
| Operating margin | 62.8% | 48.1% | 49.7% | 48.3% | 68.3% |
| Net margin | 62.8% | 62.8% | 53.0% | 41.2% | 63.6% |
| Operating cash flow | 845.0M USD | 743.0M USD | 751.0M USD | 1.0B USD | 1.9B USD |
| Total assets | 6.3B USD | 6.8B USD | 7.0B USD | 7.4B USD | 9.1B USD |
| Total liabilities | 46.0M USD | 42.0M USD | 46.0M USD | 165.0M USD | 435.0M USD |
| Shareholders' equity | 6.3B USD | 6.7B USD | 7.0B USD | 7.3B USD | 8.7B USD |
| Period | SMA | EMA | Price vs line |
|---|---|---|---|
| 10 days | 122.72 | 124.37 | Above |
| 20 days | 128.36 | 127.73 | Above |
| 50 days | 139.50 | 132.68 | Below |
| 100 days | 130.19 | 132.57 | Above |
| 200 days | 133.63 | 128.32 | Below |
| Indicator | Value | Signal |
|---|---|---|
| RSI(14) | 51.83 | Up |
| MACD(12,26) | −4.48 | Down |
| ADX(14) | 32.77 | Neutral |
| ATR(14) % of price | 2.83 | Neutral |
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
DAOLINV3ASSETFUND2MFC1TISCOASSET1| Fund | WPM weight | Master fund | 1-year return | TER |
|---|---|---|---|---|
| DAOL-SILVER | 22.71% | SIL | +2.71% | 1.96% |
| A-RING | 7.39% | RING | N/A | 1.90% |
| DAOL-GOLD | 4.55% | Jupiter Asset Management Series Plc. - Jupiter Gold & Silver Fund | −0.41% | 1.99% |
| DAOL-GOLDRMF | 4.55% | Jupiter Asset Management Series Plc. - Jupiter Gold & Silver Fund | +0.94% | 2.11% |
| MSILVER | 4.54% | SLVP | N/A | 1.42% |
| TSILVER | 4.45% | SLVP | N/A | 1.39% |
| A-SLVP | 4.44% | SLVP | N/A | 1.65% |
| Master fund | Thai funds using this route | Master fund's WPM weight |
|---|---|---|
| iShares MSCI Global Silver and Metals Miners ETF | 3 | 4.54% |
| Jupiter Asset Management Series Plc. - Jupiter Gold & Silver Fund | 2 | 4.55% |
| Global X Silver Miners ETF | 1 | 22.71% |
| iShares MSCI Global Gold Miners ETF | 1 | 7.39% |
