Wheaton Precious Metals Hits 52-Week High: What's Driving the Stock?
Wheaton Precious Metals(WPM) ZACKS·2024-09-20 00:01
Shares of Wheaton Precious Metals Corp. (WPM) scaled a new 52-week high of 61.30. The increase was fueled by rising gold prices. Wheaton Precious Metals currently has a market capitalization of $28 billion and a Zacks Rank #3 (Hold).What’s Aiding Wheaton Precious Metals?Promising Long-term Production Guidance: The company expects production to increase 40% over the next five years and be more than 800,000 GEOs by 2028.This will primarily be dr ...