From Nasdaq: 2025-04-02 00:22:00

Wheaton Precious Metals stock (NYSE:WPM) has outperformed the S&P500, rising over 60% in the last year. This growth surpasses its peers, including Barrick Gold stock (NYSE: GOLD) and Newmont Corporation (NYSE: NEM). The rise in Wheaton’s stock is attributed to higher precious metals prices, new streaming deals, and improved operational performance.

Factors driving Wheaton’s stock changes include a 26% yearly revenue increase in 2024 to $1.3 billion and record quarterly operating cash flows of $1.028 billion. Despite the strong growth, Wheaton’s PS multiple has increased from 22x to 28x, reflecting the stock’s performance and market sentiment toward precious metals streaming companies.

The Trefis High Quality (HQ) Portfolio, consisting of 30 stocks, has outperformed the S&P 500 over the past four years, providing better returns with less risk. Wheaton’s strong Q4 2024 performance, record revenue, and solid earnings growth position the company for continued success. Wheaton forecasts annual production growth and estimates its valuation at $77 per share.

In terms of returns, Wheaton has seen a 9% return in March 2025, a 34% return year-to-date, and a total return of 337% from 2017 to 2025. Comparatively, the S&P 500 has seen negative returns. The market-beating portfolios offered by Trefis provide investment opportunities for those seeking to maximize returns with reduced risk.



Read more at Nasdaq: Why Is Wheaton Stock Up 60%?