On July 7, Wheaton Precious Metals declined 3.02% in regular trading, trading at 112.41 USD/share, with turnover of approximately $40.65 million.

On the news front, UBS recently lowered its price target on Wheaton Precious Metals to $150 from $165 while maintaining a Buy rating. Earlier, RBC Capital also reduced its target from $200 to $165, keeping an Outperform rating. Multiple institutions consecutively trimming targets reflects cautious expectations regarding elevated precious metals prices facing downward pressure. Meanwhile, silver prices extended their retreat from peak levels, with London silver falling over 2% to trade around the $60/oz range, further weighing on streaming companies with significant silver exposure.

At the sector level, the Gold industry experienced broad-based selling. Among individual stocks, Coeur Mining fell 5.3%, Newmont Mining fell 3.21%, Barrick Mining fell 2.78%, Agnico Eagle Mines fell 2.47%, and Pan American Silver fell 2.32%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)