The company trades at a P/E ratio of 52.6 and has maintained dividend payments for 14 consecutive years, though current valuations suggest the stock may be trading above its Fair Value. The company's strategic initiatives and robust financial health are likely contributing factors to this impressive year-over-year change, signaling a strong market position and potential for continued success. Discover 15 additional key insights about Silver Wheaton with an InvestingPro subscription, including detailed valuation metrics and growth forecasts. In other recent news, Berenberg analysts maintained their Buy rating for Wheaton Precious Metals (NYSE: WPM ) with a price target of $72.00, citing expectations for strong production results in 2024. The analysts revised their model for Wheaton, taking into account the positive fourth-quarter performance of the Salobo mine in Brazil, operated by Vale.