WPM
StockWheaton Precious Metals Corp.
One email when a drop — in price or in valuation — is historically rare for WPM. Otherwise we stay quiet.
Nothing to see here.
Wheaton Precious Metals Corp. is 6.9% off its high — a mild dip, shallower than its 8.2% average pullback. Whatever the news says today, this isn't historically significant.
Slightly Elevated
Current Drawdown
-6.9%
Days in Drawdown
173
Avg Max Drawdown
8.2%
Avg Length
68
Drawdown Severity Score™
1.2
WPM - Price & High Water Mark
WPM - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of September 10, 2026 · updated daily
Where today's valuation sits within WPM's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Wheaton Precious Metals Corp. has been cheaper on this measure only about 74% of the time in 20 years of daily history.
Price to Sales history
EV to EBITDA
Wheaton Precious Metals Corp. has been cheaper on this measure only about 59% of the time in 20 years of daily history.
EV to EBITDA history · log scale
Wheaton Precious Metals Corp. (WPM) Analysis: Current Drawdown Insights
Wheaton Precious Metals Corp. is currently in a moderate drawdown. As of 2026-09-11, the stock is trading at $154.12, down 6.9% from its all-time high of $165.46. This pullback has lasted 173 days.
Based on its full tracked price history, Wheaton Precious Metals Corp. typically experiences drawdowns averaging 8.2% in depth, with an average duration of 68 days. Wheaton Precious Metals Corp. has gone through 107 total drawdown events in its tracked history. The largest drawdown on record for Wheaton Precious Metals Corp. was 86.7%, beginning in 2008. The longest drawdown duration on record was 3312 days.
The Drawdown Severity Score™ for Wheaton Precious Metals Corp. currently stands at 1.16. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Wheaton Precious Metals Corp.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 107 tracked pullbacks (63 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-03-22 | Ongoing | 173 days | -6.9% | $165.46 | $154.12 | n/a |
| 2026-01-29 | 2026-02-24 | 27 days | -16.3% | $156.05 | $130.69 | $157.13 |
| 2026-01-21 | 2026-01-22 | 2 days | -2.9% | $141.46 | $137.39 | $143.47 |
| 2026-01-16 | 2026-01-20 | 5 days | -0.1% | $135.29 | $135.14 | $141.46 |
| 2026-01-07 | 2026-01-12 | 6 days | -2.0% | $125.31 | $122.80 | $128.23 |
| 2025-12-29 | 2026-01-06 | 9 days | -5.5% | $124.02 | $117.19 | $125.31 |
| 2025-12-24 | 2025-12-26 | 3 days | -0.7% | $122.69 | $121.77 | $124.02 |
| 2025-12-15 | 2025-12-19 | 5 days | -2.6% | $117.34 | $114.26 | $119.51 |
| 2025-10-17 | 2025-12-11 | 56 days | -16.9% | $113.32 | $94.22 | $117.14 |
| 2025-10-01 | 2025-10-16 | 16 days | -7.6% | $111.66 | $103.22 | $113.32 |
| 2025-09-16 | 2025-09-26 | 11 days | -2.7% | $107.53 | $104.61 | $108.87 |
| 2025-09-12 | 2025-09-15 | 4 days | -0.7% | $107.20 | $106.46 | $107.53 |
| 2025-09-09 | 2025-09-11 | 3 days | -1.4% | $105.88 | $104.45 | $107.20 |
| 2025-08-11 | 2025-09-02 | 23 days | -9.6% | $100.53 | $90.88 | $101.41 |
| 2025-07-23 | 2025-08-04 | 13 days | -4.9% | $95.57 | $90.86 | $95.72 |
| 2025-06-05 | 2025-07-22 | 48 days | -6.5% | $92.60 | $86.58 | $95.57 |
| 2025-06-03 | 2025-06-04 | 2 days | -0.1% | $91.69 | $91.57 | $92.60 |
| 2025-05-27 | 2025-05-30 | 4 days | -1.3% | $86.32 | $85.22 | $86.61 |
| 2025-05-12 | 2025-05-23 | 12 days | -10.8% | $85.47 | $76.23 | $86.32 |
| 2025-05-07 | 2025-05-09 | 3 days | -3.8% | $85.46 | $82.17 | $85.47 |
| 2025-04-22 | 2025-05-06 | 15 days | -5.1% | $84.84 | $80.56 | $85.46 |
| 2025-04-17 | 2025-04-21 | 5 days | -0.9% | $84.46 | $83.72 | $84.84 |
| 2025-04-04 | 2025-04-11 | 8 days | -10.1% | $78.23 | $70.31 | $81.84 |
| 2025-04-01 | 2025-04-02 | 2 days | -0.8% | $77.19 | $76.56 | $77.39 |
| 2025-03-20 | 2025-03-27 | 8 days | -1.7% | $75.74 | $74.49 | $76.19 |
| 2025-03-18 | 2025-03-19 | 2 days | -0.6% | $75.59 | $75.11 | $75.74 |
