Stifel Lifts PT on Wheaton Precious Metals Corp. (WPM) to C$144 From C$141, Keeps a Buy Rating

Wheaton Precious Metals Corp. (NYSE:WPM) is one of the most profitable gold stocks to buy right now. On July 21, Stifel analyst Ingrid Rico raised the firm’s price target on Wheaton Precious Metals Corp. (NYSE:WPM) to C$144 from C$141, keeping a Buy rating on the shares.

A representation of gold bars, highlighting the companies success in their gold industry.

Wheaton Precious Metals Corp. (NYSE:WPM) reported record $470 million in revenue in fiscal Q1 2025, while net earnings came up to $254 million and operating cash flow was $361 million.

Wheaton Precious Metals Corp. (NYSE:WPM) has a cash balance of $1.1 billion, no debt, and an undrawn $2 billion revolving credit facility as of March 31. The company also declared a quarterly dividend of $0.165 per common share.

Wheaton Precious Metals Corp. (NYSE:WPM) is a precious metals streaming company that operates through the Gold, Silver, Palladium, Cobalt, and Other business segments.

The company has a quality portfolio of long-life, low-cost assets, and its business model provides investors with exploration upside and commodity price leverage with a considerably lower risk profile when compared to a traditional mining company.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.