Wheaton Precious Metals Corp. (LON:WPM - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 6,324.31 ($83.70) and last traded at GBX 6,324.31 ($83.70), with a volume of 3690 shares traded. The stock had previously closed at GBX 5,980 ($79.14).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reissued a "buy" rating and set a GBX 5,900 ($78.08) target price on shares of Wheaton Precious Metals in a research note on Monday, March 17th.
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Wheaton Precious Metals Trading Up 3.2 %
The company has a market capitalization of £36.04 billion, a P/E ratio of 59.14 and a beta of 0.70. The company's 50 day moving average is GBX 5,648.69 and its 200-day moving average is GBX 5,121.10.
Wheaton Precious Metals Increases Dividend
The business also recently declared a dividend, which was paid on Friday, April 11th. Investors of record on Tuesday, April 1st were paid a $0.17 dividend. The ex-dividend date was Tuesday, April 1st. This represents a dividend yield of 0.22%. This is an increase from Wheaton Precious Metals's previous dividend of $0.16. Wheaton Precious Metals's dividend payout ratio is presently 43.30%.
Wheaton Precious Metals Company Profile
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Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.
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