Wheaton Precious Metals Corp. (LON:WPM - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 5,574.80 ($70.85) and last traded at GBX 5,466.04 ($69.46), with a volume of 2331 shares. The stock had previously closed at GBX 5,500 ($69.89).
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 5,800 ($73.71) target price on shares of Wheaton Precious Metals in a research note on Wednesday, February 19th.
Get Our Latest Analysis on Wheaton Precious Metals
Wheaton Precious Metals Stock Up 7.1 %
The company has a market cap of £30.91 billion, a price-to-earnings ratio of 50.70 and a beta of 0.70. The stock's 50-day simple moving average is GBX 5,000.87 and its 200 day simple moving average is GBX 4,875.99.
About Wheaton Precious Metals
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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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