Wheaton Precious Metals (WPM) Expected to Announce Quarterly Earnings on Thursday

Wheaton Precious Metals (NYSE:WPM) is projected to issue its quarterly earnings data after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $395.74 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Wheaton Precious Metals Trading Up 2.1 %

WPM opened at $71.16 on Wednesday. The business’s 50 day moving average is $63.80 and its 200-day moving average is $62.47. The stock has a market cap of $32.28 billion, a PE ratio of 53.10, a price-to-earnings-growth ratio of 1.91 and a beta of 0.77. Wheaton Precious Metals has a twelve month low of $43.18 and a twelve month high of $72.00.

Analysts Set New Price Targets

WPM has been the topic of a number of recent analyst reports. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. UBS Group started coverage on Wheaton Precious Metals in a report on Monday, November 18th. They set a “buy” rating and a $78.00 target price on the stock. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $71.67.

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.