Goldminers rise in pre-market trading as Gold futures exceed $3,850 per ounce
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 29 2025
0mins
- Gold Prices Surge: December Gold futures have reached record highs, surpassing $3,850 per ounce, leading to increased interest in goldmining stocks.
- Mining Companies Performance: Shares of major goldmining companies like Newmont, Agnico Eagle, Franco-Nevada, Kinross Gold, and AngloGold Ashanti have all seen significant pre-market gains.
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Analyst Views on WPM
Wall Street analysts forecast WPM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for WPM is 137.91 USD with a low forecast of 118.00 USD and a high forecast of 160.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 149.110
Low
118.00
Averages
137.91
High
160.00
Current: 149.110
Low
118.00
Averages
137.91
High
160.00
About WPM
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. The Company has approximately 35 streaming agreements. It also has approximately five royalty agreements. Its portfolio includes a diverse mix of gold, silver, palladium, platinum and cobalt streams from 18 operating mines and 28 development projects. Its operating portfolio includes Antamina, Blackwater, Constancia, Cozamin, Los Filos, Marmato, Neves-Corvo, Penasquito, Salobo, San Dimas, Stillwater & East Boulder, Sudbury, Voisey's Bay, and Zinkgruvan. The Company has also entered into a definitive agreement to acquire the Spring Valley Project located in Nevada, United States of America.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Wheaton Precious Metals: A New Gold Investment Opportunity
- Significant Earnings Growth: Wheaton Precious Metals generated $913.4 million in net earnings for the first nine months of 2025, more than double the $440.9 million from the same period in 2024, showcasing the company's strong performance amid the gold bull market.
- Doubling of Earnings Per Share: The company's earnings per share (EPS) nearly doubled from $0.97 in the first nine months of 2024 to $1.80 in 2025, reflecting a substantial improvement in profitability that further boosts investor confidence.
- Strong Cash Flow: Wheaton reported $1.15 billion in cash from operations for the first nine months of 2025, compared to $708 million in 2024, indicating robust operational performance and cash generation capabilities in the gold market.
- High Margin Advantage: With a gross margin of 68.6% and a net margin of 54.7%, Wheaton significantly outperforms most gold mining companies, which typically achieve around 10% net profit margin, highlighting its competitive edge and profitability in the industry.
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Wheaton Precious Metals Sees Significant Growth in 2025
- Significant Earnings Growth: Wheaton Precious Metals reported net earnings of $913.4 million for the first nine months of 2025, more than double the $440.9 million from the same period in 2024, showcasing strong performance amid rising gold prices.
- Doubling of EPS: The company's earnings per share (EPS) nearly doubled from $0.97 in the first nine months of 2024 to $1.80 in 2025, reflecting a substantial enhancement in profitability and solidifying its position in the precious metals market.
- Robust Cash Flow: Wheaton generated $1.15 billion in cash from operations over the first nine months of 2025, a significant increase from $708 million in 2024, with operating cash flow per share rising from $1.56 to $2.55, indicating a healthy financial status.
- High Margin Advantage: With a gross margin of 68.6% and a net margin of 54.7%, Wheaton significantly outperforms most gold mining companies, which typically achieve around 10% net margin, demonstrating its profitability and risk management capabilities in the streaming business model.
See More
WHEATON PRECIOUS METALS CORP: RAYMOND JAMES INCREASES TARGET PRICE FROM $155 TO $178
Price Increase Announcement: Raymond James has raised its target price for Wheaton Precious Metals Corp. to $178 from $155.
Market Implications: This adjustment reflects a positive outlook on the company's performance and potential growth in the precious metals sector.
See More
Three Unconventional "Buy the Dip" Selections—and One Sector to Steer Clear Of
Market Trends: The market is experiencing a pullback, creating opportunities for contrarian investors as many individual stocks are down significantly, suggesting a potential for selective buying strategies.
Investment Strategies: Jeff Clark emphasizes the importance of identifying oversold stocks and sectors, particularly in software and grocery chains, while advising caution against popular trades like gold mining stocks.
Bitcoin Sentiment: Current bearish sentiment around Bitcoin contrasts sharply with previous bullish trends, with Clark suggesting that today's prices may be more attractive for investment compared to past highs.
Contrarian Opportunities: Clark highlights that emotional market conditions often present unique investment opportunities, particularly in sectors that are currently undervalued or overlooked.
See More
Wheaton Precious Metals Stock Rises Amid Silver Price Volatility
- Strong Stock Performance: As of early February, Wheaton Precious Metals (WPM) shares have risen 11.4% year-to-date and returned 98% over the past 12 months, indicating robust performance amid silver price volatility and attracting investor interest.
- Valuation Insights: Despite a P/E ratio of 59, significantly higher than the S&P 500's 29.6, Wheaton's business model allows it to purchase future metal outputs at an 82% discount, suggesting its actual valuation may be more favorable than it appears, enhancing investment appeal.
- Financing Deal Advantages: The agreement with Waterton Copper enables Wheaton to acquire hundreds of thousands of ounces of silver for $300 million in upfront financing at an 82% discount, providing the company with a significant edge in future metal returns.
- PEG Ratio Trends: Currently, Wheaton's PEG ratio is below 1, indicating that its earnings growth is sufficient to justify its stock price, suggesting that despite a seemingly high P/E ratio, the company still holds growth potential, which attracts more investor interest.
See More
Wheaton Precious Metals Appoints New CEO
- Leadership Change: Wheaton Precious Metals announced that current President Haytham Hodaly will succeed Randy Smallwood as CEO effective March 31, marking a significant leadership transition as Smallwood, who co-founded the company in 2004, moves to non-executive Chair.
