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Silver Wheaton (SLW) Stock Spikes on Rallying Silver Prices

NEW YORK (TheStreet) -- Shares of Silver Wheaton Corp. (SLW - Get Report) are jumping by 8.09% to $18.30 early Tuesday afternoon as silver prices reached a 10-month high.

For May delivery, silver is soaring by 4.6% to $17 per ounce on the COMEX this afternoon.

The price of the precious metal is getting a boost from a weaker dollar today, following lower-than-expected U.S. data, Reuters reports.

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