| 2025-03-06 | 2025-03-11 | 5 days | -1.8% | $70.57 | $69.31 | $70.67 |
| 2025-02-27 | 2025-03-05 | 7 days | -3.2% | $69.87 | $67.66 | $70.57 |
| 2025-02-21 | 2025-02-26 | 6 days | -2.7% | $69.56 | $67.67 | $69.87 |
| 2025-02-14 | 2025-02-19 | 6 days | -2.5% | $68.87 | $67.12 | $69.05 |
| 2024-10-23 | 2025-02-13 | 114 days | -18.4% | $67.98 | $55.44 | $68.87 |
| 2024-09-27 | 2024-10-18 | 22 days | -7.4% | $63.70 | $59.01 | $65.95 |
| 2024-09-23 | 2024-09-24 | 2 days | -0.6% | $62.09 | $61.73 | $62.96 |
| 2024-09-16 | 2024-09-20 | 5 days | -2.0% | $62.06 | $60.81 | $62.09 |
| 2024-08-28 | 2024-09-13 | 17 days | -7.1% | $61.93 | $57.51 | $62.06 |
| 2024-07-17 | 2024-08-23 | 38 days | -14.1% | $61.50 | $52.84 | $61.61 |
| 2024-07-15 | 2024-07-16 | 2 days | -0.2% | $58.96 | $58.86 | $61.50 |
| 2024-05-22 | 2024-07-10 | 50 days | -9.8% | $57.05 | $51.49 | $57.71 |
| 2024-05-16 | 2024-05-17 | 2 days | -0.2% | $55.18 | $55.09 | $56.26 |
| 2024-05-10 | 2024-05-15 | 6 days | -2.2% | $55.04 | $53.85 | $55.18 |
| 2024-04-29 | 2024-05-08 | 10 days | -3.4% | $53.29 | $51.45 | $53.64 |
| 2020-08-06 | 2024-04-25 | 1359 days | -46.7% | $52.75 | $28.12 | $53.02 |
| 2020-07-28 | 2020-08-05 | 9 days | -6.1% | $52.75 | $49.55 | $52.75 |
| 2020-07-23 | 2020-07-24 | 2 days | -2.4% | $49.03 | $47.86 | $50.32 |
| 2020-07-16 | 2020-07-17 | 2 days | -0.9% | $44.35 | $43.94 | $45.21 |
| 2020-07-09 | 2020-07-14 | 6 days | -3.6% | $44.04 | $42.44 | $44.20 |
| 2020-05-20 | 2020-07-08 | 50 days | -19.0% | $43.73 | $35.43 | $44.04 |
| 2020-05-18 | 2020-05-19 | 2 days | -0.9% | $42.74 | $42.37 | $43.73 |
| 2020-05-08 | 2020-05-14 | 7 days | -3.2% | $40.95 | $39.65 | $41.21 |
| 2020-05-06 | 2020-05-07 | 2 days | -1.3% | $39.87 | $39.35 | $40.95 |
| 2011-04-11 | 2020-05-04 | 3312 days | -76.2% | $38.79 | $9.22 | $38.84 |
| 2011-03-08 | 2011-04-05 | 28 days | -14.5% | $37.20 | $31.80 | $37.99 |
| 2010-12-07 | 2011-02-23 | 79 days | -28.4% | $33.75 | $24.16 | $33.81 |
| 2010-06-28 | 2010-08-25 | 59 days | -15.9% | $17.65 | $14.84 | $17.76 |
| 2010-05-17 | 2010-06-25 | 40 days | -16.2% | $17.47 | $14.63 | $17.65 |
| 2008-03-17 | 2010-04-30 | 775 days | -86.7% | $16.01 | $2.12 | $16.13 |
| 2008-01-03 | 2008-03-13 | 70 days | -24.4% | $15.70 | $11.87 | $15.84 |
| 2007-11-07 | 2008-01-02 | 57 days | -22.1% | $14.64 | $11.40 | $15.70 |
| 2007-07-20 | 2007-10-12 | 85 days | -28.2% | $12.23 | $8.78 | $12.48 |
| 2007-05-08 | 2007-07-05 | 59 days | -13.3% | $10.25 | $8.88 | $10.32 |
| 2006-09-07 | 2007-05-04 | 240 days | -28.8% | $9.78 | $6.97 | $9.91 |
| 2006-04-20 | 2006-09-05 | 139 days | -41.6% | $9.65 | $5.64 | $9.77 |
| 2006-02-01 | 2006-02-24 | 24 days | -17.5% | $6.43 | $5.30 | $6.82 |
| 2005-12-06 | 2005-12-27 | 22 days | -11.2% | $4.64 | $4.12 | $4.75 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Wheaton Precious Metals Corp. (WPM) is trading at $154.12 as of Sep 11, 2026. It is 6.9% below its high of $165.46. The drawdown has lasted 173 days. Severity score: 1.2 (Slightly Elevated).
WPM Price History and Drawdown Data
Latest price
$154.12
High-water mark
$165.46
Current drawdown
-6.9%
Days in drawdown
173
This WPM page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Wheaton Precious Metals Corp. drawdowns.
What History Says About WPM
Wheaton Precious Metals Corp. has dropped 20%+ from its high 9 times in its tracked history. These events lasted an average of 680 days with an average max drop of -42.6%.
The current drawdown of -6.9% has lasted 173 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Mar 2008 to Apr 2010 | -86.7% | 775 days |
| Apr 2011 to May 2020 | -76.2% | 3312 days |
| Aug 2020 to Apr 2024 | -46.7% | 1359 days |
| Apr 2006 to Sep 2006 | -41.6% | 139 days |
| Sep 2006 to May 2007 | -28.8% | 240 days |
| Dec 2010 to Feb 2011 | -28.4% | 79 days |
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