Shares of Silver Wheaton Corp. (NYSE:SLW) hit a new 52-week high during trading on Monday . The company traded as high as $26.32 and last traded at $26.14, with a volume of 3,769,973 shares changing hands. The stock had previously closed at $25.79.

A number of analysts recently commented on SLW shares. Raymond James Financial Inc. raised Silver Wheaton Corp. from a “market perform” rating to an “outperform” rating in a research report on Wednesday, April 20th. Vetr raised Silver Wheaton Corp. from a “hold” rating to a “buy” rating and set a $17.88 price target for the company in a research report on Thursday, March 31st. TD Securities reaffirmed a “buy” rating and set a $24.00 price target (up from $23.00) on shares of Silver Wheaton Corp. in a research report on Sunday, March 20th. Zacks Investment Research downgraded Silver Wheaton Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, June 28th. Finally, Credit Suisse Group AG raised Silver Wheaton Corp. from a “neutral” rating to an “outperform” rating and set a $35.00 price target for the company in a research report on Thursday, June 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the stock. Silver Wheaton Corp. currently has an average rating of “Buy” and an average target price of $22.62.

The firm’s market capitalization is $11.18 billion. The stock’s 50 day moving average is $21.54 and its 200-day moving average is $17.24.

Silver Wheaton Corp. (NYSE:SLW) last announced its earnings results on Monday, May 9th. The mining company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $188 million for the quarter, compared to analyst estimates of $185.25 million. The company’s revenue was up 43.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 EPS. On average, equities research analysts expect that Silver Wheaton Corp. will post $0.61 EPS for the current fiscal year.

A number of large investors recently made changes to their positions in the stock. Trexquant Investment LP bought a new stake in shares of Silver Wheaton Corp. during the fourth quarter worth $1,125,000. Nationwide Fund Advisors raised its stake in shares of Silver Wheaton Corp. by 262.0% in the fourth quarter. Nationwide Fund Advisors now owns 96,319 shares of the mining company’s stock worth $1,196,000 after buying an additional 69,710 shares in the last quarter. Gulf International Bank UK Ltd raised its stake in shares of Silver Wheaton Corp. by 7.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 114,645 shares of the mining company’s stock worth $1,426,000 after buying an additional 8,000 shares in the last quarter. Alps Advisors Inc. bought a new stake in shares of Silver Wheaton Corp. during the fourth quarter worth $1,462,000. Finally, Comerica Bank raised its stake in shares of Silver Wheaton Corp. by 7.9% in the fourth quarter. Comerica Bank now owns 130,136 shares of the mining company’s stock worth $1,662,000 after buying an additional 9,495 shares in the last quarter.

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.

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