Streetbeat News

WPM

Wheaton Precious Metals Corp.

https://www.wheatonpm.com

Industry

Gold

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 May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.

Open

74.43

Mkt cap

33B

Volume

2.3M

High

74.93

P/E Ratio

63.09

52-wk high

74.93

Low

72.31

Div yield

0.01

52-wk low

43.18

Precious metals stocks are trading higher as gold and silver prices increase due to a drop in the US dollar following soft June inflation data. Stocks mentioned include AEM, AU, FSM, GATO, GFI, GOLD, HL, HMY, NEM, PAAS, SBSW, WPM.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:50 pm

Over the past 3 months, 5 analysts have published their opinion on Wheaton Precious Metals (NYSE:WPM) stock. The analysts have an average price target of $46.2 versus the current price of Wheaton Precious Metals at $41.72, implying an upside. This average price target has increased by 9.14% over the past month.

Portfolio Pulse from Benzinga Insights

July 07, 2023 | 2:02 pm

Barclays analyst Matthew Murphy has maintained an Equal-Weight rating on Wheaton Precious Metals (NYSE:WPM) and lowered the price target from $42 to $41.

Portfolio Pulse from richadhand@benzinga.com

July 07, 2023 | 1:15 pm

Precious metals companies' shares are trading lower as gold prices fall due to a rise in the US dollar.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 3:00 pm

Shares of gold companies are trading higher amid a drop in the US dollar index.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:28 pm

Barclays analyst Matthew Murphy maintains an Equal-Weight rating on Wheaton Precious Metals (NYSE:WPM) and lowers the price target from $43 to $42.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 9:48 am

RBC Capital Markets analyst Josh Wolfson downgraded Wheaton Precious Metals Corp (NYSE:WPM) to Sector Perform from Outperform with a decreased price target of $45. Wolfson is bearish on the approaching introduction of OECD's global minimum tax, which he expects to materially impact offshore mine streaming by large Canadian companies.

Portfolio Pulse from Lekha Gupta

May 23, 2023 | 7:02 pm

In the last 3 months, 4 analysts have provided 12-month price targets for Wheaton Precious Metals (NYSE:WPM), with an average target of $49.75. The average price target has increased by 5.85% over the past month.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 4:04 pm

Wheaton Precious Metals' shares are trading lower after RBC Capital downgraded the stock from Outperform to Sector Perform.

Portfolio Pulse from Bill Haddad

May 23, 2023 | 3:29 pm

RBC Capital analyst Josh Wolfson downgraded Wheaton Precious Metals (NYSE:WPM) from Outperform to Sector Perform and announced a $45 price target.

Portfolio Pulse from richadhand@benzinga.com

May 23, 2023 | 10:26 am

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