Shares of Silver Wheaton Corp (SLW) Sees Large Inflow of Net Money Flow

Silver Wheaton Corp (SLW) : Wednesdays money flow data in Silver Wheaton Corp (SLW) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $9.43 million, whereas, $7.08 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.33, in favor of the bulls. The total money flow into the stock was $2.35 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $0.64 million. The total value of block trades done on upticks was $0.64 million. Silver Wheaton Corp (SLW) fell $0.12 and traded at $27.13, down -0.44% for the day, over previous days close. On a weekly basis, the shares are -2.48% over the previous weeks close.


Silver Wheaton Corp. has dropped 3.53% in the last five trading days, however, the shares have posted positive gains of 3.8% in the last 4 weeks. Silver Wheaton Corp. is up 22.21% in the last 3-month period. Year-to-Date the stock performance stands at 125.77%.

Silver Wheaton Corp (SLW) has an average broker rating of 1.42, which is interpreted as a Strong Buy, as rated by 12 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Silver Wheaton Corp (NYSE:SLW): The stock opened at $27.25 and touched an intraday high of $28.035 on Wednesday. During the day, the stock corrected to an intraday low of $26.85, however, the bulls stepped in and pushed the price higher to close in the green at $27.84 with a gain of 2.17% for the day. The total traded volume for the day was 4,298,959. The stock had closed at $27.25 in the previous trading session.

Silver Wheaton Corp. (Silver Wheaton) is a Canada-based mining company. The Company is engaged in pure precious metals streaming and generates its revenues from the sale of silver and gold. As of December 31, 2014, Silver Wheaton had entered into 18 long-term purchase agreements and one early deposit long-term purchase agreement associated with silver and gold (precious metal purchase agreements), relating to 27 different mining assets, whereby Silver Wheaton acquired silver and gold production from the counterparties for a per ounce cash payment which was fixed by contract, generally at or below the prevailing market price. As of December 31, 2014, gold and silver interests owned by Silver Wheaton included San Dimas and Penasquito in Mexico; Yauliyacu, Lagunas Norte and Pierina in Peru; 777, Canada; Salobo, Brazil; Sudbury and Minto in Canada; Veladero, Argentina; Zinkgruvan, Sweden, and Neves-Corvo and Aljustrel in Portugal.

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