In this article, we will take a look at the 10 Best Precious Metal Stocks to Buy After the U.S. Venezuela Mission.
Gold has ‘a long way to go’, according to Alamos Gold CEO John McCluskey. In an interview with Yahoo Finance on January 8, McCluskey highlighted global geopolitical risk and economic uncertainty as key factors driving gold’s rally, citing a promising future with higher investor interest. McCluskey said:
”China and all the countries that trade with China, Russia and countries that trade with Russia, why have they been accumulating gold? You know, it has also to do with the heightened political risk in the world; it has a lot to do with the economic uncertainty created by this new American administration that basically has been very aggressive with the tariff policies and so forth. There’s a whole raft of reasons why gold has been sought after by investors, and frankly, investors are only coming to the table now. I mean, it’s mostly been central bank buying as you pointed out. But, investors are coming to the party now, and I think that’s why gold has a long way to go yet.”
Gold and Silver, both precious metals, have been trading at their all-time high as of January 12. The price of spot gold reached $4,630, up over 1.95% on Monday, while silver reached a record $86.50.
In 2025, the demand for gold reached record highs as it continued the bull rally in 2026. The prices of precious metals are at record levels with higher demand for gold and silver, as well as copper and other industrial metals.
According to Reuters, Jim Wyckoff, a senior analyst at Kitco Metals, pointed out that the precious metals traders see more risk on the horizon than stock and bond traders do at present. The analyst further noted that the U.S. raid on Venezuela has fueled continued demand for gold and silver as safe-haven assets.
Researchers at JPMorgan expect 2026 to be another record year for gold and silver, with the gold price pushing toward $5,000 per ounce by the end of 2026. JPMorgan Global Research projects the gold price to average $5,055 per ounce by the end of 2026, rising toward $5,400 per ounce by the end of 2027.
JPMorgan’s analyst has similar views to McCluskey regarding the investors’ interest in the precious metals. Gregory Shearer, head of Base and Precious Metals Strategy at JPMorgan, said:
”While gold’s share of total investor AUM has grown by around one percentage point over the last two years as prices and demand have increased, we still see the potential for this share to rise toward 4–5% over the coming years.”
With that, let’s take a look at the 10 Best Precious Metal Stocks to Buy After the U.S. Venezuela Mission.
Our Methodology
To create our list of the 10 best precious metal stocks to buy, we looked at U.S.-listed companies with exposure to gold, silver, palladium, and other precious metals. We gathered the list from ETFs, industry reports, and Finviz screener to compile the initial list. We have ranked the 10 best precious metal stocks based on the highest analyst upside. We have also added the hedge fund sentiment for each stock, as of Q3 2025, which was sourced from Insider Monkey’s database.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Note: All the data is as of market close on January 9, 2026.
10. Wheaton Precious Metals Corp. (NYSE:WPM)
Share Price: $124.74
Market Capitalization: $59.33 Billion
Number of Hedge Fund Holders: 38
Analyst Upside: 6.22%
Wheaton Precious Metals Corp. (NYSE:WPM) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
Over the one-year period as of January 9, Wheaton Precious Metals Corp. (NYSE:WPM) has skyrocketed over 129%. Out of 18 analysts covering WPM, 94% rate the stock as a Buy with a median price target set at $132.50, indicating an upside of 6.22%.
On December 16, TheFly reported that Berenberg Bank raised its price target on Wheaton Precious Metals Corp. (NYSE:WPM) from $128 to $147. Richard Hatch at Berenberg raised the price target on WPM while maintaining a Buy rating.
Similarly, on December 7, Fahad Tariq of Jefferies raised the price target on WPM from $137 to $138, maintaining his Buy rating. Fahad is positive on Wheaton as he believes a strong 2026 for the metals and mining group, reported TheFly. The analyst remains bullish on gold equities, pointing out attractive valuations. However, Tariq remains cautious on copper stocks given valuations heading into 2026.
Jefferies analyst expects gold companies to increase margins and generate higher FCF in 2026 than in 2025. The longer gold prices remain elevated, the more investor attention will turn to growth, Tariq noted.
