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Wheaton Precious Metals (LON:WPM) Hits New 12-Month High - Here's Why

Wheaton Precious Metals logo with Basic Materials background

Wheaton Precious Metals Corp. (LON:WPM - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 7,220 ($96.95) and last traded at GBX 6,800 ($91.31), with a volume of 795 shares traded. The stock had previously closed at GBX 6,840 ($91.85).

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price target on Wheaton Precious Metals from GBX 6,800 ($91.31) to GBX 7,200 ($96.68) and gave the stock a "buy" rating in a report on Wednesday, July 2nd.

Get Our Latest Research Report on WPM

Wheaton Precious Metals Price Performance

The company has a market cap of £36.72 billion, a PE ratio of 60.25 and a beta of 0.70. The company has a fifty day moving average price of GBX 6,488.74 and a 200 day moving average price of GBX 5,829.18.

About Wheaton Precious Metals

(Get Free Report)

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.

See Also

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