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Investors interested in stocks from the Mining - Miscellaneous sector have probably already heard of Teck Resources Ltd (TECK) and Wheaton Precious Metals Corp. (WPM). But which of these two stocks is more attractive to value investors?
WPM's Antamina stream deal and rising production could help drive higher output toward its long-term growth targets.
Gold and silver prices surged in August, recovering after a pullback period in July. Wheaton also reported stronger-than-expected second quarter earnings.
Bank of New York Mellon Corp purchased a new position in Wheaton Precious Metals Corp. (NYSE: WPM) during the undefined quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 475,727 shares of the company's stock, valued at approximately $53,434,000. Bank of New York Mellon Corp
Wheaton Precious Metals delivered record Q2 2026 results, driven by the transformative Antamina stream expansion and robust streaming model. WPM's growth pipeline is fully funded, supporting a target of roughly 50% production growth by 2030 without additional capex risk. Despite a sharp rise to $1.9 billion net debt from the Antamina deal, liquidity remains strong, and leverage is manageable with an upsized $2.5 billion credit facility.
Advisors Capital Management LLC purchased a new stake in Wheaton Precious Metals Corp. (NYSE: WPM) during the second quarter, according to its most recent filing with the SEC. The firm purchased 6,711 shares of the company's stock, valued at approximately $754,000. Several other hedge funds and other institutional investors have also bought and
WPM targets a 30% production jump in 2026, with Antamina, asset ramp-ups and strong growth plans supporting the outlook.
Mining royalty and streaming companies could be the key financiers for a sector facing rising capital costs of precious and critical metals.