Zacks Rating on Silver Wheaton Corp (SLW)

Silver Wheaton Corp (SLW) : The consensus on Silver Wheaton Corp (SLW) based on 12 analyst recommendation on the company stock is 1.42, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

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 12 rating analysts who initiate coverage on the stock is $29.76 and the possibility the share price can swing is $4.1.


Silver Wheaton Corp. has dropped 7.58% in the last five trading days, however, the shares have posted positive gains of 12.09% in the last 4 weeks. Silver Wheaton Corp. is up 55.52% in the last 3-month period. Year-to-Date the stock performance stands at 131.04%. Silver Wheaton Corp (NYSE:SLW): On Tuesdays trading session , Opening price of the stock was $29.16 with an intraday high of $29.2369. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $28.44. However, the stock managed to close at $28.49, a loss of 1.28% for the day. On the previous day, the stock had closed at $28.86. The total traded volume of the day was 4,082,246 shares.

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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