Canadian stock alert


CLOSING UPDATE: Wheaton Precious Metals hits 52-week high ninth time in one month 15 June 2018 18:16 EDT


This is an end of day Alert, produced after today's Canadian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Wheaton Precious Metals, Canada's 7th largest metals & mining company by market capitalisation, hit a 52-week high of CAD29.40 today for the ninth time in the past one month and last traded at CAD29.16. Trading volume was 3.2 times average at the end of the day. Compared with the S&P/TSX 60 Index which fell 1.4 points (or 0.1%) in the day, this represented a relative price increase of 0.1%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.43 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the last three months the stock has hit a new 52-week high nine times, pointing to a significant uptrend.

Fundamental measures by comparison with the sector average [in brackets] indicate:


+ Dividend yield of 1.6% [0.7%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 1.8. Compared with the rest of the market the stock is undervalued.


The stock has outperformed 69% of the Canadian market over the past 6 months.

Bearish Signals:

Net profit margin has averaged 1.3% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

As per the Du Pont analysis, Return on Equity is less than stellar at 1.2%. Also, this has deteriorated from 4% last year.


The 0.8% discount to 12-month high of CAD29.40 against the 26.9% premium to 12-month low of CAD22.98 suggests the climb might be peaking.

Fundamental measures by comparison with the sector average [in brackets] indicate:


Price/Sales of 11.6 [1.8]

Price to Book of 2 [1.1]

Return on Equity 1.2% [4.3%]

Return on Assets 1% [1.2%]

Return on Capital Employed 1.4% [4.5%]


Afternoon Alert: Wheaton Precious Metals in 2nd consecutive rise, nears a 23-month high

15 June 2018 12:14 EDT

Wheaton Precious Metals Corp. (TSX:WPM) extended its gains Friday, rising an additional 14.0c (or 0.5%) to trade at CAD29.30. The stock increased 1.25% on Thursday bringing its 2-day rise to 1.7%. It is now approaching its 490-day high of CAD29.40.

Wheaton Precious Metals Corp. (T:WPM; TSE:WPM; N:WPM; CN:WPM)

ISIN: CA9628791027

PermID: 4295862991

CIK: Wheaton Precious Metals Corp. (formerly Silver Wheaton Corp.)