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:

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.