Silver Wheaton Corp. (NYSE:SLW)- Stocks Charging Up for Historic Highs: New Gold (NYSE:NGD)

Silver Wheaton Corp. (NYSE:SLW) runs in leading trade, it knocking up 7.43% to traded at $21.41. SLW attains analyst recommendation of 1.90 on scale of 1-5 with week’s performance of 6.36%. Silver Wheaton Corp. (SLW) announced that its Board of Directors has declared its first quarterly cash dividend payment for 2017 of US$0.07 per common share, an increase of US$0.01 relative to the previous quarterly dividend.

The first quarterly cash dividend of US$0.07 will be paid to holders of record of Silver Wheaton common shares as of the close of business on April 5, 2017, and will be distributed on or about April 21, 2017.

To find out the technical position of SLW, it holds price to book ratio of 1.90 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 31.30, and price to earnings ratio calculated as 2676.25. The price to earnings growth ration calculated as 167.63. SLW is presenting price to cash flow of 75.17.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -173.70%, and looking further price to next year’s EPS is 14.00%. While take a short look on price to sales ratio, that was 11.32 and price to earning ration of 2676.25 attracting passive investors.

New Gold Inc. (NYSE:NGD) kept active in under and overvalue discussion, NGD holds price to book ratio of 0.72 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. In addition, the firm has price to earnings ratio of 584.00, which is authentic method to judge but not universal for all situation.

Fundament/ News Factor in Focus

Taking look on ratio analysis, NGD has forward price to earnings ratio of 26.07, compare to its price to earnings ratio of 584.00. Adding one more ration to find detail valuation of security, price to earnings growth ration that stands at 116.80. The co is presenting price to cash flow as 7.96, the low single digit may indicate stock is undervalued and vice versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.

The firm has price volatility of 4.26% for a week and 5.12% for a month. Its beta stands at 0.33 times. Narrow down four to firm performance, its weekly performance was 5.04% and monthly performance was -6.41%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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