Wheaton Precious Metals’ (WPM) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Wheaton Precious Metals (LON:WPM) in a report released on Tuesday, Marketbeat.com reports. They currently have a GBX 5,100 ($64.82) price objective on the stock.

Wheaton Precious Metals Stock Up 1.5 %

Wheaton Precious Metals stock opened at GBX 4,415 ($56.11) on Tuesday. The business has a 50 day moving average price of GBX 4,058.40 and a two-hundred day moving average price of GBX 3,795.17. The stock has a market cap of £20.01 billion, a price-to-earnings ratio of 4,696.81 and a beta of 0.66. Wheaton Precious Metals has a 12 month low of GBX 3,040 ($38.64) and a 12 month high of GBX 4,956.15 ($62.99).

Wheaton Precious Metals Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, June 11th. Stockholders of record on Wednesday, May 29th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Wednesday, May 29th. This represents a dividend yield of 0.28%. Wheaton Precious Metals’s dividend payout ratio is currently 5,212.77%.

Wheaton Precious Metals Company Profile

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.