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Wheaton Precious Metals Corp
Symbol WPM
Shares Issued 454,036,958
Close 2026-03-17 C$ 188.02
Market Cap C$ 85,368,028,843
Recent Sedar+ Documents

Globe says Wheaton Precious kept at "outperform"

2026-03-17 07:12 ET - In the News

The Globe and Mail reports in its Tuesday, March 17, edition that National Bank Financial analyst Shane Nagle has reaffirmed his "outperform" recommendation for Wheaton Precious Metals. The Globe's David Leeder writes that Mr. Nagle jacked his share target up by $5 to $245. Analysts on average target the shares at $244.18. Mr. Nagle sees Wheaton remaining "well positioned in a challenging deal environment within the royalty/streaming sector, as embedded organic growth supports improved returns relative to peers." Mr. Nagle says in a note: "Growth is supported by newly operating assets, including Blackwater, Mineral Park, Fenix, Hemlo, Goose and Platreef and importantly five development projects (Fenix, El Domo, Kurmuk and KonE, Curraghinalt) continue to advance toward production over the next 24 months, with implied returns of these streams well above those recently acquired in the market (Antamina, Hemlo and Spring Valley). ... Our target has come up slightly as we have adjusted our estimates based on operator guidance leading to slight increase in 2026 estimates." The Globe reported on Oct. 11, 2024, and March 18, 2025, that Mr. Nagle rated Wheaton "outperform." The shares could then be had for $81.34 and $107.

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