Wheaton Precious Metals stock trades at EUR 123.65, market cap USD 62.7 billion - ad-hoc-news.de

AI desk brief

Wheaton Precious Metals traded at EUR 123.65 on Lang & Schwarz, with a market cap of USD 62.7bn and P/E of 30.6; UBS lifted its price target to USD 160 from USD 153. The piece frames the stock as sensitive to gold and silver prices through Wheaton’s streaming model, with Q2 revenue of USD 929.2m and net income of USD 543.2m providing the latest fundamental backdrop.

Next catalyst is Q3 results on Nov. 5, with the conference call set for Nov. 6. Peer valuation remains rich across the sector, with Franco-Nevada at P/E 32.1 and Royal Gold at 25.7.