Wheaton Precious Metals Corp traded at $116.58 this Friday October 30th, decreasing $6.68 or 5.42 percent since the previous trading session. Looking back, over the last four weeks, Wheaton Precious Metals lost 12.62 percent. Over the last 12 months, its price fell by 13.91 percent. Looking ahead, we forecast Wheaton Precious Metals Corp to be priced at 113.93 by the end of this quarter and at 106.35 in one year, according to Trading Economics global macro models projections and analysts expectations.
Wheaton Precious Metals Corp is a precious metal streaming company. The Company is engaged in sale of precious metals, including gold, silver and palladium. It has streaming agreements for approximately 19 operating mines and nine development stage projects. Its streams include Salobo, Penasquito, Antamina, Constancia, Stillwater, San Dimas, Sudbury, Zinkgruvan, Yauliyacu, Neves-Corvo, Minto, Pascua-Lama, Rosemont, Voisey’s Bay and Other Streams. Salobo mine is a copper deposit in Brazil. The Penasquito mine is an open pit mine and is host to the gold-silver-lead-zinc Penasquito deposit. The mine is located in the northeastern portion of the State of Zacatecas and consists of two open pits, Penasco and Chile Colorado. The Antamina mine is a copper mine located in the Peruvian Andes mountain range. The Constancia mine is an open pit mine, producing copper, molybdenum, silver and gold. Stillwater is a mine for platinum group metals (PGMs) located in Montana, United States.