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 dated Thursday, June 20th. The shares were sold at an average price of C$73.70, for a total value of C$6,934,433.00.
Wheaton Precious Metals Price Performance
WPM stock opened at C$73.75 on Friday. The stock’s 50 day moving average is C$74.11. The firm has a market capitalization of C$33.43 billion, a P/E ratio of 41.67 and a beta of 0.63. Wheaton Precious Metals Corp. has a twelve month low of C$52.15 and a twelve month high of C$78.95.
Wheaton Precious Metals (TSE:WPM – Get Free Report) last announced its quarterly earnings data on Thursday, May 9th. The company reported C$0.49 earnings per share for the quarter, topping the consensus estimate of C$0.40 by C$0.09. The company had revenue of C$400.14 million during the quarter, compared to analyst estimates of C$391.32 million. Wheaton Precious Metals had a net margin of 53.74% and a return on equity of 8.50%. On average, research analysts forecast that Wheaton Precious Metals Corp. will post 1.8465017 EPS for the current fiscal year.
Wheaton Precious Metals Increases Dividend
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on WPM. Stifel Nicolaus increased their target price on Wheaton Precious Metals from C$72.00 to C$80.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Canaccord Genuity Group lifted their price objective on shares of Wheaton Precious Metals from C$80.00 to C$90.00 in a research note on Tuesday, April 23rd. National Bankshares upped their target price on shares of Wheaton Precious Metals from C$80.00 to C$85.00 and gave the company a “sector perform” rating in a research note on Monday, May 13th. Veritas Investment Research raised their price target on shares of Wheaton Precious Metals from C$67.00 to C$84.00 in a report on Friday, April 12th. Finally, Peel Hunt boosted their price objective on shares of Wheaton Precious Metals from C$74.00 to C$82.00 in a report on Tuesday, April 30th.
Read Our Latest Stock Analysis on WPM
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.
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