Wheaton Precious Metals (LON:WPM) Stock Price Down 0.3% – Time to Sell?

Wheaton Precious Metals Corp. (LON:WPM)’s share price traded down 0.3% during mid-day trading on Friday . The company traded as low as GBX 4,526.67 ($56.89) and last traded at GBX 4,572.62 ($57.47). 2,626 shares changed hands during trading, a decline of 3% from the average session volume of 2,705 shares. The stock had previously closed at GBX 4,585 ($57.62).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 5,200 ($65.35) price objective on shares of Wheaton Precious Metals in a research note on Monday, October 7th.

Wheaton Precious Metals Trading Down 0.3 %

The firm has a market cap of £20.74 billion, a P/E ratio of 4,763.15 and a beta of 0.70. The stock has a 50 day simple moving average of GBX 4,917.05 and a 200-day simple moving average of GBX 4,654.01.

Wheaton Precious Metals Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 21st were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a dividend yield of 0.24%. Wheaton Precious Metals’s dividend payout ratio is presently 4,895.83%.

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.