Silver Wheaton Corp (NYSE:WPM) Posts Quarterly Earnings Results, Hits Expectations

Wheaton Precious Metals Corp, formerly Silver Wheaton Corp, is a Canada pure precious metals streaming firm engaged in the sale of silver and gold.

Wheaton Precious Metals Corp (TSE:WPM) had its price objective decreased by investment analysts at Canaccord Genuity from C$35.00 to C$34.00 in a note issued to investors on Friday. Stock’s weekly performance expressed up trend of 0.10%. It has underperformed by 16.70% the S&P500.

The Stock had a 1.5 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.5 and 1.44 respectively. World Asset Management Inc acquired a new stake in shares of Silver Wheaton Corp during the second quarter valued at about $517,000. While in the same Quarter Previous year, the Actual EPS was $0.14.

Shares of Wheaton Precious Metals Corp (NYSE:SLW) (TSE:SLW) have been given an average rating of “Buy” by the twelve research firms that are covering the stock, Marketbeat Ratings reports.

Over the past five trading sessions shares of The TJX Companies, Inc. Also, the Hold rating count is 4 as of 08/10/17. As per Thursday, July 27, the company rating was maintained by Northland Capital. The company has a market cap of $8.41 billion, a PE ratio of 38.94 and a beta of 0.40.

The stock is now showing YTD performance of 3.21 Percent. Therefore 75% are positive. (NYSE:SLW), 9 have Buy rating, 0 Sell and 3 Hold. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Silver Wheaton Corp.

The current price is staying above the SMA lines which signify strength and is generally healthy/positive and may provide the momentum for driving the share price higher. More interesting news about Wheaton Precious Metals Corp (NYSE:WPM) were released by: Nasdaq.com and their article: “Swiss National Bank Buys Baker Hughes Inc, Wheaton Precious Metals Corp, Dell …” published on August 09, 2017 as well as Gurufocus.com’s news article titled: “Swiss National Bank Buys Baker Hughes Inc, Wheaton Precious Metals Corp, Dell …” with publication date: August 09, 2017. The legal version of this story can be read at https://www.baseball-news-blog.com/2017/08/13/national-bank-financial-boosts-wheaton-precious-metals-corp-wpm-price-target-to-c32-00.html. On Monday, August 15 the stock rating was maintained by JP Morgan with “Neutral”.

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