Eduardo Luna Sells 17,000 Shares of Wheaton Precious Metals Corp. (TSE:WPM) Stock

Wheaton Precious Metals Corp. (TSE:WPM – Get Rating) Director Eduardo Luna sold 17,000 shares of the firm’s stock in a transaction dated Thursday, May 19th. The stock was sold at an average price of C$52.61, for a total transaction of C$894,293.57. Following the sale, the director now owns 93,053 shares of the company’s stock, valued at approximately C$4,895,099.96.
Eduardo Luna also recently made the following trade(s):
- On Monday, May 23rd, Eduardo Luna sold 13,000 shares of Wheaton Precious Metals stock. The stock was sold at an average price of C$52.44, for a total transaction of C$681,684.82.
Wheaton Precious Metals stock traded up C$0.44 during mid-day trading on Tuesday, reaching C$52.98. 643,553 shares of the company traded hands, compared to its average volume of 1,141,009. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.70 and a quick ratio of 3.61. The firm’s 50 day moving average price is C$57.37 and its 200 day moving average price is C$55.39. The firm has a market capitalization of C$23.92 billion and a price-to-earnings ratio of 25.24. Wheaton Precious Metals Corp. has a 52-week low of C$45.76 and a 52-week high of C$65.45.
Wheaton Precious Metals (TSE:WPM – Get Rating) last issued its quarterly earnings data on Thursday, March 10th. The company reported C$0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.39 by C($0.02). The business had revenue of C$350.74 million for the quarter, compared to analyst estimates of C$361.35 million. On average, sell-side analysts anticipate that Wheaton Precious Metals Corp. will post 1.1299999 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 3rd. Shareholders of record on Friday, June 3rd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, May 19th. Wheaton Precious Metals’s payout ratio is currently 28.11%.
WPM has been the subject of a number of research analyst reports. Raymond James decreased their price objective on shares of Wheaton Precious Metals to C$70.00 and set an “outperform” rating for the company in a report on Tuesday, February 8th. JPMorgan Chase & Co. reduced their target price on shares of Wheaton Precious Metals from C$68.00 to C$64.00 in a research note on Thursday, February 10th. BMO Capital Markets started coverage on shares of Wheaton Precious Metals in a research note on Tuesday, February 8th. They issued a “buy” rating and a C$51.00 target price for the company. Peel Hunt reduced their target price on shares of Wheaton Precious Metals from C$77.00 to C$70.00 and set a “buy” rating for the company in a research note on Monday, February 14th. Finally, KeyCorp lifted their target price on shares of Wheaton Precious Metals to C$70.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 19th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$68.36.
Wheaton Precious Metals Company Profile (Get Rating)
Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests in the 23 operating mines and 13 development projects. The company was formerly known as Silver Wheaton Corp.
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