Price Targets in Precious Metals Refining Increase by 6.84%

The average price target for one year for a major player in the precious metals refining market has been revised upward to 2,550.00 per share. This represents an increase of 6.84% from the previous estimate of 2,386.80 on August 1, 2023.

This price target is an average of several targets provided by analysts. The most recent targets range from a minimum of 2,525.00 to a maximum of 2,625.00 per share. The average price target represents a 34.78% increase from the last reported closing price of 1,892.00 per share.

Performance and Growth

At the latest price, the company's yield is 4.76%.

Additionally, the company's distribution rate is 0.76. This rate indicates what proportion of a company's revenue is distributed. A rate of 1.0 means that 100% of the revenue is distributed. A rate above 1 indicates that the company is using its reserves to maintain its distribution, which is not a healthy situation.

The company's 3-year distribution growth rate is 0.12%, which shows that its distribution has increased over time.

Fund Sentiment

There are 64 funds or institutions reporting positions in this company. This represents a decrease of 2 owners or 3.03% in the last quarter. The average weight of the portfolio of all funds dedicated to this asset is 0.11%, a decrease of 42.74%. The total number of shares held by institutions decreased in the last three months by 6.36% to 5,683,000 shares.

Actions of Other Shareholders

• The Vanguard Total International Stock Index Fund Investor Shares owns 976,000 shares, representing a 1.27% ownership in the company. In its previous statement, the fund reported that it owned 951,000 shares, indicating an increase of 2.60%.

• The Vanguard Developed Markets Index Fund Admiral Shares owns 562,000 shares, representing a 0.73% ownership of the company. In its previous statement, the fund reported that it owned 548,000 shares, representing an increase of 2.37%.

• The iShares MSCI Global Silver and Metals Miners ETF holds 476,000 shares, representing an ownership of 0.62% of the company. In its previous statement, the fund reported that it held 576,000 shares, representing a decrease of 21.15%.

• The Japanese Small Company Series of Dfa Investment Trust Co holds 472,000 shares, representing a 0.62% ownership of the company. There were no changes in the last quarter.

• The iShares Core MSCI EAFE ETF holds 447,000 shares, representing a 0.58% ownership of the company. There were no changes in the last quarter.