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Wheaton Precious MetalsWPM.TODON'T BUYFeb 20, 2013Stock 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.
Seasonality for silver did not work this year. This one started to show signs of technical weakness and when this happens, you get out of the trade. Silver prices started coming under pressure and that broke the key support today.