- Experienced Successor: Hodaly, who joined Wheaton in 2012 as Senior VP of Corporate Development and became President in 2025, brings nearly 30 years of mining industry experience, which is expected to provide fresh strategic insights and industry knowledge to the company.
- Board Structure Adjustment: George Brack will concurrently transition to Lead Independent Director while serving as Chair since 2022 and as a director since 2009, which may influence the company's governance and decision-making processes.
- Market Reaction Anticipation: This leadership change could impact investor confidence, particularly against the backdrop of the company's ongoing pursuit of high-margin silver and gold streaming profits, with the market closely monitoring the new CEO's strategic direction and execution capabilities.
See More
Wheaton Precious Metals: A New Gold Investment Opportunity
- Significant Earnings Growth: Wheaton Precious Metals generated $913.4 million in net earnings for the first nine months of 2025, more than double the $440.9 million from the same period in 2024, showcasing the company's strong performance amid the gold bull market.
- Doubling of Earnings Per Share: The company's earnings per share (EPS) nearly doubled from $0.97 in the first nine months of 2024 to $1.80 in 2025, reflecting a substantial improvement in profitability that further boosts investor confidence.
- Strong Cash Flow: Wheaton reported $1.15 billion in cash from operations for the first nine months of 2025, compared to $708 million in 2024, indicating robust operational performance and cash generation capabilities in the gold market.
- High Margin Advantage: With a gross margin of 68.6% and a net margin of 54.7%, Wheaton significantly outperforms most gold mining companies, which typically achieve around 10% net profit margin, highlighting its competitive edge and profitability in the industry.
See More
Wheaton Precious Metals Sees Significant Growth in 2025
- Significant Earnings Growth: Wheaton Precious Metals reported net earnings of $913.4 million for the first nine months of 2025, more than double the $440.9 million from the same period in 2024, showcasing strong performance amid rising gold prices.
- Doubling of EPS: The company's earnings per share (EPS) nearly doubled from $0.97 in the first nine months of 2024 to $1.80 in 2025, reflecting a substantial enhancement in profitability and solidifying its position in the precious metals market.
- Robust Cash Flow: Wheaton generated $1.15 billion in cash from operations over the first nine months of 2025, a significant increase from $708 million in 2024, with operating cash flow per share rising from $1.56 to $2.55, indicating a healthy financial status.
- High Margin Advantage: With a gross margin of 68.6% and a net margin of 54.7%, Wheaton significantly outperforms most gold mining companies, which typically achieve around 10% net margin, demonstrating its profitability and risk management capabilities in the streaming business model.
See More
WHEATON PRECIOUS METALS CORP: RAYMOND JAMES INCREASES TARGET PRICE FROM $155 TO $178
Price Increase Announcement: Raymond James has raised its target price for Wheaton Precious Metals Corp. to $178 from $155.
Market Implications: This adjustment reflects a positive outlook on the company's performance and potential growth in the precious metals sector.
See More
Three Unconventional "Buy the Dip" Selections—and One Sector to Steer Clear Of
Market Trends: The market is experiencing a pullback, creating opportunities for contrarian investors as many individual stocks are down significantly, suggesting a potential for selective buying strategies.
Investment Strategies: Jeff Clark emphasizes the importance of identifying oversold stocks and sectors, particularly in software and grocery chains, while advising caution against popular trades like gold mining stocks.
Bitcoin Sentiment: Current bearish sentiment around Bitcoin contrasts sharply with previous bullish trends, with Clark suggesting that today's prices may be more attractive for investment compared to past highs.
Contrarian Opportunities: Clark highlights that emotional market conditions often present unique investment opportunities, particularly in sectors that are currently undervalued or overlooked.
See More
Wheaton Precious Metals Stock Rises Amid Silver Price Volatility
- Strong Stock Performance: As of early February, Wheaton Precious Metals (WPM) shares have risen 11.4% year-to-date and returned 98% over the past 12 months, indicating robust performance amid silver price volatility and attracting investor interest.
- Valuation Insights: Despite a P/E ratio of 59, significantly higher than the S&P 500's 29.6, Wheaton's business model allows it to purchase future metal outputs at an 82% discount, suggesting its actual valuation may be more favorable than it appears, enhancing investment appeal.
- Financing Deal Advantages: The agreement with Waterton Copper enables Wheaton to acquire hundreds of thousands of ounces of silver for $300 million in upfront financing at an 82% discount, providing the company with a significant edge in future metal returns.
- PEG Ratio Trends: Currently, Wheaton's PEG ratio is below 1, indicating that its earnings growth is sufficient to justify its stock price, suggesting that despite a seemingly high P/E ratio, the company still holds growth potential, which attracts more investor interest.
See More
Wheaton Precious Metals Appoints New CEO
- Leadership Change: Wheaton Precious Metals announced that current President Haytham Hodaly will succeed Randy Smallwood as CEO effective March 31, marking a significant leadership transition as Smallwood, who co-founded the company in 2004, moves to non-executive Chair.
- Experienced Successor: Hodaly, who joined Wheaton in 2012 as Senior VP of Corporate Development and became President in 2025, brings nearly 30 years of mining industry experience, which is expected to provide fresh strategic insights and industry knowledge to the company.
- Board Structure Adjustment: George Brack will concurrently transition to Lead Independent Director while serving as Chair since 2022 and as a director since 2009, which may influence the company's governance and decision-making processes.
- Market Reaction Anticipation: This leadership change could impact investor confidence, particularly against the backdrop of the company's ongoing pursuit of high-margin silver and gold streaming profits, with the market closely monitoring the new CEO's strategic direction and execution capabilities.
See More
