Randy Smallwood Purchases 9,775 Shares of Wheaton Precious Metals Corp (TSE:WPM) Stock

Wheaton Precious Metals Corp (TSE:WPM) Senior Officer Randy Smallwood purchased 9,775 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The shares were purchased at an average price of C$39.86 per share, for a total transaction of C$389,638.34. Following the completion of the transaction, the insider now directly owns 208,750 shares of the company’s stock, valued at C$8,320,921.13.

Randy Smallwood also recently made the following trade(s):

  • On Monday, March 23rd, Randy Smallwood sold 89,100 shares of Wheaton Precious Metals stock. The stock was sold at an average price of C$37.27, for a total value of C$3,320,926.29.
  • On Tuesday, December 31st, Randy Smallwood sold 100 shares of Wheaton Precious Metals stock. The stock was sold at an average price of C$39.04, for a total value of C$3,904.00.

TSE:WPM traded up C$0.16 during mid-day trading on Thursday, hitting C$41.59. 410,735 shares of the company’s stock were exchanged, compared to its average volume of 1,515,263. The company has a market cap of $16.71 billion and a PE ratio of 217.95. The company has a debt-to-equity ratio of 16.50, a current ratio of 2.39 and a quick ratio of 1.72. Wheaton Precious Metals Corp has a one year low of C$26.50 and a one year high of C$45.00. The business has a fifty day moving average price of C$39.20 and a 200 day moving average price of C$37.21.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 26th will be paid a dividend of $0.134 per share. This is an increase from Wheaton Precious Metals’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.29%. Wheaton Precious Metals’s dividend payout ratio (DPR) is currently 189.47%.

Separately, National Bank Financial reduced their target price on shares of Wheaton Precious Metals from C$52.00 to C$50.00 and set an “outperform” rating on the stock in a research report on Wednesday.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp., a mining company, primarily sells precious metals in Canada and internationally. The company sells silver and gold ores. It has agreements for 19 operating mines and 9 development stage projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp.

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Insider Buying and Selling by Quarter for Wheaton Precious Metals (TSE:WPM)

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