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Wheaton Precious Metals (LON:WPM) Shares Up 1% - Time to Buy?

Wheaton Precious Metals logo with Basic Materials background

Wheaton Precious Metals Corp. (LON:WPM - Get Free Report) shares traded up 1% on Monday . The stock traded as high as GBX 6,800 ($93.32) and last traded at GBX 6,740 ($92.49). 2,508 shares were traded during mid-day trading, a decline of 24% from the average session volume of 3,297 shares. The stock had previously closed at GBX 6,676.10 ($91.62).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 5,900 ($80.97) price target on shares of Wheaton Precious Metals in a research report on Monday, March 17th.

Read Our Latest Report on Wheaton Precious Metals

Wheaton Precious Metals Trading Down 1.8%

The stock's 50-day moving average is GBX 6,375.64 and its 200-day moving average is GBX 5,648.49. The stock has a market cap of £36.05 billion, a price-to-earnings ratio of 59.15 and a beta of 0.70.

Wheaton Precious Metals Company Profile

(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

Should You Invest $1,000 in Wheaton Precious Metals Right Now?

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