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Most Anticipated Earnings: MRE-T, PSI-T and more Canadian Companies Reporting Earnings this Week (Aug 05-09).Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)Key earnings weigh on marketsThis summary was created by AI, based on 5 opinions in the last 12 months.
Experts have mixed opinions on Wheaton Precious Metals (WPM-T) stock. Some are unsure about its potential rise in commodity price and advise waiting before buying, while others see it as an excellent company for gold exposure with bullish outlook. There is a consensus that the stock is heading in the right direction and finding support at current levels, with potential for upside. Overall, the stock is expected to at least return to previous highs and possibly go even higher if gold prices continue to do well. The company is recognized as the world's premier precious metals company with high margins and a diversified business, expecting gold prices to rise amidst a weak US Dollar and lower interest rates.
Unsure on whether stock will rise in commodity price increase. Would wait before buying. Overall, is heading in the right direction. Would wait before more strength before buying.
Excellent company for gold exposure. Ranks 9/10 for portfolio. Bullish on gold outlook. Excellent fundamentals. Will continue to buy and hold.
It's been sideways for a few years, but finding support at current levels. He sees lots of upside. He's been buying in three tranches. But if it doesn't rise, he will sell it.
It should at least return to previous highs around $61, but possibly $70 if gold continues to do well.
(Analysts’ price target is $73.14)World's premier precious metals company.
Less risk thank traditional mining companies.
High margins & diversified business.
Expecting gold prices to rise with weak US Dollar & lower interest rates.
World's best precious metals company.
Leverage to mining upside.
Very positive view on high quality asset class.
$69 price target on share price.
Expecting further growth.
Gold is a safe haven against interest rate hikes.
High exposure to silver which is used in EV manufacturing.
He bought them a long time ago and sold with profit. They would be in the same class as Franco-Nevada. WPM is not going to finance anymore. The cashflow is what it is and there will be little upside since it is a royalty company. He would prefer Franco-Nevada. He would look elsewhere where you can get appreciation.
Wheaton Precious Metals is a Canadian stock, trading under the symbol WPM-T on the Toronto Stock Exchange (WPM-CT). It is usually referred to as TSX:WPM or WPM-T
In the last year, 3 stock analysts published opinions about WPM-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Wheaton Precious Metals.
Wheaton Precious Metals was recommended as a Top Pick by on . Read the latest stock experts ratings for Wheaton Precious Metals.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Wheaton Precious Metals In the last year. It is a trending stock that is worth watching.
On 2024-10-10, Wheaton Precious Metals (WPM-T) stock closed at a price of $83.78.
From a trade perspective, a bit overbought. He's a trader at heart, and buys into dips. If you're a bull, by all means keep holding. But he took some $$ off the table.
Likes both gold and silver here. Gold and silver equities and exposure to them are very undervalued relative to long-term trends; analysts tell him it's likely going to stay that way for a while. The market just doesn't believe that gold and silver prices are going to remain elevated.