Wheaton Precious Metals Surges 3.36% Despite 25.54% Volume Drop to $200M Ranks 492nd in Liquidity

On October 13, 2025, Wheaton Precious Metals (WPM) traded up 3.36% to close at its session high, despite a 25.54% decline in trading volume to $200 million, ranking 492nd among stocks by liquidity. The stock's performance came amid mixed market conditions as investors balanced macroeconomic concerns with sector-specific catalysts.

Analysts noted that WPM's rally correlated with renewed investor focus on junior precious metals producers following recent production guidance updates. The company's strategic positioning in gold and silver streaming arrangements remained a key technical support level, with institutional flows showing increased accumulation in over-the-counter derivatives markets. However, market participants cautioned that the stock's recent volatility, including a 16.6% maximum drawdown observed in backtesting metrics, suggested continued caution among risk-averse portfolios.

Performance metrics from a 1-day RSI-oversold strategy backtested from January 1, 2022, to October 13, 2025, revealed a total return of 28% with an annualized gain of 7.8%. The strategy recorded an average trade gain of 0.62%, though losses averaged -3.44% when trades failed, indicating a moderate risk-reward profile. The Sharpe ratio of 0.48 highlighted the strategy's underperformance relative to risk-free assets during the period.