Silver Wheaton Corporation (SLW): Today's Featured Metals & Mining Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
.
(
) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day down 2.5%. By the end of trading, Silver Wheaton Corporation fell $1.12 (-3.1%) to $35.40 on heavy volume. Throughout the day, 7.6 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in price between $35.14-$36.61 after having opened the day at $36.46 as compared to the previous trading day's close of $36.52. Other companies within the Metals & Mining industry that declined today were:
(
), down 19.5%,
(
), down 12.3%,
United States Antimony Corporation
(
), down 10.7%, and
(
), down 10.6%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Silver Wheaton Corp., a mining company, together with its subsidiaries, operates as a silver streaming company worldwide. Silver Wheaton Corporation has a market cap of $13.87 billion and is part of the basic materials sector. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7. Shares are up 35.2% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Silver Wheaton Corporation a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates Silver Wheaton Corporation as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Silver Wheaton Ratings Report.
On the positive front,
(
), up 6.7%,
(
), up 4.9%,
(
), up 4.9%, and
(
), up 4.8%, were all gainers within the metals & mining industry with
(
) being today's featured metals & mining industry leader.
- Use our metals & mining section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
(
) while those bearish on the metals & mining industry could consider
PowerShares DB Base Metals Sht ETN
(
).
- Find other investment ideas from our top rated ETFs lists.
FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!
.
null