Shares of Silver Wheaton Corp (SLW) Sees Large Inflow of Net Money Flow

Silver Wheaton Corp (SLW) : The money flow analysis of Silver Wheaton Corp (SLW) indicates a $27.39 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $30.49 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.11 and so was the total money flow at $3.09 million. A solid up-down ratio of 3.75 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $3.96 million worth of block trades on upticks. Only $1.06 million worth of the stock exchanged hands on downticks. The money flow was $2.9 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Silver Wheaton Corp (SLW), pushing it down by -3.75% for the day. The stock slid $0.99 and traded at $25.39 during the day. Nonetheless, the stock is -1.55% over the previous weeks close.


Institutional Investors own 50.06% of Silver Wheaton Corp shares.

Shares of Silver Wheaton Corp. rose by 3.08% in the last five trading days and 19.8% for the last 4 weeks. Silver Wheaton Corp. is up 43.12% in the last 3-month period. Year-to-Date the stock performance stands at 105.71%.

Silver Wheaton Corp (NYSE:SLW): On Tuesdays trading session , Opening price of the stock was $26.35 with an intraday high of $26.39. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $25.3. However, the stock managed to close at $25.41, a loss of 3.68% for the day. On the previous day, the stock had closed at $26.38. The total traded volume of the day was 7,735,154 shares.

Silver Wheaton Corp. (Silver Wheaton) is a Canada-based mining company. The Company is engaged in pure precious metals streaming and generates its revenues from the sale of silver and gold. As of December 31, 2014, Silver Wheaton had entered into 18 long-term purchase agreements and one early deposit long-term purchase agreement associated with silver and gold (precious metal purchase agreements), relating to 27 different mining assets, whereby Silver Wheaton acquired silver and gold production from the counterparties for a per ounce cash payment which was fixed by contract, generally at or below the prevailing market price. As of December 31, 2014, gold and silver interests owned by Silver Wheaton included San Dimas and Penasquito in Mexico; Yauliyacu, Lagunas Norte and Pierina in Peru; 777, Canada; Salobo, Brazil; Sudbury and Minto in Canada; Veladero, Argentina; Zinkgruvan, Sweden, and Neves-Corvo and Aljustrel in Portugal.

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