Wheaton Precious Metals: Why Did The Stock Double In 4 Years?

Wheaton Precious Metals (NYSE: WPM) stock price has increased 2x from $13/share in July 2015 to $26/share in July 2019. The increase in WPM's stock price was primarily driven by higher revenues and a sharp rise in margins, which has turned the company from a loss-making entity (in 2015) into a ...