Wheaton Precious Metals (LON:WPM) Shares Down 0.8%

Wheaton Precious Metals Corp. (LON:WPM)’s share price fell 0.8% during mid-day trading on Friday . The company traded as low as GBX 4,080 ($51.84) and last traded at GBX 4,205 ($53.43). 9,492 shares were traded during mid-day trading, an increase of 330% from the average session volume of 2,205 shares. The stock had previously closed at GBX 4,240 ($53.88).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 5,100 ($64.80) target price on shares of Wheaton Precious Metals in a report on Tuesday, May 21st.

Wheaton Precious Metals Trading Down 0.8 %

The firm has a market capitalization of £19.06 billion, a P/E ratio of 4,122.55 and a beta of 0.63. The company has a 50-day moving average of GBX 4,270.03 and a 200-day moving average of GBX 3,876.76.

Wheaton Precious Metals Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, June 11th. Stockholders of record on Wednesday, May 29th were given a dividend of $0.16 per share. The ex-dividend date was Wednesday, May 29th. This represents a dividend yield of 0.28%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 4,901.96%.

About Wheaton Precious Metals

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.