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Analysts Offer Insights on Materials Companies: Wheaton Precious Metals (WPM), Ramelius Resources Limited (OtherRMLRF) and Solaris Resources (SLSR)

Tipranks - Thu Jun 4, 9:00PM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on Wheaton Precious Metals (WPM), Ramelius Resources Limited (RMLRF) and Solaris Resources (SLSR).

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Wheaton Precious Metals (WPM)

RBC Capital analyst Josh Wolfson maintained a Buy rating on Wheaton Precious Metals yesterday and set a price target of $165.00. The company’s shares closed last Wednesday at $124.95.

According to TipRanks.com, Wolfson is a 5-star analyst with an average return of 20.6% and a 62.8% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Novagold Resources New, Anglogold Ashanti PLC, and Hecla Mining Company. ;'>

Currently, the analyst consensus on Wheaton Precious Metals is a Strong Buy with an average price target of $175.54, representing a 37.2% upside. In a report issued on May 20, TipRanks – OpenAI also reiterated a Buy rating on the stock with a C$190.00 price target.

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Ramelius Resources Limited (RMLRF)

RBC Capital analyst Kaan Peker maintained a Hold rating on Ramelius Resources Limited yesterday and set a price target of A$3.50. The company’s shares closed last Wednesday at $2.43.

According to TipRanks.com, Peker is a 5-star analyst with an average return of 26.3% and a 58.0% success rate. Peker covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Fortescue Metals Group Ltd, and Sandfire Resources Limited. ;'>

Currently, the analyst consensus on Ramelius Resources Limited is a Strong Buy with an average price target of $3.90, a 66.4% upside from current levels. In a report issued on May 21, TipRanks – OpenAI also downgraded the stock to Hold with a A$3.50 price target.

Solaris Resources (SLSR)

In a report released yesterday, Sam Crittenden from RBC Capital maintained a Buy rating on Solaris Resources, with a price target of C$20.00. The company’s shares closed last Wednesday at $10.37.

According to TipRanks.com, Crittenden is a 5-star analyst with an average return of 29.9% and a 65.0% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Nexa Resources SA, and Warrior Met Coal. ;'>

Solaris Resources has an analyst consensus of Strong Buy, with a price target consensus of $15.50.

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