<div id="readability-page-1"><p>09:25 AM EDT, 05/10/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:</p><p>We increase our 12-month target by CAD8 to CAD289, the result of moving our multiple forward one year to 2027 mostly offset by assuming a lower P/E multiple of 30.0x (from 35.0x previously), due to margin compression across the precious metals miners. Our assumed multiple of 30.0x is below WPM's two-year avg. fwd. P/E of 35.1x but above peers' avg. fwd. P/E of 23.3x. We trim our 2026 EPS estimate by USD0.05 to USD5.81 and keep 2027's at USD7.03. WPM delivered record Q1 2026 results with revenue of USD901M (+92% Y/Y) and operating cash flow of USD766M (+112% Y/Y), driven by strong commodity prices and solid production from Salobo and Penasquito. WPM closed its largest-ever transaction - the USD4.3B Antamina BHP silver stream - on April 1, 2026, doubling its Antamina exposure to 67.5% of silver production. WPM maintains its 2026 production guidance of 860k-940k GEOs and projects industry-leading growth of ~50% to 1.2M GEOs by 2030, supported by multiple development projects advancing through construction.</p> <p>MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</p></div>

GOEX

<p>CFRA maintains a Strong Buy opinion on Wheaton Precious Metals (WPM), raising the 12-month target by CAD8 to CAD289. This adjustment reflects a lower P/E multiple of 30.0x due to margin compression. WPM reported record Q1 2026 results with revenue of USD901M (+92% Y/Y) and operating cash flow of USD766M (+112% Y/Y). The company also completed a significant USD4.3B transaction, increasing its Antamina silver production exposure. WPM projects production growth to 1.2M GEOs by 2030, maintaining guidance of 860k-940k GEOs for 2026.</p>

Fidelity

Wheaton Precious

GLOBAL X Gold Explorers

SPDR Gold Shares

Sprott Active Gold & Silver Miners ETF

Abrdn Silver ETF Trust

VanEck Junior Gold Miners ETF

Abrdn Precious Metals Basket ETF Trust

Sprott Silver Mnrs & Physical Silver ETF

VanEck Gold Miners ETF

iShares Silver Tr

Pro Ultr Silver

iShares MSCI Global Gold Miners

Pro Ultr GLD

iShares Gold Trust

Invesco Db Precious Metals ETF

Abrdn Gold ETF Trust

Sprott PHYs Silver

Global X Silver Miner

 BHP Group Ltd

BHP Group Plc

BHP Group Limited

Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Wheaton Precious Metals