5 Best Gold Mining Stocks To Buy Now

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In this article, we will take a look at the 5 best gold mining stocks to buy now. To see more such companies, go directly to 15 Best Gold Mining Stocks To Buy Now.

5. Wheaton Precious Metals Corp. (NYSE:WPM)

Number of Hedge Fund Holders: 29

Canada-based Wheaton Precious Metals Corp. (NYSE:WPM) is one of the best gold mining companies to invest in according to hedge funds. Out of the 943 hedge funds in Insider Monkey’s database, 29 hedge funds had stakes in Wheaton Precious Metals Corp. (NYSE:WPM). The biggest hedge fund stakeholder of Wheaton Precious Metals Corp. (NYSE:WPM) at the end of March was Jean-Marie Eveillard’s First Eagle Investment Management which owns a $978 million stake in the company.

In May RBC Capital downgraded Wheaton Precious Metals Corp. (NYSE:WPM) stock to Sector Perform from Outperform with a $45 price target, down from $50. RBC said Wheaton Precious Metals Corp. (NYSE:WPM) now trades at the upper end of its normal valuation.

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