Institutional Buying Drives 5% Surge in Gold and Silver Streaming Leader

Wheaton Precious Metals Corp. (NYSE: WPM) closed at $142.78 on the New York Stock Exchange on the 8th, up 5.01%, boosting its market capitalization by roughly $3.4 billion (about KRW 4.4 trillion) in a single day. Trading volume reached approximately 1.41 million shares, above recent averages, as demand for this leading precious-metals streaming stock strengthened.

A disclosure released today shows that the Arizona State Retirement System added 8,050 WPM shares in the third quarter of last year, building a position worth about $900,000 (KRW 1.2 billion). At the same time, major institutions such as Vanguard have also reported increased holdings, supporting positive investor sentiment. The company is slated to participate in the BMO Global Metals, Mining & Critical Minerals Conference in Florida from February 23–25, offering further opportunities for institutional meetings and investor relations momentum.

Headquartered in Vancouver, Canada, Wheaton Precious Metals specializes in gold and silver streaming. Rather than operating its own mines, the company enters into agreements with mining firms worldwide to purchase a share of their precious-metals production through upfront payments and fixed, low per-ounce prices. This model delivers both high margins and leveraged exposure to gold and silver prices. After actual production in 2024 exceeded guidance, Wheaton announced a medium- to long-term plan to boost gold-equivalent output by about 40% by 2029. With record revenue, earnings, and a debt-free balance sheet in both 2024 and 2025, the company has firmly established itself as a top growth stock in the precious-metals sector.