Wheaton Precious Metals Corp. (LON:WPM – Get Free Report) shares shot up 1.6% during mid-day trading on Thursday . The company traded as high as GBX 4,244.07 ($53.31) and last traded at GBX 4,190 ($52.63). 146 shares changed hands during trading, a decline of 93% from the average session volume of 2,038 shares. The stock had previously closed at GBX 4,125 ($51.82).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reduced their price target on shares of Wheaton Precious Metals from GBX 4,500 ($56.53) to GBX 4,100 ($51.50) and set a “buy” rating for the company in a research report on Thursday, February 22nd.
Check Out Our Latest Stock Report on Wheaton Precious Metals
Wheaton Precious Metals Trading Up 1.6 %
The company has a market capitalization of £18.99 billion, a PE ratio of 4,457.45 and a beta of 0.66. The business’s 50-day simple moving average is GBX 3,756.01 and its 200-day simple moving average is GBX 3,713.23.
Wheaton Precious Metals Increases Dividend
The company also recently disclosed a dividend, which was paid on Monday, April 15th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.16 per share. This is a boost from Wheaton Precious Metals’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, April 2nd. This represents a dividend yield of 0.35%. Wheaton Precious Metals’s dividend payout ratio (DPR) is presently 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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