RBC Capital analyst Josh Wolfson maintained a Hold rating on Wheaton Precious Metals (WPM – Research Report) on April 29 and set a price target of $45.00. The company’s shares closed yesterday at $52.14.
According to TipRanks, Wolfson is a 4-star analyst with an average return of 4.8% and a 62.33% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Gold Fields, Royal Gold, and Osisko Gold Royalties.
Currently, the analyst consensus on Wheaton Precious Metals is a Strong Buy with an average price target of $56.33.
The company has a one-year high of $54.45 and a one-year low of $38.13. Currently, Wheaton Precious Metals has an average volume of 2.31M.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WPM in relation to earlier this year.
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Wheaton Precious Metals (WPM) Company Description:
Wheaton Precious Metals Corp. is a mining company, which engages in the sale of precious metals and cobalt production. It operates through the following segments: Gold, Silver, Palladium, Cobalt, and Other. It focuses on the following precious metals streams: Salobo, Peñasquito, Antamina, Constancia, Stillwater, San Dimas, Sudhury, Zinkgruvan, Yauliyacu, Neves-Corvo, Pascua-Lama, Rosemont, Voisey’s Bay, and others. The company was founded by Peter Derek Barnes on December 17, 2004 and is headquartered in Vancouver, Canada.
