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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Silver Wheaton Corporation ( SLW) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.2%. By the end of trading, Silver Wheaton Corporation rose $0.20 (1.0%) to $19.83 on average volume. Throughout the day, 4,337,198 shares of Silver Wheaton Corporation exchanged hands as compared to its average daily volume of 5,243,500 shares. The stock ranged in a price between $19.75-$20.20 after having opened the day at $19.85 as compared to the previous trading day's close of $19.63. Other companies within the Metals & Mining industry that increased today were: Tonix Pharmaceuticals ( TNXP), up 30.6%, Entree Gold ( EGI), up 4.8%, Golden Star Resources ( GSS), up 4.5% and Thompson Creek Metals Company ( TC), up 4.2%.

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. Silver Wheaton Corporation has a market cap of $7.1 billion and is part of the basic materials sector. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7. Shares are down 45.6% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Silver Wheaton Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Silver Wheaton Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow.

On the negative front, Exeter Resource Corporation ( XRA), down 8.9%, Platinum Group Metals ( PLG), down 8.5%, Polymet Mining ( PLM), down 8.2% and NovaCopper ( NCQ), down 7.6% , were all laggards within the metals & mining industry with United States Steel Corporation ( X) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists