Wheaton Precious Metals vs Kinross Gold
This page compares Wheaton Precious Metals and Kinross Gold, outlining their business models, financial performance, and market context to show how each company operates within the precious metals sector. The content is neutral and accessible, and avoids forecasts or recommendations. Educational content, not financial advice.
This page compares Wheaton Precious Metals and Kinross Gold, outlining their business models, financial performance, and market context to show how each company operates within the precious metals sec...
Why It's Moving
WPM Faces Analyst Warnings of 8% Downside Amid Weak Near-Term Signals Despite Long-Term Bull Case
- Analysts flag weak 1-5 day signals with support at $131.42, pointing to divergent sentiment that could spark 8% downside risk in choppy precious metals markets.
- Recent Q3 results showed EPS beating estimates at $0.62 versus $0.59 expected, though revenue slightly missed, underscoring resilient margins of 54.72% amid silver price volatility.
- Leadership shift announced with Haytham Hodaly set to become CEO in March 2026, building on $11 billion in streaming deals and 40% production growth targeted by 2029.
KGC Stock Warning: Why Analysts See -15% Downside Risk
- CIBC hiked its price target to $54 on February 4, citing elevated gold forecasts to $6,000/oz in 2026, yet some see overvaluation risks if metal prices falter.
- Kinross scheduled 2025 Q4 results and 2026 guidance for February 18, heightening uncertainty as markets anticipate details on reserves and capital plans.
- Zacks flagged KGC as a value play with a Hold rank on February 2, but upward earnings revisions may not offset sector headwinds like geopolitical flux.
WPM Faces Analyst Warnings of 8% Downside Amid Weak Near-Term Signals Despite Long-Term Bull Case
- Analysts flag weak 1-5 day signals with support at $131.42, pointing to divergent sentiment that could spark 8% downside risk in choppy precious metals markets.
- Recent Q3 results showed EPS beating estimates at $0.62 versus $0.59 expected, though revenue slightly missed, underscoring resilient margins of 54.72% amid silver price volatility.
- Leadership shift announced with Haytham Hodaly set to become CEO in March 2026, building on $11 billion in streaming deals and 40% production growth targeted by 2029.
KGC Stock Warning: Why Analysts See -15% Downside Risk
- CIBC hiked its price target to $54 on February 4, citing elevated gold forecasts to $6,000/oz in 2026, yet some see overvaluation risks if metal prices falter.
- Kinross scheduled 2025 Q4 results and 2026 guidance for February 18, heightening uncertainty as markets anticipate details on reserves and capital plans.
- Zacks flagged KGC as a value play with a Hold rank on February 2, but upward earnings revisions may not offset sector headwinds like geopolitical flux.
Investment Analysis
Pros
- Wheaton Precious Metals reported record revenue of $476 million and net earnings of $367 million in Q3 2025, reflecting strong operational performance.
- The company has a strong balance sheet with $1.2 billion cash, no debt, and an undrawn $2 billion revolving credit facility ensuring liquidity.
- It operates streaming and royalty agreements on 23 operating mines and 24 development projects, providing diversified exposure and low-cost asset base.
Considerations
- The stock trades at a high forward P/E ratio of about 30.3, indicating premium valuation that may limit upside.
- Wheaton’s business model is reliant on the production success of third-party mines, exposing it to execution risks outside its control.
- Production increases are partly due to contributions from recent acquisitions and new mines, which may face integration or operational risks.
Kinross Gold
KGC
Pros
- Kinross Gold is a leading global gold producer with diversified operations across multiple regions.
- It benefits from a strong operational footprint with large-scale, established mines contributing significant gold output.
- Kinross has opportunities for growth through exploration and development projects, supporting medium- to long-term production expansion.
Considerations
- Kinross faces higher exposure to operational risks and commodity price volatility due to owning and operating mines directly.
- The company’s market capitalization and financial size are significantly smaller than some peers, which may constrain resource access.
- Kinross’s profitability metrics tend to be more sensitive to gold price fluctuations and operational costs compared to streaming models.
Related Market Insights
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Related Market Insights
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Wheaton Precious Metals (WPM) Next Earnings Date
Wheaton Precious Metals' next earnings date is estimated for March 12, 2026, covering the Q4 2025 period. This projection aligns with the company's historical reporting patterns in early to mid-March for year-end results. Official confirmation from the company is pending, with estimates ranging from March 11 to March 16.
Kinross Gold (KGC) Next Earnings Date
Kinross Gold (KGC) is scheduled to report its next earnings on February 18, 2026, covering Q4 and full-year 2025 results along with 2026 guidance. This date aligns with the company's historical mid-February pattern for year-end releases, as confirmed in recent announcements. Investors should monitor for any official updates from Kinross, with results expected after market close.
Wheaton Precious Metals (WPM) Next Earnings Date
Wheaton Precious Metals' next earnings date is estimated for March 12, 2026, covering the Q4 2025 period. This projection aligns with the company's historical reporting patterns in early to mid-March for year-end results. Official confirmation from the company is pending, with estimates ranging from March 11 to March 16.
Kinross Gold (KGC) Next Earnings Date
Kinross Gold (KGC) is scheduled to report its next earnings on February 18, 2026, covering Q4 and full-year 2025 results along with 2026 guidance. This date aligns with the company's historical mid-February pattern for year-end releases, as confirmed in recent announcements. Investors should monitor for any official updates from Kinross, with results expected after market close.
Which Baskets Do They Appear In?
Golden Haven: Geopolitical Risk
This carefully selected group of stocks features companies positioned to benefit from the gold price surge driven by global uncertainty. Professional analysts have identified these precious metals players as potentially profitable opportunities during times of market volatility and inflation concerns.
Published: July 14, 2025
Explore BasketWhich Baskets Do They Appear In?
Golden Haven: Geopolitical Risk
This carefully selected group of stocks features companies positioned to benefit from the gold price surge driven by global uncertainty. Professional analysts have identified these precious metals players as potentially profitable opportunities during times of market volatility and inflation concerns.
Published: July 14, 2025
Explore BasketBuy WPM or KGC in Nemo
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