WPM
NYSE:WPM
Wheaton Precious Metals
- Stock
112.26
−2.48%
−2.85
news - an hour ago
Wheaton Precious Metals (WPM) Sees Price Target Rise to $109 by Scotiabank | WPM Stock News
Scotiabank analyst Tanya Jakusconek has raised her price target for Wheaton Precious Metals (WPM) from $108.00 to $109.00 USD, representing a 0.93% increase, while maintaining her 'Sector Outperform' rating. This follows recent analyst actions, including UBS downgrading WPM to 'Neutral' at $106.00 and CIBC raising its target to $105.00 from $95.00. The average of 13 analysts' one-year price targets is $108.03, with a high of $151.00 and a low of $64.07, indicating a 12.03% upside from the current price of $96.43. The consensus recommendation from 14 brokerage firms is 'Outperform' (rating of 2.0 on a 5-point scale). GuruFocus estimates a one-year fair value of $94.85, suggesting a 1.64% downside from current price.
gurufocus.comnews - 9 hours ago
Scotiabank raises Wheaton Precious Metals stock price target on development assets
Scotiabank has raised its price target for Wheaton Precious Metals from $108.00 to $109.00, maintaining a Sector Outperform rating. The increase is attributed to the de-risking of development assets progressing toward production in 2025, including the Goose, Blackwater, Mineral Park, and Platreef projects, which are expected to contribute 20-25k gold equivalent ounces. Wheaton reported strong Q2 2025 results with EPS of $0.63 (exceeding forecast of $0.56 by 12.5%), revenue of $503 million (a 14.76% surprise and 68% year-over-year growth), and operating cash flow of $415 million (up 77%). Analysts Berenberg and CFRA also raised their targets, with Berenberg to C$78.00 and CFRA to C$158.00, both maintaining a Buy rating. The company is valued at $44.25 billion and has $2.3 billion in available liquidity.
investing.comnews - 10 hours ago
Wheaton Precious Metals CFO Increases Stake in Company
Vincent Lau, the Chief Financial Officer of Wheaton Precious Metals Corp., has purchased 190 common shares of the company at CA$132.07 per share on the Toronto Stock Exchange. The transaction was disclosed in compliance with the Market Abuse Regulation and reflects management's confidence in the company's future prospects, potentially positively influencing investor sentiment. Wheaton Precious Metals operates in the precious metals industry, focusing on acquiring and managing precious metal streams through strategic investments in mining operations, providing upfront capital to mining companies in exchange for the right to purchase a percentage of their production at a fixed cost.
tipranks.comnews - 11 hours ago
Wheaton Precious Metals (TSE:WPM) Rating Lowered to Hold at UBS Group
UBS Group has downgraded Wheaton Precious Metals (TSE:WPM) from a 'strong-buy' to a 'hold' rating in a research note issued on Monday. Several other analysts have adjusted their ratings and price targets: Stifel Nicolaus raised its target price from C$107.00 to C$141.00, Canaccord Genuity Group increased it slightly to C$134.00, and BMO Capital Markets upgraded the stock to a 'strong-buy' rating. The company currently has an average rating of 'Buy' and an average price target of C$110.86. Wheaton Precious Metals, a major global precious metals streaming company, has a market capitalization of C$42.12 billion, a price-to-earnings ratio of 69.11, and a beta of 0.70. The stock traded at C$132.82 on its opening day, with a 12-month price range between C$77.28 and C$143.00, and moving averages of C$125.56 (50-day) and C$113.32 (200-day). The company operates by entering into agreements to purchase precious metals or cobalt from high-quality mines via upfront and delivery-based payments.
defenseworld.netnews - Aug 12, 2025 - 17:39
Wheaton Precious Metals Q2 Earnings Beat Estimates, Revenues Rise Y/Y
Wheaton Precious Metals Corp. reported strong second-quarter 2025 earnings, with adjusted earnings per share of 63 cents, surpassing the Zacks Consensus Estimate of 58 cents. Revenues reached $503 million, up 68.3% year over year, driven by higher metal prices and increased gold equivalent ounces (GEOs) sold. The company achieved a 90.9% year-over-year increase in earnings and a 95.1% rise in earnings from operations. Key metrics include an average realized gold price of $3,318 per ounce (up 40.8% YoY), silver at $34.05 per ounce (up 17% YoY), and palladium at $996 per ounce (up 1.7% YoY). Gold production rose to 91,968 ounces (up 10.0% YoY), silver production increased by 7.1% to 5,407 ounces, while palladium production declined 43.9% to 2,435 ounces. The company produced 158,608 GEOs and sold 157,916 GEOs, up 9.5% and 27.9% respectively. Gross profit surged to $353 million (86.9% YoY increase), with a gross margin of 70.2% compared to 62.3% in the prior year. Total cost of sales rose to $150 million (33% YoY), and average cash costs increased to $470 per GEO. The company ended Q2 with $1 billion in cash, an operating cash flow of $415 million, and a $2-billion undrawn revolving credit facility with a maturity extended to June 23, 2030. WPM reaffirmed its 2025 production outlook, projecting 350,000–390,000 ounces of gold, 20.5–22.5 million ounces of silver, and 12,500–13,500 GEOs of other metals. The stock has gained 77.7% in the past year. Peer companies Kinross Gold, Agnico Eagle Mines, and Teck Resources also reported Q2 results, with Kinross and Agnico Eagle outperforming estimates, while Teck Resources missed revenue expectations.
theglobeandmail.comDescription
Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests in the 23 operating mines and 13 development projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in Ma...Show More
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*Estimate based on analyst consensus