Wheaton Precious Metals Corp. (TSE:WPM – Get Free Report) Senior Officer Randy Smallwood sold 94,090 shares of the firm’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of C$73.70, for a total transaction of C$6,934,433.00.
Wheaton Precious Metals Stock Up 1.8 %
TSE WPM opened at C$73.75 on Friday. Wheaton Precious Metals Corp. has a 1-year low of C$52.15 and a 1-year high of C$78.95. The firm has a market capitalization of C$33.43 billion, a P/E ratio of 41.67 and a beta of 0.63. The firm’s 50 day moving average is C$74.11.
Wheaton Precious Metals (TSE:WPM – Get Free Report) last announced its quarterly earnings results on Thursday, May 9th. The company reported C$0.49 EPS for the quarter, beating the consensus estimate of C$0.40 by C$0.09. Wheaton Precious Metals had a return on equity of 8.50% and a net margin of 53.74%. The business had revenue of C$400.14 million for the quarter, compared to analyst estimates of C$391.32 million. Equities analysts expect that Wheaton Precious Metals Corp. will post 1.8465017 EPS for the current year.
Wheaton Precious Metals Increases Dividend
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Eight Capital raised their price target on shares of Wheaton Precious Metals from C$82.50 to C$85.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Canaccord Genuity Group lifted their target price on Wheaton Precious Metals from C$80.00 to C$90.00 in a research report on Tuesday, April 23rd. Stifel Nicolaus upped their price target on Wheaton Precious Metals from C$72.00 to C$80.00 and gave the company a “buy” rating in a report on Friday, April 19th. National Bankshares lifted their price objective on Wheaton Precious Metals from C$80.00 to C$85.00 and gave the stock a “sector perform” rating in a report on Monday, May 13th. Finally, Peel Hunt boosted their price objective on Wheaton Precious Metals from C$74.00 to C$82.00 in a research report on Tuesday, April 30th.
View Our Latest Stock Report on Wheaton Precious Metals
Wheaton Precious Metals Company Profile
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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