WPM (Wheaton Precious Metals) Reserves - Probable (K): 0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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WPM Wheaton Precious Metals Corp WPM
88 GF Score
Price $133.39
GF Value $175.96
Valuation Modestly Undervalued
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What is Wheaton Precious Metals Reserves - Probable (K)?

Wheaton Precious Metals WPM -0.60% 88 Reserves - Probable (K) is 0.00 as of Mar. 2026. GuruFocus rates WPM with a GF Score™ of 88/100 and a GF Value™ of $175.96 (Modestly Undervalued).

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for Wheaton Precious Metals's Reserves - Probable (K) or its related term are showing as below:

WPM's Reserves - Probable (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

Wheaton Precious Metals  (NYSE:WPM) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

Wheaton Precious Metals Reserves - Probable (K) Related Terms

Wheaton Precious Metals Reserves - Probable (K) Historical Data

* Premium members only.

The historical data trend for Wheaton Precious Metals's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wheaton Precious Metals Reserves - Probable (K) Chart

Wheaton Precious Metals Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Reserves - Probable (K)
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Ounces Produced (K)
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Sales in Ounces (K)
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Wheaton Precious MetalsQuarterly Data
Trend Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Reserves - Probable (K)
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Ounces Produced (K)
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Sales in Ounces (K)
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WPM vs NEM, AU, RGLD: Reserves - Probable (K) Comparison

For the Gold subindustry, Wheaton Precious Metals's Reserves - Probable (K), along with its competitors' market caps and Reserves - Probable (K) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WPM
88GF Score
Wheaton Precious Metals Corp WPM
Reserves - Probable (K) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions
What does a Reserves - Probable (K) of 0.00 mean?
Wheaton Precious Metals (WPM) has a Reserves - Probable (K) of 0.00 as of Mar. 2026. Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling. View historical data on Wheaton Precious Metals and its competitors.
Is Wheaton Precious Metals' Reserves - Probable (K) too high?
Wheaton Precious Metals' current Reserves - Probable (K) is 0.00. Overall, Wheaton Precious Metals has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' Reserves - Probable (K) compare to NEM and AU?
Wheaton Precious Metals' Reserves - Probable (K) of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Reserves - Probable (K) for a Metals & Mining company?
A good Reserves - Probable (K) depends on the Metals & Mining industry context. However, Reserves - Probable (K) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Reserves - Probable (K) mean?
A high Reserves - Probable (K) can signal that a stock is expensive relative to its fundamentals. Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling. View historical data on Wheaton Precious Metals and its competitors. Wheaton Precious Metals's current Reserves - Probable (K) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Wheaton Precious Metals (WPM) is currently considered Modestly Undervalued. The stock's GF Value™ is $175.96, compared to a current price of $133.39 — trading 24.2% below its estimated fair value. The current Reserves - Probable (K) is 0.00. Wheaton Precious Metals' overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Reserves - Probable (K) calculated?
Reserves - Probable (K) is calculated from a company's financial statements. For Wheaton Precious Metals (WPM), the current Reserves - Probable (K) is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wheaton Precious Metals (WPM) Overvalued in 2026?

Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued. The current stock price of $133.39 is trading 24.2% below its estimated GF Value™ of $175.96. GuruFocus considers Wheaton Precious Metals to be Modestly Undervalued.

Key valuation signals for WPM:

  • Reserves - Probable (K): 0.00
  • GF Value™: $175.96 vs. price of $133.39 (24.2% below fair value)
  • GF Score™: 88/100

No single metric tells the full story. See the WPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wheaton Precious Metals Business Description

Address 1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
88GF Score

Get the complete analysis for WPM

Reserves - Probable (K) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$133.39
Price
$175.96
GF Value