Wheaton Precious Metals Corp. (LON:WPM – Get Free Report)’s share price fell 0.8% during trading on Thursday . The company traded as low as GBX 3,505 ($44.91) and last traded at GBX 3,505 ($44.91). 1,617 shares traded hands during trading, a decline of 10% from the average session volume of 1,794 shares. The stock had previously closed at GBX 3,535 ($45.29).
Analysts Set New Price Targets
Separately, Berenberg Bank reduced their price objective on Wheaton Precious Metals from GBX 4,500 ($57.66) to GBX 4,100 ($52.53) and set a “buy” rating on the stock in a research note on Thursday, February 22nd.
View Our Latest Research Report on WPM
Wheaton Precious Metals Stock Performance
The firm’s fifty day moving average is GBX 3,545.01 and its 200-day moving average is GBX 3,582.50. The company has a market capitalization of £15.22 billion, a P/E ratio of 3,889.67 and a beta of 0.61.
Wheaton Precious Metals Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, April 15th. Stockholders of record on Tuesday, April 2nd will be issued a dividend of $0.16 per share. The ex-dividend date is Tuesday, April 2nd. This is an increase from Wheaton Precious Metals’s previous dividend of $0.15. This represents a dividend yield of 0.35%. Wheaton Precious Metals’s dividend payout ratio is 5,217.39%.
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 10, 2017. Wheaton Precious Metals Corp.
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