Wheaton Precious Metals Corp. (LON:WPM – Get Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as GBX 4,826 ($60.61) and last traded at GBX 4,826 ($60.61), with a volume of 1698 shares changing hands. The stock had previously closed at GBX 4,415 ($55.45).
Analysts Set New Price Targets
Separately, Berenberg Bank decreased their price target on Wheaton Precious Metals from GBX 4,500 ($56.52) to GBX 4,100 ($51.49) and set a “buy” rating for the company in a research note on Thursday, February 22nd.
Wheaton Precious Metals Trading Up 9.3 %
The company has a 50-day moving average of GBX 3,941.85 and a 200-day moving average of GBX 3,758.72. The firm has a market capitalization of £21.87 billion, a price-to-earnings ratio of 4,696.81 and a beta of 0.66.
Wheaton Precious Metals Announces Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, June 11th. Shareholders of record on Wednesday, May 29th will be issued a dividend of $0.16 per share. The ex-dividend date of this dividend is Wednesday, May 29th. This represents a dividend yield of 0.28%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 5,212.77%.
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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