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

Wheaton Precious Metals Corp. (LON:WPMGet Free Report) shares hit a new 52-week high on Thursday . The company 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 trading hands. The stock had previously closed at GBX 5,240 ($67.78).

Analysts Set New Price Targets

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

Get Our Latest Stock Report on WPM

Wheaton Precious Metals Stock Up 1.2 %

The stock has a market cap of £32.12 billion, a price-to-earnings ratio of 52.70 and a beta of 0.70. The business’s fifty day moving average is GBX 5,148.03 and its two-hundred 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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