In today’s session Silver Wheaton Corp. (USA) (SLW) registered an unusually high (538) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the March, 2017 call, expecting serious SLW increase. With 538 contracts traded and 7764 open interest for the Mar, 17 contract, it seems this is a quite bullish bet. The option with symbol: SLW170317C00023000 closed last at: $3.2 or 15.9% up. About 2.65M shares traded hands. Silver Wheaton Corp. (USA) (NYSE:SLW) has risen 46.86% since March 31, 2016 and is uptrending. It has outperformed by 44.34% the S&P500.
Silver Wheaton Corp. (USA) (NYSE:SLW) Ratings Coverage
Out of 11 analysts covering Silver Wheaton Corp. (NYSE:SLW), 6 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 55% are positive. Silver Wheaton Corp. has been the topic of 21 analyst reports since August 12, 2015 according to StockzIntelligence Inc. On Thursday, October 13 the stock rating was downgraded by National Bank Canada to “Sector Perform”. The company was upgraded on Friday, January 8 by IBC. The rating was downgraded by Raymond James to “Market Perform” on Wednesday, April 20. JP Morgan downgraded the stock to “Neutral” rating in Monday, April 18 report. Barclays Capital initiated Silver Wheaton Corp. (USA) (NYSE:SLW) on Tuesday, October 27 with “Overweight” rating. The company was maintained on Monday, August 15 by JP Morgan. On Friday, March 18 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was downgraded by BMO Capital Markets on Monday, September 14 to “Market Perform”. The rating was downgraded by IBC on Wednesday, August 12 to “Sector Perform”. The rating was downgraded by Standpoint Research on Monday, July 11 to “Hold”.
According to Zacks Investment Research, “Silver Wheaton is the only mining company with 100% of its revenue from silver production.”
Silver Wheaton Corp. is a mining company. The company has a market cap of $11.14 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.
More important recent Silver Wheaton Corp. (USA) (NYSE:SLW) news were published by: Fool.ca which released: “Silver Wheaton Corp.: The Right Stock for Your Portfolio?” on October 25, 2016, also Investorplace.com published article titled: “Trade of the Day: Silver Wheaton Corp. (USA) (NYSE:SLW)”, Fool.ca published: “Silver Wheaton Corp.: Could This Stock Hit $50?” on August 03, 2016. More interesting news about Silver Wheaton Corp. (USA) (NYSE:SLW) was released by: Investorplace.com and their article: “Why Dollar Tree, Inc. (DLTR), Dr Pepper Snapple Group Inc. (DPS) and Silver …” with publication date: October 04, 2016.
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