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Wheaton Precious MetalsWPM.TOCOMMENTOct 09, 2012Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
He bought them a long time ago and sold with profit. They would be in the same class as Franco-Nevada. WPM is not going to finance anymore. The cashflow is what it is and there will be little upside since it is a royalty company. He would prefer Franco-Nevada. He would look elsewhere where you can get appreciation.
One of the largest silver royalty companies in North America and it had a good run because the price of silver ran from the mid-$20 up to about $35. He could see a 4%-6% correction but he is optimistic on both gold and silver pricing and could see this heading through the $40 levels.