Wheaton Precious Metals Corp. (WPM): Silver Production Growth and Sustainable Mining Investment

Wheaton Precious Metals Corp. (NYSE:WPM) is one of the best silver stocks to watch for in 2026, with about 20% upside potential. On March 3, Wheaton Precious Metals Corp. (NYSE:WPM) awarded Cetos Water $1 million for a technology that converts mining wastewater into reusable water.

The $1 million award price recognizes a solvent-based approach to water management at mining sites. The technology has the potential to improve how water is used across mining sites as miners continue to explore ways of integrating sustainable solutions into core operations.

The $1 million award comes on the heels of the company delivering solid fourth-quarter and 2025 results supported by the strength of its diversified portfolio. Production came at the higher end of the annual guidance.

The company produced 22,434 ounces of silver at the higher end of the 20,500 to 22,500 ounces guidance. It also sold 19,7996 ounces of silver. For the current year, Wheaton Precious Metals Corp. expects silver production to average between 27,000 and 29,000.

Wheaton Precious Metals Corp. (NYSE:WPM) is a leading precious metals streaming company, providing upfront financing to miners in exchange for long-term contracts to buy metals such as silver, gold, palladium, and cobalt at fixed costs.

While we acknowledge the risk and potential of WPM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WPM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and List of Homebuilder Stocks Sorted By Hedge Fund Sentiment.

Disclosure: None. Follow Insider Monkey on Google News.