In other recent news, Wheaton Precious Metals (NYSE: WPM ) reported record revenue for the fourth quarter of 2024, achieving $381 million, though this was slightly below the forecast of $394.97 million. Despite the revenue miss, earnings per share met expectations at $0.44, and the company saw a 26% year-over-year increase in annual revenue, reaching $1.3 billion. Additionally, Wheaton Precious Metals is forecasting significant production growth, targeting 870,000 gold equivalent ounces by 2029. On the analyst front, Scotiabank (TSX: BNS ) raised its price target for Wheaton Precious Metals to $79, maintaining a Sector Outperform rating, while Berenberg also increased its target to $75, citing a positive outlook for gold and silver prices. The company is actively pursuing merger and acquisition opportunities, with a strategic focus on expanding its portfolio of streaming agreements in the precious metals sector.