Wheaton Precious Metals (LON:WPM) Stock Price Down 1.7%

Wheaton Precious Metals Corp. (LON:WPM) traded down 1.7% during mid-day trading on Tuesday . The stock traded as low as GBX 4,610 ($61.73) and last traded at GBX 4,620 ($61.86). 851 shares were traded during mid-day trading, a decline of 63% from the average session volume of 2,301 shares. The stock had previously closed at GBX 4,700 ($62.94).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 5,200 ($69.63) price target on shares of Wheaton Precious Metals in a research report on Thursday, August 8th.

Wheaton Precious Metals Trading Down 1.7 %

The stock has a market capitalization of £20.96 billion, a PE ratio of 4,812.50 and a beta of 0.71. The stock’s fifty day simple moving average is GBX 4,618.43 and its 200-day simple moving average is GBX 4,306.48.

Wheaton Precious Metals Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were issued a dividend of $0.16 per share. This represents a yield of 0.27%. The ex-dividend date was Wednesday, August 21st. Wheaton Precious Metals’s dividend payout ratio is 4,895.83%.

About Wheaton Precious Metals

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.