
Wheaton Precious Metals Corp
TSX:WPM

Wheaton Precious Metals Corp
Change in Working Capital
Wheaton Precious Metals Corp
Change in Working Capital Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Change in Working Capital | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
![]() |
Wheaton Precious Metals Corp
TSX:WPM
|
Change in Working Capital
$26.8m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Barrick Gold Corp
TSX:ABX
|
Change in Working Capital
-$1.6B
|
CAGR 3-Years
11%
|
CAGR 5-Years
8%
|
CAGR 10-Years
3%
|
|
![]() |
Kinross Gold Corp
TSX:K
|
Change in Working Capital
$160.1m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Franco-Nevada Corp
TSX:FNV
|
Change in Working Capital
$30.4m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
![]() |
Agnico Eagle Mines Ltd
TSX:AEM
|
Change in Working Capital
-$91.2m
|
CAGR 3-Years
-4%
|
CAGR 5-Years
-79%
|
CAGR 10-Years
-11%
|
|
![]() |
Lundin Gold Inc
TSX:LUG
|
Change in Working Capital
$98.1m
|
CAGR 3-Years
18%
|
CAGR 5-Years
63%
|
CAGR 10-Years
51%
|
Wheaton Precious Metals Corp
Glance View
Wheaton Precious Metals Corp. has carved a unique niche in the mining industry, standing out not as a traditional miner but as a streaming company, which is a distinguishing feature of its business model. Founded in 2004, Wheaton's business strategy revolves around purchasing precious metals production from mining operations around the world. The company negotiates these streaming agreements to acquire the right to purchase all or a part of the precious metals produced by the mining operations at a predetermined price, providing the miners with upfront capital for their projects. This arrangement allows Wheaton to focus on purchasing metals instead of getting involved in exploration or operational concerns, thus mitigating some of the inherent risks of mining. The company's income primarily flows through the streamlining agreements, benefiting from the difference between its low fixed costs and prevailing market prices for gold, silver, and other precious metals. By purchasing production at reduced rates—often well below market value—Wheaton locks in significant profit margins, especially during periods of rising commodity prices. Importantly, this model allows Wheaton to maintain a diversified portfolio of streams, reducing single-mine risk and ensuring stable cash flows. This unique setup has allowed Wheaton to consistently deliver strong financial results, appealing to investors who favor precious metal exposure without the operational complexities typical of mining ventures.

See Also
What is Wheaton Precious Metals Corp's Change in Working Capital?
Change in Working Capital
26.8m
USD
Based on the financial report for Mar 31, 2025, Wheaton Precious Metals Corp's Change in Working Capital amounts to 26.8m USD.
What is Wheaton Precious Metals Corp's Change in Working Capital growth rate?
Change in Working Capital CAGR 1Y
-25%
Over the last year, the Change in Working Capital growth was -25%.