Wheaton Precious Metals Corp (TSE:WPM) declared a quarterly dividend on Thursday, November 14th, Zacks reports. Investors of record on Wednesday, December 4th will be paid a dividend of 0.118 per share on Monday, December 16th. This represents a $0.47 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Tuesday, December 3rd.
Wheaton Precious Metals stock opened at C$36.50 on Friday. The stock has a market capitalization of $16.35 billion and a PE ratio of 1,216.67. Wheaton Precious Metals has a twelve month low of C$20.56 and a twelve month high of C$40.95. The company has a quick ratio of 4.61, a current ratio of 4.67 and a debt-to-equity ratio of 19.57. The company has a 50 day moving average of C$35.50 and a 200-day moving average of C$34.06.
Wheaton Precious Metals (TSE:WPM) last released its quarterly earnings results on Thursday, November 14th. The company reported C$0.21 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of C$0.21. The company had revenue of C$295.20 million during the quarter, compared to analyst estimates of C$296.16 million. Equities analysts anticipate that Wheaton Precious Metals will post 0.5204277 EPS for the current fiscal year.
In other news, Director George Leslie Brack sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of C$40.75, for a total value of C$163,000.00. Following the completion of the transaction, the director now owns 14,547 shares in the company, valued at C$592,790.25.
Several research analysts have recently weighed in on WPM shares. National Bank Financial reduced their price target on shares of Wheaton Precious Metals from C$50.00 to C$48.00 and set an “outperform” rating for the company in a report on Monday, November 18th. Eight Capital upped their price target on shares of Wheaton Precious Metals from C$35.00 to C$42.50 in a report on Thursday, August 8th. Finally, CSFB upped their price target on shares of Wheaton Precious Metals from C$34.00 to C$38.00 in a report on Friday, August 9th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Wheaton Precious Metals currently has an average rating of “Buy” and a consensus target price of C$36.64.
Wheaton Precious Metals Company Profile
Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells silver and gold ores. It has agreements for 19 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp.
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