Silver Wheaton Corp (NYSE:SLW) : The consensus price target for Silver Wheaton Corp (NYSE:SLW) is $21.4 for the short term with a standard deviation of $2.93. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $28, however, the pessimist price target for the company is $17.
Other Equity analysts have also commented on the company shares. Equity Analysts at the BMO Capital upgrades the rating on Silver Wheaton Corp (NYSE:SLW). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Market Perform. The rating by the firm was issued on May 12, 2016.
Silver Wheaton Corp (NYSE:SLW): On Thursdays trading session , Opening price of the stock was $20.77 with an intraday high of $21.03. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $20.66. However, the stock managed to close at $20.83, a loss of 0.10% for the day. On the previous day, the stock had closed at $20.85. The total traded volume of the day was 3,789,332 shares.
The company shares have rallied 17.33% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $22.19 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $19.70 and the 200 Day Moving Average price is recorded at $16.16.
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.