Wheaton Precious Metals Corp (WPM) with a beta value of 0.76 appears to be a promising investment opportunity.

On Tuesday, Wheaton Precious Metals Corp (NYSE: WPM) opened lower -0.58% from the last session, before settling in for the closing price of $44.91. Price fluctuations for WPM have ranged from $38.37 to $52.76 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 5.88%. Company’s average yearly earnings per share was noted -4.20% at the time writing. With a float of $452.42 million, this company’s outstanding shares have now reached $453.07 million.

Considering the fact that the conglomerate employs 42 people, you should pay attention to its efficiency factor.

Wheaton Precious Metals Corp (WPM) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Wheaton Precious Metals Corp is 0.14%, while institutional ownership is 67.73%.

Wheaton Precious Metals Corp (WPM) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -4.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.90% during the next five years compared to 4.27% growth over the previous five years of trading.

Wheaton Precious Metals Corp (NYSE: WPM) Trading Performance Indicators

Check out the current performance indicators for Wheaton Precious Metals Corp (WPM). In the past quarter, the stock posted a quick ratio of 21.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.91. Likewise, its price to free cash flow for the trailing twelve months is 230.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.32 in one year’s time.

Technical Analysis of Wheaton Precious Metals Corp (WPM)

Compared to the last year’s volume of 2.04 million, its volume of 1.53 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 44.26%. Additionally, its Average True Range was 1.17.

During the past 100 days, Wheaton Precious Metals Corp’s (WPM) raw stochastic average was set at 49.12%, which indicates a significant increase from 39.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.97% in the past 14 days, which was lower than the 30.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $44.61, while its 200-day Moving Average is $44.42. Nevertheless, the first resistance level for the watch stands at $45.26 in the near term. At $45.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $46.19. If the price goes on to break the first support level at $44.33, it is likely to go to the next support level at $44.01. Now, if the price goes above the second support level, the third support stands at $43.40.

Wheaton Precious Metals Corp (NYSE: WPM) Key Stats

There are currently 453,069K shares outstanding in the company with a market cap of 20.23 billion. Presently, the company’s annual sales total 1,016 M according to its annual income of 537,640 K. Last quarter, the company’s sales amounted to 313,470 K and its income totaled 168,440 K.