Silver Surpasses $75 as Precious Metals Continue Historic Surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2025
0mins
Should l Buy WPM?
Source: Barron's
- Record Silver Prices: Silver prices reached an all-time high, surpassing $75 an ounce for the first time in history during early Friday trading.
- Market Influences: The surge in silver prices is attributed to concerns over currency debasement and increased industrial demand for precious metals.
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Analyst Views on WPM
Wall Street analysts forecast WPM stock price to rise
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 120.590
Low
118.00
Averages
137.91
High
160.00
Current: 120.590
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. Its segments include Gold, Silver, Palladium, Platinum and Cobalt. Its gold segment includes Salobo, Sudbury, Constancia, San Dimas, Stillwater, Blackwater, Platreef and others. Its Silver segment includes Penasquito, Antamina, Constancia, Blackwater and others. Its Palladium segment includes Stillwater and Platreef. Its Platinum segment includes Marathon and Platreef. Its Cobalt segment includes Voisey's Bay. 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.
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See More
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- Portfolio Rebalancing: Amid recent market volatility, Inside Edge Capital executed three portfolio adjustments, reallocating 2% to the short-term Treasury ETF (BIL) and 5% to the inverse Nasdaq ETF (PSQ) to mitigate potential downside risks.
- Gold Holdings Reduction: Despite heightened tensions in the Middle East typically driving gold demand, Inside Edge Capital has cut its positions in Anglogold Ashanti PLC and Agnico Eagle Mines Ltd within its Strategic Income & Growth portfolio, reflecting a cautious outlook on gold due to rising real interest rates and a strengthening dollar.
- Emerging Markets Exposure Cut: In response to increasing global risk aversion, Inside Edge Capital has reduced its investments in emerging markets, notably cutting its position in Kinross Gold Corp within its more aggressive Tactical Alpha Growth portfolio, indicating diminished confidence in these markets.
- Market Liquidity Shifts: As U.S. interest rates rise and the dollar strengthens, demand for liquidity in emerging markets has decreased, leading to a flow of funds back to the U.S., with Inside Edge Capital suggesting a potential reassessment of investments related to artificial intelligence in the future.
See More
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Market Trends: Investors are increasingly turning to dividend stocks to avoid sell-offs, as many companies have been rewarding shareholders with increased dividends despite a challenging growth environment.
Company Performances: Key companies in the semiconductor and aerospace sectors, such as Amat, Applied Materials, and Wheaton Precious Metals, have reported strong performances and significant dividend increases, with some delivering over 100% returns in the past year.
Dividend Increases: Applied Materials announced a 15% increase in its quarterly dividend, while Wheaton Precious Metals and Elbit Systems also reported substantial dividend boosts, reflecting their strong financial positions and growth prospects.
Investment Recommendations: Analysts are recommending five specific stocks for investors to consider, highlighting their potential for growth and attractive dividend yields, despite the overall market's volatility and lower yields in some sectors.
See More
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- Uranium Mining Growth: Cameco, the world's second-largest uranium producer, accounted for 15% of global uranium production in 2025, with an 11% year-over-year revenue increase to $3.4 billion and a 114% growth in adjusted EPS, highlighting its crucial role in the rising nuclear energy demand.
- Rising Nuclear Demand: As global AI energy needs surge, Cameco indirectly benefits from increased nuclear investments through its 49% stake in Westinghouse, further solidifying its strategic position in the nuclear market.
- Precious Metals Revenue Surge: Wheaton Precious Metals saw an 80% revenue increase in 2024, with net profit margins rising from 41.19% to 63.58%, reflecting its strong performance in the gold and silver markets amid rising prices.
- Dividend Growth Potential: Wheaton raised its dividend by 18%, with a current yield of 0.54% and a payout ratio of 29.5%, indicating ample room for future growth, making it attractive for long-term investors.
See More
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- Uranium Market Leader: Cameco stands as the world's second-largest uranium producer, responsible for 15% of global output in 2025, enhancing its market competitiveness and profitability through the mining and refining of high-grade uranium ore.
- Strong Financial Performance: In 2025, Cameco's revenue climbed 11% year-over-year to $3.4 billion, with adjusted earnings per share soaring 114%, reflecting the direct benefits from a nearly 35% increase in uranium prices, indicating its potential as a long-term investment.
- Precious Metals Streaming Model: Wheaton Precious Metals operates by providing upfront capital to mines in exchange for gold and silver at fixed prices below market rates, resulting in an 80% revenue increase in 2024 and a net profit margin rise from 41.19% to 63.58%, showcasing its unique business model advantages.
- Dividend Growth Potential: Wheaton raised its dividend by 18% last quarter, with a current yield of 0.47% and a payout ratio of just 29.5%, indicating ample room for future growth, making it appealing for income-seeking investors.
See More
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- Rate Policy Impact: The Federal Reserve's decision to keep the benchmark interest rate steady on March 18, signaling potential rate cuts delayed until 2027, has created a double whammy for metals and mining stocks amid persistent inflation and surging oil prices.
- Metal Price Decline: Traditionally, war boosts demand for precious metals like gold and silver; however, due to the U.S. dollar and bonds being favored as safe-haven assets, metal prices are declining, putting significant pressure on major mining stocks.
- Major Mining Companies Struggle: Shares of Newmont, the world's largest gold miner, fell 13.5% this week and over 25% since the Iran war began; Barrick and Hecla also faced steep declines, with Hecla's stock plunging over 50% from its late-January high.
- Industry Outlook Analysis: The metals and mining sector is grappling with high interest rates, soaring energy costs, and fears of an economic slowdown, creating substantial challenges, although companies like Newmont and Barrick show strong cash flow and asset management capabilities amidst the overall market gloom.
See More
