What’s Ahead for Silver Wheaton Corp. After Today’s Huge Increase?

 What's Ahead for Silver Wheaton Corp. After Today's Huge Increase?

The stock of Silver Wheaton Corp. (TSE:SLW) is a huge mover today! About 143,569 shares traded hands. Silver Wheaton Corp. (TSE:SLW) has risen 19.77% since April 14, 2016 and is uptrending. It has outperformed by 15.34% the S&P500.
The move comes after 9 months positive chart setup for the $11.06B company. It was reported on Nov, 18 by Barchart.com. We have $32.52 PT which if reached, will make TSE:SLW worth $2.88 billion more.

Silver Wheaton Corp. (TSE:SLW) Ratings Coverage

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. $45 is the highest target while $19 is the lowest. The $34.17 average target is 32.39% above today’s ($25.81) stock price. Silver Wheaton Corp. has been the topic of 13 analyst reports since August 13, 2015 according to StockzIntelligence Inc. The firm earned “Overweight” rating on Thursday, February 4 by JP Morgan. The rating was maintained by Scotia Capital on Friday, November 11 with “Outperform”.

More notable recent Silver Wheaton Corp. (TSE:SLW) news were published by: Seekingalpha.com which released: “Silver Wheaton: 2 Reasons To Buy” on November 18, 2016, also Fool.com with their article: “Better Buy: Silver Wheaton Corp. vs. Hecla Mining” published on November 11, 2016, Fool.com published: “When Will Silver Wheaton Corp. Split Its Stock?” on October 26, 2016. More interesting news about Silver Wheaton Corp. (TSE:SLW) were released by: Nasdaq.com and their article: “Silver Wheaton Corp. Q3 Profit Rises 67%” published on November 09, 2016 as well as Nasdaq.com‘s news article titled: “Earnings Reaction History: Silver Wheaton Corp., 40.0% Follow-Through …” with publication date: November 09, 2016.

Silver Wheaton Corp. is a mining company. The company has a market cap of $11.06 billion. The Firm is a pure precious metals streaming firm engaged in the sale of silver and gold. It has a 2318.96 P/E ratio. 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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