Why Wheaton Precious Metals Corp.’s (WPM) Stock Is Up 6.64%

By Rosalio Madrigal
August 23, 2026
Featured Tickers:
WPM

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Wheaton Precious Metals Corp. before investing.

In this article, we go over a few key elements for understanding Wheaton Precious Metals Corp.’s stock price such as:

  • Wheaton Precious Metals Corp.’s current stock price and volume
  • Why Wheaton Precious Metals Corp.’s stock price changed recently
  • Upgrades and downgrades for WPM from analysts
  • WPM’s stock price momentum as measured by its relative strength

About Wheaton Precious Metals Corp. (WPM)

Before we jump into Wheaton Precious Metals Corp.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Wheaton Precious Metals Corp. operates as a precious metal streaming company. It explores for gold, silver, palladium, platinum, and cobalt deposits in Canada, the United States, Mexico, Portugal, Sweden, the United Kingdom, Argentina, Chile, Brazil, Peru, Ecuador, Colombia, Côte d'Ivoire, Ethiopia, and South Africa. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

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Wheaton Precious Metals Corp.’s Stock Price as of Market Close

As of August 21, 2026, 4:00 PM, CST, Wheaton Precious Metals Corp.’s stock price was $157.780.

Wheaton Precious Metals Corp. is up 5.01% from its previous closing price of $150.250.

During the last market session, Wheaton Precious Metals Corp.’s stock traded between $153.580 and $158.280. Currently, there are approximately 454.13 million shares outstanding for Wheaton Precious Metals Corp..

Wheaton Precious Metals Corp.’s price-earnings (P/E) ratio is currently at 35.0, which is high compared to the Metals & Mining industry median of 18.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Wheaton Precious Metals Corp. Stock Price History

Wheaton Precious Metals Corp.’s (WPM) price is currently up 44.71% so far this month.

During the month of August, Wheaton Precious Metals Corp.’s stock price has reached a high of $158.280 and a low of $108.000.

Over the last year, Wheaton Precious Metals Corp. has hit prices as high as $165.760 and as low as $92.565. Year to date, Wheaton Precious Metals Corp.’s stock is up 34.26%.

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What Caused Wheaton Precious Metals Corp. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 21, 2026, there was 1 analyst who downgraded Wheaton Precious Metals Corp.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Wheaton Precious Metals Corp.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Wheaton Precious Metals Corp.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Wheaton Precious Metals Corp.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Wheaton Precious Metals Corp. (WPM) by visiting AAII Stock Evaluator.

Relative Price Strength of Wheaton Precious Metals Corp.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 21, 2026, Wheaton Precious Metals Corp. has a weighted four-quarter relative price strength of 13.68%, which translates to a Momentum Score of 85 and is considered to be Very Strong.

Want to learn more about how Wheaton Precious Metals Corp. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Wheaton Precious Metals Corp. Stock Price: Bottom Line

As of August 21, 2026, Wheaton Precious Metals Corp.’s stock price is $157.780, which is up 5.01% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Wheaton Precious Metals Corp. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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