Silver Wheaton Corp (SLW) : During the past 4 weeks, traders have been relatively bearish on Silver Wheaton Corp (SLW), hence the stock is down -7.21% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.12% relative to the S&P 500. The 4-week change in the price of the stock is -9.09% and the stock has fallen -2.6% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.42% and the 50-Day Moving Average is 3.69%.The 200 Day SMA reached 38.38% Silver Wheaton Corp. is up 27.37% in the last 3-month period. Year-to-Date the stock performance stands at 115.72%.
Silver Wheaton Corp (SLW) : The highest level Silver Wheaton Corp (SLW) is projected to reach is $35 for the short term and the lowest estimate is at $23. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $29.51 and the possibility the share price can swing is $5.69.
For the current week, the company shares have a recommendation consensus of Buy. Silver Wheaton Corp (NYSE:SLW): stock was range-bound between the intraday low of $26.16 and the intraday high of $27.11 after having opened at $26.63 on Fridays session. The stock finally closed in the red at $26.63, a loss of -1.41%. The stock remained in the red for the whole trading day. The total traded volume was 6,792,950 shares. The stock failed to cross $27.11 in Fridays trading. The stocks closing price on Thursday was $26.6.
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.