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. NEW YORK ( TheStreet) -- Silver Wheaton Corporation (NYSE: SLW) hit a new 52-week high Thursday as it is currently trading at $40.93, above its previous 52-week high of $40.91 with two million shares traded as of 11:40 a.m. ET. Average volume has been 4.6 million shares over the past 30 days. Silver Wheaton has a market cap of $13.89 billion and is part of the basic materials sector and metals & mining industry. Shares are up 35.6% year to date as of the close of trading on Wednesday. Silver Wheaton Corp., a mining company, together with its subsidiaries, operates as a silver streaming company worldwide. The company has a P/E ratio of 24.5, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.