WPM
WPM
Wheaton Precious Metals Corp.Company Information
Recommendation Details
Basic Materials holds up to 6 names drawn from Basic materials above $200M (miners, chemicals, metals). Miners, chemicals and metals on a 6 to 8 day window. Positions are held for 6-8 days, each position carries a 20% stop-loss. Benchmark: S&P 500 Materials.
Company Description
Wheaton Precious Metals Corp. functions as a streaming enterprise, primarily engaged in the global distribution of valuable metals. Its offerings encompass deposits of gold, silver, palladium, and cobalt. The company maintains a substantial portfolio, holding stakes in 23 operational mines and an additional 13 development ventures. Founded in 2004, the firm's headquarters are located in Vancouver, Canada. It operated under the name Silver Wheaton Corp. until May 2017, when it rebranded to its current title.