It’s Not A Fantasy To Think That Wheaton Precious Metals Corp (WPM) Has Big Future Potential

Wheaton Precious Metals Corp (NYSE:WPM) currently has a daily average trading volume of 1.46M but it saw 1361382 shares traded in last market. With a market cap of 29.13B USD, the company’s current market price of $64.22 came rising about 0.09 while comparing to the previous closing price of $64.16. In past 52 weeks, the stock remained buoying in the range of price level as high as $64.48 and as low as $38.37. In the recent trading on the day, stock has struck highest price mark of $63.56 while lowest mark touched by it was $64.82.

Taking a look at 20-day trading activity of Wheaton Precious Metals Corp (WPM) gives us an average price of $61.30, while its current price level is -0.40% below from 52-week high level whereas it is 67.35% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $59.91 while that of 200 days or SMA-200 reads an average of $52.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.05% during that period while stretching the period over a month that increases to 2.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.72 which implies that the stock is in neutral territory.

Over the week, WPM’s stock price is moving 3.23% up while it is 2.87% when we observe its performance for the past one month. Year-to-date it is 30.16% up and over the past year, the stock is showing an upside performance of 54.56%.

Currently, Wheaton Precious Metals Corp’s total number of outstanding shares is 453.07M. Company’s return on investment (ROI) stands at 7.97% and return on equity (ROE) at 8.16%. It has a price to earnings ratio (P/E ratio) of 51.01 while having a 37.77 of forward P/E ratio. Stock’s beta reads 0.79. Stock has a price to book (P/B) ratio of 4.07 while price to sale or P/S ratio amounts to 25.72. Its return on asset (ROA) is 8.08% on average.