Back to top

Image: Bigstock

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

Read MoreHide Full Article

Wheaton Precious Metals Corp. (WPM - Free Report) 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.

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

Is WPM going up? Or down? Predict to see what others think:Up or Down

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Materion Corporation (MTRN) - free report >>

Wheaton Precious Metals Corp. (WPM) - free report >>

Published in