15 Best Precious Metal Stocks to Buy According to Wall Street Analysts

10. Guardian Metal Resources PLC (NYSEAMERICAN:GMTL)

On April 20, 2026, Maxim analyst Tate Sullivan downgraded Guardian Metal Resources PLC (NYSEAMERICAN:GMTL) to Hold from Buy, saying the stock had already reached its price target. The firm also raised its expense forecasts and pushed its initial revenue estimate to the second half of 2029 from the first half, citing a longer timeline to generate first revenue from the company’s tungsten projects in Nevada. Maxim said higher U.S. tungsten prices support the long-term development story but added that Guardian still needs additional resource updates and metallurgical work before accelerating construction activity.

On April 14, 2026, DA Davidson initiated coverage of Guardian Metal Resources PLC (NYSEAMERICAN:GMTL) with a Buy rating and a $30 price target. The firm said the company’s Pilot Mountain Project Desert Scheelite deposit could become the first operational U.S. tungsten mine since 2015 and sees multiple catalysts that could drive future increases to revenue and EBITDA forecasts.

On the same day, BMO Capital initiated coverage of Guardian Metal Resources PLC (NYSEAMERICAN:GMTL) with an Outperform rating and a 450 GBp price target. The firm said Pilot Mountain is one of the largest undeveloped tungsten deposits in the U.S. and argued that tungsten remains structurally constrained due to declining Chinese production, export restrictions, and limited Western supply. BMO said the project represents a strategically important domestic asset for the U.S.

Guardian Metal Resources PLC (NYSEAMERICAN:GMTL) explores mineral assets, with exposure to tungsten, copper, gold, silver, lithium, gallium, and zinc.