Wheaton Precious Metals Corp. (NYSE:WPM) is a precious metals firm operating in Europe, Africa, North America, and South America. Wheaton mainly produces gold, and also explores for silver, palladium, platinum, and cobalt deposits.
9. Perpetua Resources Corp. (NASDAQ:PPTA)
Share Price: $29.42
Market Capitalization: $3.59 Billion
Number of Hedge Fund Holders: 30
Analyst Upside: 8.77%
Perpetua Resources Corp. (NASDAQ:PPTA) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
Over the last six months, Perpetua Resources Corp. (NASDAQ:PPTA) shares have soared by over 107% as of January 9. All analysts covering PPTA remain positive on the stock and have a consensus Buy rating. The analysts’ median 1-year price target of $32 indicates an upside of almost 8.77%.
On December 10, RBC Capital raised its price target on Perpetua Resources Corp. (NASDAQ:PPTA) from $28 to $40, maintaining a Buy rating on the shares. RBC’s analyst Michael Siperco believes that the Stibnite project in Idaho presents a large-scale, high-margin gold operation with strategically important antimony byproduct. Siperco sees this as a great opportunity for Perpetua that could increase returns and support funding efforts.
In other news on December 16, Perpetua Resources Corp. (NASDAQ:PPTA) reported the hiring of Hatch Ltd. as the Engineering, Procurement, and Construction Management (EPCM) contractor for the Stibnite Gold project. Along with this, Hatch will be investing $4 million in Perpetua as the contractor sees potential in the project and believes in the strategic vision of the company.
Hatch’s Private Placement consists of 138,696 common shares of Perpetua Resources at a per share price of $28.24, as per the closing price on December 12, 2025. John Bianchini, CEO of Hatch, said:
Partnering with Perpetua to safely and efficiently deliver this project is our highest priority.
Perpetua Resources Corp. (NASDAQ:PPTA) is a development-stage mining company. Perpetua engages in the acquisition of mining properties in the U.S. and explores for gold, silver, and antimony deposits.
8. McEwen Inc. (NYSE:MUX)
Share Price: $20.49
Market Capitalization: $1.12 Billion
Number of Hedge Fund Holders: 16
Analyst Upside: 12.25%
McEwen Inc. (NYSE:MUX) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
On December 16, McEwen Inc. (NYSE:MUX) announced that the Mexican government had granted the extension of the Environmental Impact Assessment for the El Gallo Mine. McEwen can now initiate the Phase 1 Mill construction following this approval, while the company plans to begin the construction in mid-2026. The management anticipates the first gold pour by mid-2027, with the Phase 1 projected to produce approximately 20,000 gold Equivalent Ounces annually once commercial production begins.
In addition to this, the company has also purchased the ball mill located on the site. McEwen has already started work on Phase 2, which focuses on the project’s in-situ silver deposits. This can increase El Gallo’s life well over the initial 10 years contemplated under Phase 1.
In other news, on December 8, McEwen reported that it is expanding its three major areas at its Gold Bar Mine complex in the Eureka Mining District of Nevada. The goal is to enhance resources and increase mine life, leading to higher annual gold production at Lookout Mountain, Windfall, and Unity Ridge. McEwen expects that the integration of these areas into the mine plan can potentially transform the Gold Bar Mine complex into a long-life asset.
McEwen Inc. (NYSE:MUX) is a development-stage gold and silver mining company with operations in the U.S., Canada, Mexico, and Argentina. The company is engaged in the exploration, development, and production of gold and silver deposits, as well as copper deposits.
7. Endeavour Silver Corp. (NYSE:EXK)
Share Price: $9.78
Market Capitalization: $2.87 Billion
Number of Hedge Fund Holders: 18
Analyst Upside: 12.47%
Endeavour Silver Corp. (NYSE:EXK) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
On January 9, H.C. Wainwright increased the price target on Endeavour Silver Corp. (NYSE:EXK) from $11 to $14.50, keeping the Buy rating, as reported by TheFly. Heiko Ihle from H.C. Wainwright lifted the price target as the analyst cites the company’s production results for the target bump.
Similarly, Alliance Global Partners raised the price target on EXK from $7.75 to $11 on January 9, reiterating its Buy rating, according to TheFly. Jake Sekelsky at Alliance Global sees the recent rise in silver and gold prices to fresh highs as a catalyst for a target upgrade.
