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flag Wheaton Precious Metals surged to a 52-week high on strong earnings and trading volume.

flag Wheaton Precious Metals hit a 52-week high of C$165.81 on Friday, closing at C$165.18, up from C$159.04, on strong trading volume. flag The company reported fourth-quarter earnings of C$0.62 per share, with a 50.05% net margin and C$663.15 million in revenue. flag It declared a quarterly dividend of C$0.165 per share, yielding 0.4%, and operates streaming agreements with 21 active mines and 13 development projects, including major streams on Vale’s Salobo and Newmont’s Penasquito. flag Despite a consensus “Buy” rating and a price target of C$134.43, the stock trades above that level.

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