Wheaton Precious Metals (LON:WPM) Hits New 52-Week High – Time to Buy?

Posted by Jeff Wilder on Feb 27th, 2025

Wheaton Precious Metals Corp. (LON:WPM – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 5,574.80 ($70.70) and last traded at GBX 5,466.04 ($69.32), with a volume of 2331 shares. The stock had previously closed at GBX 5,500 ($69.75).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 5,800 ($73.56) price target on shares of Wheaton Precious Metals in a research report on Wednesday, February 19th.

Read Our Latest Report on WPM

Wheaton Precious Metals Stock Performance

The firm has a market cap of £30.69 billion, a P/E ratio of 50.36 and a beta of 0.70. The stock has a fifty day simple moving average of GBX 4,946.92 and a 200 day simple moving average of GBX 4,853.27.

About Wheaton Precious Metals

(Get Free Report)

Wheaton Precious Metals is one of the largest precious metals streaming companies in the world. The Company has entered into agreements to purchase all or a portion of the precious metals or cobalt production from high-quality mines for an upfront payment and an additional payment upon delivery of the metal.