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Wheaton Precious Metals ( (TSE:WPM) ) has provided an announcement.
Wheaton Precious Metals reported a record second quarter and first-half of 2026, with quarterly revenue of $929 million, net earnings of $543 million and operating cash flow of $650 million, driving record year-to-date figures. The company maintained robust margins despite commodity price volatility, declared a quarterly dividend, and ended the period with $2.6 billion in available liquidity after upsizing and extending its revolving credit facility.
The group’s attributable gold equivalent production rose 6% in the quarter to 202,200 ounces, driven by its new Antamina silver stream and ramp-up at Hemlo, Fenix, Platreef and Goose. Wheaton expanded its portfolio with new streaming and royalty deals in Australia, Canada and Japan, advanced construction at several key development projects, and reinforced its sustainability credentials with top ESG ratings and recognition among Canada’s leading corporate citizens.
The most recent analyst rating on (TSE:WPM) stock is a Buy
with a C$160.00 price target.
To see the full list of analyst forecasts on Wheaton Precious Metals stock,
see the TSE:WPM Stock Forecast page.
Spark’s Take on WPM Stock
According to Spark, TipRanks’ AI Analyst, WPM is a Outperform.
The score is supported primarily by exceptional profitability and a historically conservative balance sheet, reinforced by a very strong earnings call highlighting record results and a credible growth outlook. Offsetting these strengths are weak technicals (below key moving averages with negative MACD) and a less compelling valuation profile (higher P/E with a low dividend yield).
To see Spark’s full report on WPM stock,
click here.
More about Wheaton Precious Metals
Wheaton Precious Metals is a Vancouver-based precious metals streaming and royalty company focused on gold, silver, palladium, platinum and cobalt. It secures long-term purchase agreements and royalties on a diversified portfolio of operating mines and development projects worldwide, positioning itself as a low-cost, high-margin player leveraged to commodity prices without directly operating mines.
Average Trading Volume: 790,086
Technical Sentiment Signal: Buy
Current Market Cap: C$69.24B
Find detailed analytics on WPM stock on TipRanks’ Stock Analysis page.