Wheaton Precious Metals Corp (TSE:WPM) Price Target Cut to C$34.00 by Analysts at Canaccord Genuity

Wheaton Precious Metals Corp (TSE:WPM) had its target price cut by equities researchers at Canaccord Genuity from C$35.00 to C$34.00 in a research note issued to investors on Friday. Canaccord Genuity’s target price would suggest a potential upside of 33.44% from the company’s current price.

Wheaton Precious Metals Corp (WPM) traded down 6.40% during trading on Friday, hitting $23.85. The company’s stock had a trading volume of 1,415,646 shares. Wheaton Precious Metals Corp has a 12 month low of $22.63 and a 12 month high of $40.34. The firm has a market cap of $10.54 billion and a P/E ratio of 39.42. The firm has a 50 day moving average of $25.25 and a 200 day moving average of $27.03.

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Wheaton Precious Metals Corp Company Profile

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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