5 Best Silver Mining Stocks To Invest In Now

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

Number of Hedge Fund Investors In Q4 2023: 28

Wheaton Precious Metals Corp. (NYSE:WPM) is a Canadian precious metals mining company headquartered in Vancouver, Canada. The firm’s shares came under pressure in February 2024, as despite an optimistic sales growth forecast, TD Securities downgraded the shares to Hold from Buy and cut the share price target to $51 from $58.

During December 2023, 28 out of the 933 hedge funds tracked by Insider Monkey had bought a stake in the firm. Wheaton Precious Metals Corp. (NYSE:WPM)’s largest hedge fund investor is Jean-Marie Eveillard’s First Eagle Investment Management due to its $1 billion stake.

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