The silver miner received a boost from the price of silver futures, which rose 1.08% to $15.84 an ounce, according to CNBC.
Silver Wheaton reports third-quarter earnings Wednesday before the market open. The consensus estimate calls for earnings of 21 cents a share on revenue of $177.28 million.
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Silver prices plunged 2.3% last week, even after including a gain of 30 cents on Friday, and continued to dip on Monday.
More than 5.1 million shares had changed hands as of 2:48 p.m. to barely edge the average volume of 5,033,910.
Separately, TheStreet Ratings team rates SILVER WHEATON CORP as a "hold" with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate SILVER WHEATON CORP (SLW) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its 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, feeble growth in the company's earnings per share and deteriorating net income."