Wheaton Precious Metals (TSE:WPM) had its target price hoisted by National Bank Financial from C$33.00 to C$35.00 in a report issued on Tuesday, April 10th. National Bank Financial currently has an outperform rating on the stock. National Bank Financial also issued estimates for Wheaton Precious Metals’ FY2018 earnings at $0.77 EPS and FY2019 earnings at $0.86 EPS.
Other research analysts have also issued reports about the company. Canaccord Genuity cut their price target on Wheaton Precious Metals from C$39.50 to C$38.50 in a research note on Thursday, March 22nd. Desjardins reiterated a buy rating on shares of Wheaton Precious Metals in a research report on Monday, December 11th. Six investment analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and an average target price of C$32.30.
Shares of TSE:WPM traded up C$0.16 during midday trading on Tuesday, hitting C$26.96. The company had a trading volume of 301,342 shares, compared to its average volume of 853,806. Wheaton Precious Metals has a twelve month low of C$23.18 and a twelve month high of C$29.90.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 20th. Shareholders of record on Friday, April 20th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Thursday, April 5th.
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Wheaton Precious Metals Company Profile
Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. 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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