Wheaton Precious Metals (WPM) in Focus: Stock Moves 5.3% Higher

Zacks Equity Research

Wheaton Precious Metals Corp. WPM was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 11.2% in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Wheaton Precious Metals. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
 
Wheaton Precious Metals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Silver Wheaton Corp Price

Silver Wheaton Corp Price | Silver Wheaton Corp Quote

Investors interested in the Mining - Miscellaneous industry may consider a better-ranked stock like Materion Corporation MTRN, which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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