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Wheaton Precious Metals (LON:WPM) Reaches New 12-Month High - Here's What Happened

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Wheaton Precious Metals Corp. (LON:WPM - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 5,698 ($73.66) and last traded at GBX 5,647.67 ($73.01), with a volume of 2311 shares. The stock had previously closed at GBX 5,240 ($67.74).

Analyst Ratings Changes

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 5,900 ($76.27) price target on shares of Wheaton Precious Metals in a report on Monday.

Get Our Latest Stock Analysis on WPM

Wheaton Precious Metals Price Performance

The stock has a market capitalization of £33.02 billion, a price-to-earnings ratio of 54.17 and a beta of 0.70. The business's fifty day moving average price is GBX 5,148.03 and its 200-day moving average price is GBX 4,924.90.

Wheaton Precious Metals Company Profile

(Get Free Report)

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.

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