Shares of Wheaton Precious Metals Corp. (LON:WPM - Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as GBX 7,220 ($96.85) and last traded at GBX 6,800 ($91.21), with a volume of 795 shares traded. The stock had previously closed at GBX 6,840 ($91.75).
Wall Street Analyst Weigh In
Separately, Berenberg Bank lifted their price objective on Wheaton Precious Metals from GBX 6,800 ($91.21) to GBX 7,200 ($96.58) and gave the company a "buy" rating in a research report on Wednesday, July 2nd.
Get Our Latest Report on WPM
Wheaton Precious Metals Price Performance
The company has a market capitalization of £37.06 billion, a price-to-earnings ratio of 60.80 and a beta of 0.70. The firm has a 50-day moving average price of GBX 6,495.77 and a two-hundred day moving average price of GBX 5,868.08.
Wheaton Precious Metals Company Profile
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Wheaton Precious Metals is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors leverage to commodity prices and exploration upside but with a much lower risk profile than a traditional mining company.
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