On December 8, Endeavour Silver Corp. (NYSE:EXK) reported its full-year 2025 production. The company produced a total of 6.49 million ounces of silver and 37,164 ounces of gold. In Q4 2025 alone, silver production was approximately 2.03 million ounces, and total gold production was 13,785 ounces. The company achieved commercial production at the Terronera mine on October 1, 2025, adding approximately 352,002 ounces of silver and 8,148 ounces of gold in the fourth quarter of 2025. Project Guanaceví ended with 14% higher gold production from a year ago, driven by higher throughput amid the resolution of a 2024 trunnion failure.
In 2026, the company will sell the Bolañitos mine for $30 million and receive $10 million in Guanajuato Silver shares, plus contingent consideration payable based on production milestones at the Bolañitos mine. Kolpa’s production was in line with expectations, with a throughput of approximately 198,930 tonnes. The ongoing expansion planned at Kolpa is expected to be completed in the first quarter of 2026.
Endeavour Silver Corp. (NYSE:EXK) is primarily a silver mining company and engages in the acquisition, exploration, and development of mineral properties. The company explores for silver and gold deposits, and precious metals, along with polymetals.
6. Alamos Gold Inc. (NYSE:AGI)
Share Price: $41.62
Market Capitalization: $17.47 Billion
Number of Hedge Fund Holders: 35
Analyst Upside: 13.80%
Alamos Gold Inc. (NYSE:AGI) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
On December 22, Alamos Gold Inc. (NYSE:AGI) reported that the Toronto Stock Exchange (TSX) had accepted its notice to renew a Normal Course Issue Bid. With this, Alamos now has the authority to repurchase 18.58 million Class A common shares over the next 12 months, with the share repurchase period running from December 24, 2025, to December 23, 2026.
The authorized share repurchase program accounts for almost 5% of Alamos Gold’s public float and nearly 4.4% of its total shares outstanding. The company will be able to repurchase the shares through the TSX, other Canadian trading networks, and the NYSE at prevailing market prices, with the TSX daily limit of 296,678 shares excluding block trades.
In other news, on December 7, TheFly reported that Jefferies lifted the price target on Alamos Gold Inc. (NYSE:AGI) from $44 to $49, keeping its Buy rating on the stock. Jefferies analyst Fahad Tariq raised the price target as part of a 2026 preview for the metals and mining group. Tariq remains bullish on gold equities, pointing out the ‘attractive valuations,’ based on the recent market conditions. The analyst also projects that gold companies will increase margins and generate more FCF in 2026 than in 2025. Tariq noted that the longer gold prices remain elevated, the more investor attention will turn to growth.
Jefferies sees Alamos Gold Inc. (NYSE:AGI) as a catch-up opportunity, pointing out that AGI has “the highest quality portfolio among mid-cap gold miners.”
Alamos Gold Inc. (NYSE:AGI) is a gold producer and has mine operations in Canada, Mexico, and the U.S. The company mainly explores for gold deposits.
5. Coeur Mining, Inc. (NYSE:CDE)
Share Price: $19.62
Market Capitalization: $12.60 Billion
Number of Hedge Fund Holders: 36
Analyst Upside: 14.68%
Coeur Mining, Inc. (NYSE:CDE) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
In the last year, Coeur Mining, Inc. (NYSE:CDE) shares have spiked over 215% as of January 9. Six out of eight analysts still remain bullish on CDE shares with a consensus Buy rating. The stock has a median price target of $22.50, representing an upside potential of over 14%.
On December 15, TheFly reported that Roth Capital raised the price target on Coeur Mining, Inc. (NYSE:CDE) from $20 to $23, keeping a Buy rating on the shares. Joseph Reagor from Roth Capital increased the price target as he updated estimates to reflect revised forecasts for Coeur’s Q4 2025 and beyond, noting that while the future of gold and silver prices is uncertain due to the dynamics that drive cycle peaks, it is also prudent to revise his expectations to be more in line with the current market, as reported by TheFly.
