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Wpm stock price is benefiting from a weaker USD index
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WPM stock price is benefiting from a weaker USD index, boosting returns on metal exports. This macro backdrop could sustain price appreciation through Q Macroeconomic factors also affect gold’s future as the U.S. recently imposed a 25% tariff on Mexican and Canadian imports, along with additional duties on Chinese goods, sparking inflation worries. While automakers received temporary exemptions, market uncertainty persists. According to a Reuters survey, investors are watching the upcoming U.S. non-farm payrolls report, which could affect Federal Reserve policy and gold prices. Wheaton’s growth has been exceptional. Over the past three years, revenues have risen at an average annual rate of 16.2% versus 6.1% for the S&P 500. In the last twelve months, sales climbed 46.8% from $1.1 billion to $1.7 billion, and most recently, quarterly revenue jumped 68.3% year-over-year to $503 million. By comparison, the index grew just over 4.8%. For more details, see: WPM Revenue Comparison WPM stock price saw intraday fluctuations following Fed comments on interest rates. A dovish tone favors metals, supporting the bullish case for Wheaton shares.