Wheaton Precious Metals Corp (TSE:WPM) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$30.20 and last traded at C$29.86, with a volume of 366968 shares traded. The stock had previously closed at C$29.59.
Several research analysts have commented on the company. BMO Capital Markets reaffirmed an “outperform” rating and set a C$27.00 price target on shares of Wheaton Precious Metals in a research report on Monday, December 17th. Royal Bank of Canada reaffirmed an “outperform” rating and set a C$30.00 price target on shares of Wheaton Precious Metals in a research report on Friday, February 15th. Eight Capital lifted their price target on Wheaton Precious Metals from C$34.00 to C$35.00 in a research report on Monday, December 17th. Finally, CSFB lowered Wheaton Precious Metals from an “outperform” rating to a “neutral” rating in a research report on Wednesday, December 19th.
The stock has a market capitalization of $13.09 billion and a P/E ratio of 45.88. The company has a debt-to-equity ratio of 26.61, a current ratio of 8.04 and a quick ratio of 7.86.
About Wheaton Precious Metals (TSE:WPM)
Wheaton Precious Metals Corp. operates as a silver and gold streaming company in Canada and internationally. It has streaming agreements for 20 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp.
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