Silver Wheaton Corporation (SLW): Today's Featured Metals & Mining Leader

Silver Wheaton Corporation ( SLW) pushed the Metals & Mining industry higher today making it today's featured metals & mining leader. The industry as a whole closed the day down 1.4%. By the end of trading, Silver Wheaton Corporation rose 16 cents (0.6%) to $26.47 on light volume. Throughout the day, 3.2 million shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 5.5 million shares. The stock ranged in a price between $26.05-$26.63 after having opened the day at $26.13 as compared to the previous trading day's close of $26.31. Other companies within the Metals & Mining industry that increased today were: USEC ( USU), up 11.1%, Timberline Resources Corporation ( TLR), up 6.7%, Silver Bull Resources ( SVBL), up 4.8%, and SunCoke Energy ( SXC), up 3.9%.

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 $9.19 billion and is part of the basic materials sector. The company has a P/E ratio of 16, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 10.4% year to date as of the close of trading on Thursday. Currently there are nine analysts that rate Silver Wheaton Corporation a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Silver Wheaton Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Gold Resource ( GORO), down 30.6%, Universal Stainless & Alloy Products ( USAP), down 13.6%, Prospect Global Resources ( PGRX), down 12.8%, and United States Antimony Corporation ( UAMY), down 8.9%, were all laggards within the metals & mining industry with Vale ( VALE) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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