Wall Street expects Coeur Mining to post earnings per share of $0.24 during the fourth quarter of 2025, up by a remarkable 118% from a year ago. The average revenue is estimated at around $668.70 million, up from $305.44 million year-over-year. In the past two years, CDE has surpassed EPS estimates three times while missing Wall Street estimates on five occasions.
Coeur Mining, Inc. (NYSE:CDE) is a gold and silver producer in the Americas. The company also explores for zinc, lead, and other related metals.
4. Equinox Gold Corp. (NYSE:EQX)
Share Price: $14.64
Market Capitalization: $11.49 Billion
Number of Hedge Fund Holders: 30
Analyst Upside: 16.47%
Equinox Gold Corp. (NYSE:EQX) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
Over the last six months, Equinox Gold Corp. (NYSE:EQX) has skyrocketed by over 141% as of January 9. Of the nine analysts covering EQX, eight have rated the stock a Buy, with a median price target of $17.05. The median price target suggests an upside of almost 16.47%.
The firm CBIC is the only one holding a Hold rating on Equinox Gold Corp. (NYSE:EQX) shares. On December 15, Anita Soni from CBIC downgraded EQX from Buy to Hold, slightly lowering the price target from $15.92 to $15.56.
In other news, on December 14, Equinox Gold reported that it has agreed to sell its 100% stake in Aurizona Mine, RDM Mine, and Bahia Complex in Brazil. CMOC will purchase these sites from Equinox Gold, with the seller receiving a total amount of $1.015 billion. Equinox will receive an upfront cash payment of $900 million at closing and the remaining $115 million in a product-linked contingent cash payment payable after one year of closing of the deal.
Management plans to strengthen its balance sheet through this sale and repay its $500 million term loan and $300 million Sprott loan. The goal is to reduce the revolving credit facility, leading to a strong balance sheet and lower interest expense. Following the completion of the transaction, Equinox Gold will focus on Valentine and Greenstone mines in Canada, Mesquite in California, and the El Limón and Libertad mines in Nicaragua. From these North American mines, the company projects a total gold production of 700,000 to 800,000 ounces in 2026.
As Equinox Gold Corp. (NYSE:EQX) turns its focus to North American operations, analysts from Stifel and RBC Capital maintain Buy ratings, with price targets of $17.36 and $18.09 as of December 16 and 10, 2025, respectively.
Equinox Gold Corp. (NYSE:EQX) focuses on the acquisition, exploration, and development of mineral properties in the Americas. Equinox’s core focus remains on exploring gold and silver.
3. NovaGold Resources Inc. (NYSE:NG)
Share Price: $10.08
Market Capitalization: $4.10 Billion
Number of Hedge Fund Holders: 17
Analyst Upside: 24.01%
NovaGold Resources Inc. (NYSE:NG) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
All five analysts covering NovaGold Resources Inc. (NYSE:NG) have rated it a Buy, with a median price target of $12.50, implying an upside of approximately 24% as of January 9. Over the past six months, NG shares have soared by over 127%.
On January 8, NovaGold Resources Inc. (NYSE:NG) reported that Donlin Gold LLC has signed a non-binding Letter of Intent (LOI) with Glenfarne Alaska LNG for a natural gas and power supply arrangement for the Donlin Gold mine project in Southwest Alaska. NovaGold holds a 60% stake in Donlin Gold LLC, while Paulson Advisers holds a 40% stake.
According to the LOI, Glenfarne Alaska will supply up to 50 million cubic feet of natural gas per day, supporting the development and construction of the Donlin Gold pipeline. The pipeline stretches from Southcentral Alaska to the mine site and will power the plant to supply electricity to the mine. Greg Lang, NOVAGOLD’s President and CEO, said:
”Powering Donlin Gold with natural gas from Alaska LNG could offer major advantages for the proposed mine and the Southwestern Alaska region by harnessing the strategic potential of such an important gold endowment for the industry and the United States. Aligning Alaska LNG and Donlin Gold’s pipeline schedules could reduce fuel costs, optimize transportation and logistics, streamline material procurement, and leverage shared expertise to lower overall project expenses.”
The companies have obtained primary state and federal permits for the pipeline route, with Supplemental environmental review underway. Moreover, Donlin Gold is working on its Bankable Feasibility Study, with proposals under consideration from notable engineering firms, and the selection of the contractor is expected in the first half of 2026.
