Wheaton Precious Metals is trading at $152.71 (+4.05%) following Investor Day’s production growth targets.
- The company targeted production growth to 1.2 million GEOs by 2030 and more than $2.5 billion in operating cash flow over the next 12 months.
- A report cited improved sentiment after the event and an RBC target increase.
- Broader risk appetite is supportive as major U.S. indexes advance, but the company update appears to be the primary catalyst. Confidence: Medium.