Wheaton Precious Metals Corp. (WPM.TO) stock analysis

In our weekly check, Wheaton Precious Metals Corp. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 1, red flags: 3.

About Wheaton Precious Metals Corp.

Wheaton Precious Metals Corp. is a Basic Materials company (Gold) based in Canada, listed on TSX as WPM.TO.

What our checks show for WPM.TO

Red flags

• Analysts expect the net margin to shrink by 6.4 points from today's 64.7%.
• The price swings a lot: 50.5% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 83% from a peak. Would you have held through that?

Warning signs

• Beta 1.24: the stock usually moves more than the market, both up and down.

Strengths

• Net debt is only 0.7x a year of EBITDA: the balance sheet has room.
• Operating profit covers interest 66.5 times over.
• The net margin rose by 1.8 points over 5 years, to 64.7%.
• The gross margin is 77.3% and has risen by 22.5 points: pricing power is holding.
• Revenue grew 43.8% a year over the last 3 years.
• Earnings per share grew 45.1% a year over the last 3 years.

Next earnings report: 2026-11-05

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Questions

What grade does Wheaton Precious Metals Corp. (WPM.TO) have?

In our weekly check, Wheaton Precious Metals Corp. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 1, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of WPM.TO stock?

This week's biggest flags for Wheaton Precious Metals Corp.: Margins expected to shrink, Very volatile, Deep past fall. In total 4 of 25 checks show a warning or a red flag.

What does Wheaton Precious Metals Corp. do?

Wheaton Precious Metals Corp. is a Basic Materials company (Gold) based in Canada, listed on TSX as WPM.TO.

When does Wheaton Precious Metals Corp. report earnings next?

The next earnings report is expected on 2026-11-05. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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