Friday, December 5, 2025

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Wheaton Q4 Earnings: What’s Not To Like?

When Wheaton Precious Metals (TSX: WPM) filed their third quarter financial results, we suggested that the market may have gotten its reaction wrong, given the performance they had.

In the time since, the equity has gone from $90 a share to $106 a share, somewhat vindicating our opinion. But this also ignores a large sell off that the equity experienced, followed by a surge in the price of gold. 

But even still, now with their fourth quarter financial results out the door, the company has hit new highs and that chart looks incredible.

How’d they do? Well, lets dive in.


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