Wheaton Precious Metals Corp (SLW) Earns Daily News Sentiment Score of 0.69
News articles about Wheaton Precious Metals Corp (NYSE:SLW) (TSE:SLW) have been trending very positive this week, AlphaOne reports. The research group, a service of Accern, identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wheaton Precious Metals Corp earned a news sentiment score of 0.69 on AlphaOne’s scale. AlphaOne also assigned media stories about the mining company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Alpha One’s rankings:
- How the UK Elections Played on Precious Metals (finance.yahoo.com)
- Palladium Skyrockets: A Look at What’s in Store Next (finance.yahoo.com)
- Head-To-Head Review: Hecla Mining Company (HL) versus Wheaton Precious Metals Corp (SLW) (americanbankingnews.com)
- Wheaton Precious Metals : Recommends Shareholders Reject TRC Capital’s “Mini-Tender” Offer (4-traders.com)
- Commodities Are Mixed, Gold Is Weaker before the Fed’s Meeting (finance.yahoo.com)
Wheaton Precious Metals Corp (SLW) traded up 1.26% during mid-day trading on Friday, hitting $20.91. The company had a trading volume of 3,453,894 shares. Wheaton Precious Metals Corp has a 52-week low of $16.94 and a 52-week high of $31.35. The stock’s 50 day moving average price is $20.62 and its 200 day moving average price is $20.38.
Wheaton Precious Metals Corp (NYSE:SLW) (TSE:SLW) last issued its quarterly earnings results on Tuesday, May 9th. The mining company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $197.95 million during the quarter, compared to analyst estimates of $217.84 million. Wheaton Precious Metals Corp had a return on equity of 5.34% and a net margin of 1.80%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS. On average, equities research analysts predict that Wheaton Precious Metals Corp will post $0.64 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 6th. Shareholders of record on Thursday, May 25th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date was Tuesday, May 23rd. Wheaton Precious Metals Corp’s payout ratio is currently 2,402.40%.
A number of research analysts have recently issued reports on the company. TD Securities dropped their target price on Wheaton Precious Metals Corp from $24.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, May 11th. Scotiabank dropped their target price on Wheaton Precious Metals Corp from $26.00 to $24.00 and set an “outperform” rating on the stock in a report on Wednesday, May 10th. Royal Bank Of Canada reissued a “buy” rating and issued a $27.00 target price on shares of Wheaton Precious Metals Corp in a report on Wednesday, May 10th. Credit Suisse Group reissued an “outperform” rating and issued a $22.00 target price (up previously from $21.87) on shares of Wheaton Precious Metals Corp in a report on Thursday, April 13th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $25.00 target price on shares of Wheaton Precious Metals Corp in a report on Friday, March 31st. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $28.27.
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About Wheaton Precious Metals Corp
Wheaton Precious Metals Corp, formerly Silver Wheaton Corp, is a Canada-based pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations.
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