Wheaton Precious Metals Corp (WPM) Stock Experiences -2.93% Monthly Change

In the past week, WPM stock has gone up by 1.02%, with a monthly decline of -2.93% and a quarterly surge of 19.47%. The volatility ratio for the week is 2.63%, and the volatility levels for the last 30 days are 2.41% for Wheaton Precious Metals Corp The simple moving average for the last 20 days is -4.02% for WPM stock, with a simple moving average of 13.54% for the last 200 days.

Is It Worth Investing in Wheaton Precious Metals Corp (NYSE: WPM) Right Now?

The price-to-earnings ratio for Wheaton Precious Metals Corp (NYSE: WPM) is above average at 40.98x, Company’s 36-month beta value is 0.77.Analysts have differing opinions on the stock, with 9 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for WPM is 452.66M, and currently, short sellers hold a 4.26% ratio of that floaft. The average trading volume of WPM on June 12, 2024 was 1.94M shares.

WPM) stock’s latest price update

Wheaton Precious Metals Corp (NYSE: WPM) has seen a decline in its stock price by -0.89 in relation to its previous close of 53.81. However, the company has experienced a 1.02% gain in its stock price over the last five trading sessions. zacks.com reported 2024-06-07 that Investors interested in stocks from the Mining – Miscellaneous sector have probably already heard of SSR Mining (SSRM) and Wheaton Precious Metals Corp. (WPM). But which of these two stocks is more attractive to value investors?

Analysts’ Opinion of WPM

Jefferies, on the other hand, stated in their research note that they expect to see WPM reach a price target of $49. The rating they have provided for WPM stocks is “Buy” according to the report published on February 29th, 2024.

WPM Trading at -0.45% from the 50-Day Moving Average

After a stumble in the market that brought WPM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.85% of loss for the given period.

Volatility was left at 2.41%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares sank -2.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.59% upper at present.

During the last 5 trading sessions, WPM rose by +1.02%, which changed the moving average for the period of 200-days by +26.17% in comparison to the 20-day moving average, which settled at $55.50. In addition, Wheaton Precious Metals Corp saw 8.09% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for WPM

Current profitability levels for the company are sitting at:

  • 0.52 for the present operating margin
  • 0.57 for the gross margin

The net margin for Wheaton Precious Metals Corp stands at 0.53. The total capital return value is set at 0.08. Equity return is now at value 8.50, with 8.37 for asset returns.

Based on Wheaton Precious Metals Corp (WPM), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 141.58. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 2168.28.

Currently, EBITDA for the company is 741.82 million with net debt to EBITDA at -0.36. When we switch over and look at the enterprise to sales, we see a ratio of 21.59. The receivables turnover for the company is 97.39for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.65.

Conclusion

In a nutshell, Wheaton Precious Metals Corp (WPM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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