Wheaton Precious Metals Corp. (TSE:WPM - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$97.57 and last traded at C$97.29, with a volume of 169460 shares changing hands. The stock had previously closed at C$95.48.
Analysts Set New Price Targets
WPM has been the subject of several research reports. UBS Group upgraded Wheaton Precious Metals to a "strong-buy" rating in a research note on Monday, November 18th. Stifel Canada raised Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, Stifel Nicolaus upped their target price on Wheaton Precious Metals from C$90.00 to C$102.00 in a research report on Monday, October 21st. Four analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Wheaton Precious Metals currently has an average rating of "Buy" and a consensus price target of C$97.67.
Get Our Latest Analysis on WPM
Wheaton Precious Metals Price Performance
The company has a market cap of C$30.35 billion, a P/E ratio of 49.80 and a beta of 0.70. The stock has a fifty day moving average price of C$86.45 and a two-hundred day moving average price of C$85.23.
Wheaton Precious Metals Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, December 6th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.88%. The ex-dividend date was Thursday, November 21st. Wheaton Precious Metals's dividend payout ratio (DPR) is presently 43.71%.
Wheaton Precious Metals Company Profile
(
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Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.
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