Record High Performance Yet... Gold and Silver Streamers Lose 5 Trillion Won in a Day

Wheaton Precious Metals Corp. (NYSE: WPM) closed at $130.11, down 6.57% from the previous day’s close. Trading volume reached about 1.94 million shares, and the company’s market capitalization stood at roughly $59 billion (about ₩83 trillion), erasing approximately $3.6 billion (around ₩5 trillion) in market value in a single session.

Recently, Wheaton Precious Metals reported record quarterly results for Q1 2026, posting revenue of $910 million and net income of $582 million—both all-time highs for a single quarter and above analysts’ estimates. These strong results briefly drove the stock higher. The company also announced an 18% increase to its Q2 2026 dividend, raising it to $0.195 per share, and closed its largest streaming deal in history with the Antamina mine in Peru, underscoring both its dividend policy and growth prospects.

Headquartered in Vancouver, Canada, Wheaton Precious Metals is a leading precious metals streaming and royalty company. Rather than mining directly, it provides upfront financing to mining operators in exchange for the right to purchase future gold, silver and other metals at fixed, discounted prices—enabling the company to achieve high margins. Originally founded as Silver Wheaton, the company has since expanded its portfolio to include copper and cobalt and set a long-term growth target to increase its gold-equivalent production by approximately 50% by 2030.