Shares of Wheaton Precious Metals Corp (TSE:WPM) have received an average rating of “Buy” from the ten ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$32.07.
A number of equities analysts have issued reports on WPM shares. Eight Capital reaffirmed a “buy” rating on shares of Wheaton Precious Metals in a research note on Thursday, November 16th. Desjardins reaffirmed a “buy” rating on shares of Wheaton Precious Metals in a research note on Monday, December 11th. Finally, Canaccord Genuity increased their price target on Wheaton Precious Metals from C$34.00 to C$38.00 in a research note on Monday, January 15th.
Shares of Wheaton Precious Metals (TSE:WPM) traded down C$0.31 during midday trading on Friday, reaching C$26.24. The company’s stock had a trading volume of 927,700 shares, compared to its average volume of 798,470. The company has a market cap of $11,570.00, a price-to-earnings ratio of 46.04 and a beta of -0.11. Wheaton Precious Metals has a 52-week low of C$23.18 and a 52-week high of C$29.90.
Wheaton Precious Metals (TSE:WPM) last issued its quarterly earnings results on Thursday, November 9th. The company reported C$0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C$0.19. Wheaton Precious Metals had a return on equity of 5.29% and a net margin of 32.79%.
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About Wheaton Precious Metals
Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. 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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