Wheaton Precious Metals stock hits all-time high at 96.89 USD

Published 05/08/2025, 14:48
Wheaton Precious Metals stock hits all-time high at 96.89 USD

Wheaton Precious Metals Corp (NYSE:WPM) has reached an all-time high, with its stock price hitting 96.89 USD, supported by impressive financial metrics including an 82.98% gross profit margin and robust revenue growth of 32.76% over the last twelve months. According to InvestingPro analysis, the company maintains excellent financial health with strong profitability scores. This milestone marks a significant achievement for the company, reflecting a robust performance over the past year. The stock has experienced a remarkable 1-year change of 75.68%, showcasing the company’s strong market position and investor confidence. This surge in stock price highlights Wheaton Precious Metals’ ability to capitalize on favorable market conditions and its strategic initiatives, which have contributed to its impressive growth trajectory. InvestingPro subscribers can access 15+ additional exclusive insights and a comprehensive Pro Research Report, essential for understanding WPM’s current overvalued status and future potential.

In other recent news, Wheaton Precious Metals Corp reported a strong performance in the first quarter of 2025, surpassing analyst expectations. The company announced earnings per share of $0.55, exceeding the forecast of $0.52, and reported revenue of $470.41 million, well above the projected $416.97 million. These results indicate a positive start to the year for the company. Additionally, Wheaton Precious Metals revealed several senior management promotions effective June 30, 2025, aimed at positioning the company for future growth. Haytham Hodaly will be appointed President, while Randy Smallwood will continue as Chief Executive Officer. Curt Bernardi will transition to Executive Vice President, Strategy and General Counsel. Meanwhile, Berenberg analysts adjusted their price target for Wheaton Precious Metals to $87, down from $88, due to slight increases in operational expenditure and share-based remuneration expectations. Despite this adjustment, Berenberg maintains a Buy rating, highlighting a positive outlook on the company’s trading metrics.

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