Wheaton Precious Metals (LON:WPM) Reaches New 52-Week High – Should You Buy?

Wheaton Precious Metals Corp. (LON:WPMGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 5,698 ($73.70) and last traded at GBX 5,647.67 ($73.05), with a volume of 2311 shares traded. The stock had previously closed at GBX 5,240 ($67.78).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 5,800 ($75.02) price objective on shares of Wheaton Precious Metals in a research report on Wednesday, February 19th.

View Our Latest Research Report on Wheaton Precious Metals

Wheaton Precious Metals Stock Up 1.2 %

The stock has a market capitalization of £32.12 billion, a price-to-earnings ratio of 52.70 and a beta of 0.70. The company’s 50-day moving average is GBX 5,148.03 and its 200-day moving average is GBX 4,921.40.

About Wheaton Precious Metals

(Get Free Report)

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.

Further Reading

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