Wheaton Precious Metals (NYSE: WPM) Sees New Price Target from Jefferies

Core Viewpoint - Wheaton Precious Metals is experiencing significant growth driven by rising metal prices and strong production levels, leading to an optimistic outlook from analysts [2][3][6] Group 1: Company Overview - Wheaton Precious Metals operates as a precious metals streaming company, providing upfront financing to mining companies in exchange for a percentage of their production at a fixed cost [1] - The company has a market capitalization of approximately $49.07 billion, indicating its substantial presence in the market [5][6] Group 2: Stock Performance - The stock price of Wheaton Precious Metals was $108.09, with a recent decrease of 0.65%, but it has shown resilience with fluctuations between a low of $107.61 and a high of $111.36 [4][6] - Year-to-date, the stock has surged by 86% in 2025, reflecting strong performance and significant revaluation [3][6] - Analyst Fahad Tariq from Jefferies has raised the price target for the stock to $145 from $137, suggesting a potential increase of approximately 34.15% [2][6] Group 3: Market Activity - The trading volume for Wheaton Precious Metals on the NYSE is 1,176,217 shares, indicating active investor interest and positive sentiment surrounding the stock [5][6]