Wheaton Precious Metals (LON:WPM) Sets New 52-Week High – Still a Buy?

Posted by Stephan Jacobs on Jan 23rd, 2026

Wheaton Precious Metals Corp. (LON:WPM – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as £110 and last traded at £104.05, with a volume of 12022 shares. The stock had previously closed at £105.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their price target on shares of Wheaton Precious Metals from GBX 9,600 to GBX 9,700 and gave the company a “buy” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of “Buy” and a consensus target price of GBX 9,700.

Check Out Our Latest Analysis on Wheaton Precious Metals

Wheaton Precious Metals Price Performance

The firm has a 50-day simple moving average of GBX 8,865.62 and a 200 day simple moving average of GBX 7,940.32. The stock has a market capitalization of £48.66 billion, a P/E ratio of 48.65 and a beta of 0.70.

About Wheaton Precious Metals

(Get Free Report)

Wheaton Precious Metals is the world’s premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors leverage to commodity prices and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. As a result, Wheaton has consistently outperformed gold and silver, as well as other mining investments.