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 low Thursday as it is currently trading at $20.84, below its previous 52-week low of $21.45 with 2.5 million shares traded as of 10:06 a.m. ET. Average volume has been 5.6 million shares over the past 30 days. Silver Wheaton has a market cap of $8.07 billion and is part of the basic materials sector and metals & mining industry. Shares are down 38.4% year to date as of the close of trading on Wednesday. Silver Wheaton Corp., together with its subsidiaries, operates as silver and gold streaming company worldwide. The company has 20 long-term purchase agreements associated with silver and gold relating to 23 mining assets. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7.
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