Wheaton Precious Metals Corp (TSE:WPM) Senior Officer Haytham Henry Hodaly sold 44,300 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of C$70.39, for a total transaction of C$3,118,277.00.
TSE:WPM opened at C$71.18 on Wednesday. The company has a current ratio of 2.73, a quick ratio of 2.04 and a debt-to-equity ratio of 11.89. The firm has a 50-day moving average price of C$70.01 and a two-hundred day moving average price of C$56.45. Wheaton Precious Metals Corp has a twelve month low of C$26.99 and a twelve month high of C$76.69. The company has a market capitalization of $31.96 billion and a P/E ratio of 90.44.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th were issued a dividend of $0.134 per share. The ex-dividend date of this dividend was Wednesday, August 26th. This represents a $0.54 annualized dividend and a yield of 0.75%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 48.28%.
A number of analysts recently weighed in on WPM shares. Canaccord Genuity increased their price target on shares of Wheaton Precious Metals from C$70.00 to C$75.00 in a research note on Tuesday, July 21st. Eight Capital increased their price target on shares of Wheaton Precious Metals from C$55.00 to C$75.00 in a research note on Monday, July 20th. National Bank Financial increased their price target on shares of Wheaton Precious Metals from C$78.00 to C$90.00 in a research note on Friday, September 11th. CSFB upped their price objective on shares of Wheaton Precious Metals from C$57.00 to C$65.00 in a research report on Wednesday, July 22nd. Finally, Credit Suisse Group increased their price target on shares of Wheaton Precious Metals from C$57.00 to C$65.00 in a report on Wednesday, July 22nd.
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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