Wheaton Precious Metals (LON:WPM) Shares Down 0.3% – What’s Next?

Wheaton Precious Metals Corp. (LON:WPM)’s stock price fell 0.3% during mid-day trading on Friday . The company traded as low as GBX 4,526.67 ($56.89) and last traded at GBX 4,572.62 ($57.47). 2,626 shares were traded during mid-day trading, a decline of 3% from the average session volume of 2,705 shares. The stock had previously closed at GBX 4,585 ($57.62).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 5,200 ($65.35) target price on shares of Wheaton Precious Metals in a research report on Monday, October 7th.

Wheaton Precious Metals Stock Down 0.3 %

The firm has a market cap of £20.74 billion, a P/E ratio of 4,763.15 and a beta of 0.70. The firm’s 50-day simple moving average is GBX 4,917.05 and its 200 day simple moving average is GBX 4,657.69.

Wheaton Precious Metals Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 6th. Shareholders of record on Thursday, November 21st were given a $0.16 dividend. This represents a yield of 0.24%. The ex-dividend date was Thursday, November 21st. Wheaton Precious Metals’s dividend payout ratio is currently 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.