The stock of Silver Wheaton Corp. (TSE:SLW) is a huge mover today! About 1.46M shares traded hands. Silver Wheaton Corp. (TSE:SLW) has risen 85.78% since February 5, 2016 and is uptrending. It has outperformed by 69.29% the S&P500.
The move comes after 5 months negative chart setup for the $15.82B company. It was reported on Sep, 13 by Barchart.com. We have $33.02 PT which if reached, will make TSE:SLW worth $949.20 million less.
Out of 4 analysts covering Silver Wheaton Corp. (TSE:SLW), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Silver Wheaton Corp. has been the topic of 9 analyst reports since September 21, 2015 according to StockzIntelligence Inc.
Silver Wheaton Corp. is a mining company. The company has a market cap of $15.82 billion. The Firm is a pure precious metals streaming firm engaged in the sale of silver and gold. It currently has negative earnings. It has entered into over 19 long-term purchase agreements and approximately two early deposit long-term purchase agreement associated with silver and gold, relating to over 30 different mining assets, whereby Silver Wheaton acquires silver and gold production at various mines.
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