NovaGold Resources Inc. (NYSE:NG) is a prominent gold miner that explores and develops gold mineral properties in the U.S. The company has a 60% stake in the Donlin Gold project with over 493 mining claims.
2. Americas Gold and Silver Corporation (NYSE:USAS)
Share Price: $5.37
Market Capitalization: $1.71 Billion
Number of Hedge Fund Holders: 11
Analyst Upside: 27.67%
Americas Gold and Silver Corporation (NYSE:USAS) is one of the best precious metals stocks to buy after the U.S. Venezuela mission.
On December 8, Americas Gold and Silver Corporation (NYSE:USAS) reported key highlights indicating rapid progress at the Crescent Silver Mine in Idaho. The company acquired the mine on December 3, 2025, with plans to restart the production of silver, copper, and antimony by mid-2026.
Americas Gold and Silver Corporation has already completed major infrastructure and operational upgrades since the acquisition. Some key developments include the connection of low-cost grid power to three main adits, minimizing estimated power costs from around $0.55/kWh to $0.07/kWh, and installation of a 6-inch compressed air line to replace diesel compressors. Paul Andre Huet, Chairman and CEO, said:
”In less than a month since closing the Crescent acquisition, our team has achieved remarkable progress towards restarting production. This rapid execution is an excellent start to our plan to establish best-in-class operations at Crescent. We’re poised to unlock multiple synergies with our neighbouring Galena Complex from procurement savings and equipment sharing to G&A efficiencies and spare processing capacity.”
To advance operations and production, Americas Gold and Silver Corporation has increased the site’s mining fleet. The company added two new 20-ton trucks, two 2-yard loaders, and one 4-yard loader, upgrading the fleet to 11 pieces.
Americas Gold and Silver Corporation (NYSE:USAS), along with its subsidiaries, focuses on exploration, development, and production of mineral properties in the U.S. The company explores for gold, silver, zinc, lead, and other minerals.
1. Vox Royalty Corp. (NASDAQ:VOXR)
Share Price: $4.60
Market Capitalization: $317.34 Million
Number of Hedge Fund Holders: 12
Analyst Upside: 30.43%
Vox Royalty Corp. (NASDAQ:VOXR) is one of the best precious metal stocks to buy after the U.S. Venezuela mission.
Over the past six months, Vox Royalty Corp. (NASDAQ:VOXR) shares have surged over 45% as of January 9. All analysts covering VOXR are bullish on the stock, with a median price target of $6. This indicates a notable potential upside of 30.43%.
On December 18, Vox Royalty Corp. (NASDAQ:VOXR) announced that it will acquire a 1.5% Net Smelter Return royalty on the feasibility Stockman copper-gold-zinc-silver project in Victoria, Australia. Vox has signed a binding agreement to purchase the facility with a total agreement amount of A$15 million.
Vox is purchasing the Royalty from IGO Stockman Project, a subsidiary of IGO Limited. The company will pay A$5 million in cash at the closing of the agreement. The remaining A$10 million will be paid in deferred payments based on cumulative production and environmental permits in place. Spencer Cole, Vox Chief Investment Officer, stated:
”We are excited to acquire this brownfields development-stage copper royalty in Australia that has potential to generate over $3M in annual royalty revenue based on the latest Stockman 12-year mine life feasibility study, with multiple catalysts expected in 2026. With all primary permits in place, a feasible near-to-mid-term development horizon, and clear engineering milestones expected, this royalty offers meaningful value and optionality for Vox shareholders.”
Stockman has a 12-year mine life and processing capacity of over 850,000 tonnes per annum, according to a January 2024 feasibility update. It is an advanced brownfields polymetallic project with all the basic mining and environmental permits in place. Aeris, the company currently operating the mine, is expected to release its latest feasibility study in the coming months. The management sees potential in the project with promising front-end engineering and strategic partner engagement as key goals heading into the first half of 2026.
Vox Royalty Corp. (NASDAQ:VOXR) is a mining royalty firm with a portfolio of almost 69 precious metals royalties across the world. Some of the key royalties held by Vox are in Australia, Canada, South Africa, Brazil, Peru, and the U.S.
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