Shares of Silver Wheaton Corp. (NYSE:SLW) rose 2.8% on Thursday . The company traded as high as $26.17 and last traded at $26.17, with a volume of 4,979,588 shares. The stock had previously closed at $25.46.

SLW has been the topic of a number of research reports. Credit Suisse Group AG upgraded Silver Wheaton Corp. from a “neutral” rating to an “outperform” rating and set a $35.00 price target on the stock in a research report on Thursday, June 30th. Raymond James Financial Inc. upgraded Silver Wheaton Corp. from a “market perform” rating to an “outperform” rating in a research report on Wednesday, April 20th. HSBC restated a “buy” rating on shares of Silver Wheaton Corp. in a research report on Thursday, July 7th. Royal Bank Of Canada restated an “outperform” rating and issued a $27.00 target price on shares of Silver Wheaton Corp. in a research report on Friday, April 15th. Finally, Zacks Investment Research cut Silver Wheaton Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, June 28th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $22.67.

The company’s market capitalization is $11.50 billion. The firm has a 50 day moving average of $22.97 and a 200-day moving average of $17.83.

Silver Wheaton Corp. (NYSE:SLW) last released its quarterly earnings data 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 earned $188 million during the quarter, compared to the consensus estimate of $185.25 million. The company’s quarterly revenue was up 43.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 earnings per share. On average, equities research analysts anticipate that Silver Wheaton Corp. will post $0.66 earnings per share for the current year.

A number of large investors recently added to or reduced their stakes in SLW. Trexquant Investment LP bought a new stake in Silver Wheaton Corp. during the fourth quarter worth $1,125,000. Nationwide Fund Advisors increased its stake in 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 during the last quarter. Gulf International Bank UK Ltd increased its stake in 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 during the last quarter. Comerica Bank increased its stake in 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 during the last quarter. Finally, Russell Frank Co increased its stake in Silver Wheaton Corp. by 835.5% in the fourth quarter. Russell Frank Co now owns 524,411 shares of the mining company’s stock worth $6,450,000 after buying an additional 468,356 shares during 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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