Wheaton Precious Metals Corp. operates as a silver and gold streaming company in Canada and internationally. It has streaming agreements for 20 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. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.
Reported before open today (5/9/16) Earnings: EPS $0.10 Revenue $187.5M Estimates: EPS $0.13 Revenue $190.1M Down 6.67% today
Upcoming dividend information: Ex-Div-Date: 11/21/16 Payment Date: 12/7/16 Dividend: $0.06 Current Price: $17.92 Annual Yield: 1.12%
Analyst Upgrade/Downgrade Update Brokerage firm: National Bank Financial Change: Upgrade Previous Rating: Sector Perform Current Rating: Outperform Previous Price Target: N/A Current Price Target: N/A
$20 was a resistance level on my chart, I need to see a solid close above $20 with some good volume here.
The 50 has broken the 200. the last time this happened on the weekly chart for this stock was Feb. 1, 2010, right before it hit the high 40s
Thanks, @Tiptopptrader. Wish I had put a little more on this, but glad to see another golden cross. That simple little indicator has been doing me justice lately.
Need to change title of thread to WPM, no longer using SLW. Company just reported earnings, headline I saw said silver production up, gold production down. A little unfortunate, but stock is holding up. If you want to play this line connecting the lows recently, it's less than 4% below current price. If it fails that line, you still got support at $19.
SLW/WPM is another of my faves! It's been great for selling 3-6 month calls when underlying peeks above 21. Also 1.8% divy. Great way to have metals play.
WPM reported this morning, right as this has been looking at the 200 sma support. WPM has always been one of the best silver miners, here's the ratio chart of WPM/SLVP to show it
