Analyst Price Target is GBX 5,900
▲ +1.03% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Wheaton Precious Metals in the last 3 months. The average price target is GBX 5,900, with a high forecast of GBX 5,900 and a low forecast of GBX 5,900. The average price target represents a 1.03% upside from the last price of GBX 5,840.
Current Consensus is
Buy
The current consensus among 1 investment analysts is to buy stock in Wheaton Precious Metals.
Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.
Our high-quality portfolio includes a diverse mix of gold, silver, palladium, platinum and cobalt streams from 18 operating mines and 27 development projects around the world – offering our investors growth opportunities through our existing asset base, as well as through accretive acquisitions.
The Company’s production profile is driven by a portfolio of low-cost, long-life assets, including a gold stream on Vale’s Salobo mine, and silver streams on Glencore's Antamina mine and Newmont Goldcorp's Peñasquito mine. Our vision is to be the world’s premier precious metals investment vehicle. Our mandate is to deliver value through streaming to all of our stakeholders: to our Shareholders, by delivering low risk, high quality, diversified exposure and growth optionality to precious metals; to our Partners, by crystallising value for precious metals yet to be produced; and to our Neighbours, by promoting responsible mining practices and supporting the communities in which we live and operate.
Our unique business model creates significant shareholder value by providing: leverage to increases in the price of precious metals; additional growth through the acquisition of new streams; a dividend yield, which has the potential to grow over time; and, participation in the exploration and expansion success of the mines underlying our current agreements.
Wheaton offers these benefits while at the same time reduces many of the downside risks faced by traditional mining companies. In particular, Wheaton offers its investors both capital and operating cost predictability. Other than its initial upfront payment, Wheaton typically has no ongoing capital or exploration costs.
The Company has an experienced management team with a strong track record of success and is well positioned for further growth.
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